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Market trades in the green; Fortis loses 3%
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Summary
The market is trading in the green with the BSE Sensex trading at 35,345 points and the NSE Nifty trading at 10,752 points. Fortis stock is volatile and is now reporting more than a 3% loss in trade after the Munjal-Burman bid approval. Asian Paints is the top index gainer after posting robust quarterly earnings on …
Continue reading “Market trades in the green; Fortis loses 3%”
The market is trading in the green with the BSE Sensex trading at 35,345 points and the NSE Nifty trading at 10,752 points.
Fortis stock is volatile and is now reporting more than a 3% loss in trade after the Munjal-Burman bid approval. Asian Paints is the top index gainer after posting robust quarterly earnings on Thursday.
Shares of Indian telecom services providers fell sharply on Friday after Reliance Jio Infocomm Ltd unveiled a new post-paid plan as it takes on bigger rivals such as Bharti Airtel Ltd and Idea Cellular Ltd.
Jio, the telecom arm of Reliance Industries Ltd, introduced an unlimited domestic post-paid plan for Rs 199 rupees and international calling at 0.50 paise per minute on Thursday.
Shares of Idea fell as much as 8.1 percent to their lowest since February 2011, while Airtel declined about 5.8 percent.
The market on Friday opened in the green backed by strong global cues with the BSE Sensex opening at 35,288 points and the NSE Nifty at 10,742 points.
Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.
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