Motilal Oswal Financial Services Ltd an Indian stock brokerage and investment management firm in its latest announcement announced the launch of its newly upgraded investment app Rise.
The key index closed at a record 22,967.65, up 369.85 points or 1.64%, after hitting a peak of 22,993.60 during trade. The BSE Sensex rose 1,196.98 points, or 1.61%, to end at 75,418.04.
Indias benchmark indices soared to fresh all-time highs on Thursday as the Reserve Bank of Indias larger-than-expected dividend payment to the government prompted traders to cover some of their bearish bets.
Motilal Oswal Financial Services, one of the leading diversified financial services company, has partnered with MMRDA to brand the local metro station close to its office hub in Mumbai.