New entrants in India’s asset management industry including Reliance Industries Ltd.’s financial services unit and Zerodha Broking Ltd. can only disrupt distribution of mutual funds, not pricing or product offerings, …
Jio Financial Services, the company which was carved out of Reliance Industries (RIL) and listed on the exchanges on August 21, 2023, saw mutual funds sell shares worth Rs 2,850 …
Bajaj Finance’s fundraising plan has surprised analysts as India’s most valued NBFC has reasonable consolidated leverage of 5.2x, and is well-capitalised with Tier-I capital of about 23% and RoE of …
Jio Financial Services’ exit from benchmark Nifty and other indices of the NSE effective Thursday, September 7, will unlikely have a ripple effect on Nifty stocks, according to Nuvama. Likening …
Jio Financial Services stock is likely to get excluded from the S&P BSE Sensex from tomorrow unless it hits the 5% lower circuit according to estimates from Nuvama. The stock, …
Mumbai: Stock exchanges have postponed the exclusion of Jio Financial Services (JFSL) from key indices to August 28 from August 23 after the stock on Tuesday hit a lower circuit …
While Asia’s richest billionaire Mukesh Ambani has hived off his financial services unit from incubator Reliance Industries, about 60% of the Rs 1.6 lakh crore-market capitalisation of Jio Financial Services …
Nifty futures traded 2 points, or 0.01 per cent, lower at 19,386.50, signaling that Dalal Street was headed for a muted start on Tuesday. Here’s a slew of stocks that …
Mumbai: Jio Financial Services fell 5% on debut Monday amid expectations of a flood of sale orders from passive funds which can’t hold the shares anymore. But the company is …
Nifty futures traded 17.5 points, or 0.09 per cent, lower at 19,312, signaling that Dalal Street was headed for a negative start on Monday. Here’s a slew of stocks that …