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Jio Financial: Jio Financial's exclusion from key indices deferred

"JFSL will now be removed from all the S&P BSE indices effective prior to the opening of trading on Tuesday, August 29, 2023. Should JFSL continue to hit the lower circuit in the next two days, the removal date will be deferred by another three days," BSE said in a circular. ....

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Market may open higher


SGX Nifty:
Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 18 points at the opening bell.
Global markets:
Overseas, Asian stocks are trading mixed on Friday, following gains overnight on Wall Street that saw the S&P 500 sailing to a record closing high.
Wall Street stocks ended higher on Thursday, with the S&P 500 closing above its prior record high set on May 7, as economic data appeared to support the Federal Reserve s assertion that the current wave of heightened inflation will be temporary.
Consumer prices for May accelerated at their fastest pace since the summer of 2008 amid the economic recovery from the pandemic-triggered recession, the Labor Department reported Thursday. ....

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Steel Authority of India Ltd Slides 2.73%, S&P BSE Metal index Shed 1.07%


Steel Authority of India Ltd has added 3.06% over last one month compared to 4.79% gain in S&P BSE Metal index and 7.01% rise in the SENSEX
Steel Authority of India Ltd fell 2.73% today to trade at Rs 123.1. The S&P BSE Metal index is down 1.07% to quote at 18676.07. The index is up 4.79 % over last one month. Among the other constituents of the index, Tata Steel Ltd decreased 1.49% and JSW Steel Ltd lost 1.27% on the day. The S&P BSE Metal index went up 164.09 % over last one year compared to the 56.75% surge in benchmark SENSEX.
Steel Authority of India Ltd has added 3.06% over last one month compared to 4.79% gain in S&P BSE Metal index and 7.01% rise in the SENSEX. On the BSE, 10.25 lakh shares were traded in the counter so far compared with average daily volumes of 67.15 lakh shares in the past one month. The stock hit a record high of Rs 151.1 on 10 May 2021. The stock hit a 52-week low of Rs 28.5 on 12 Jun 2020. ....

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