Shares of RailTel Corporation of India ended today s session with a drop of 20% at ₹308.25. However, the stock still holds a 183% gain in a year. Similarly, Ircon International witnessed substantial selling pressure, with its stock finishing today s session with a drop of 10.77%.
Jio Financial in fact led the turn over chart, followed by HDFC Bank Ltd, ICICI Bank Ltd, Kotak Mahindra Bank Ltd and Tata Consultancy Services Ltd to name a few.
Shriram Finance Ltd was included in Nifty, as it had highest six-month average free-float market capitalisation within eligible universe as a replacement to UPL Ltd, NSE said adding that the changes will become effective from March 28, at close of March 27, 2024.
Jio Financial Services Ltd (JFS) may see $89 million passive inflows on its inclusion in Nifty Next 50. PFC is seen attracting $48 million inflows, Adani Power $45 million, REC $45 million and IRFC $23 million inflows.
JFS shares climbed 14.50 per cent to hit a record high of Rs 347 on BSE. The stock later traded at Rs 330.70, up 9.12 per cent. At this price, JFS was valued at Rs 2,10,325.47 crore against its previous day's market value of Rs 1,92,536.28 crore.