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Stock Market Live Updates 28 May 2024: Sensex, Nifty track Asian cues; LIC quarterly results in spotlight

Stock Market Live Updates 28 May 2024: Sensex, Nifty track Asian cues; LIC quarterly results in spotlight
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Primex 40 Index Hits Record High: Outperforms Nifty 500 Multicap in H1 2024

PNN New Delhi [India] May 28 The Primex 40 an index tracking the performance of the top 40 Indian private companies in unlisted and delisted markets recently achieved an all-time high of 276389 growing over 236 basis points since the last record-high achieved on November 1 2021 The Primex 40 index growth was driven by key performers like Waaree Energies Limited Tata Capital Limited National Stock Exchange Hero Fincorp etc among others Launched by Wealth Wisdom India Private Limited WWIPL the Primex 40 index observed a 49 surge in the last 6 months against a 20 growth of the Nifty 500 Multicap 502525 The Primex 40 index has reportedly posted a 22 annualised return significantly outpacing its benchmark Several stocks have been instrumental in driving the Primex 40 index to record heights Waaree Energies Limited for example saw its stock price soar from 725 to 2200 a 20345 surge in just 3 quarters The company leadership position in the solar energy industry coupled with strategic investme

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Shares in unlisted space see a sharp spurt - The Hindu BusinessLine

Investors flock to unlisted shares in anticipation of IPOs, but caution is advised due to potential fraud risks.

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Brenmiller Signs MoU with India s Largest Solar Panel Manufacturer Waaree Energies to Deploy Thermal Energy Storage Projects in India

Marks Brenmiller’s entrance into the Indian market, the world’s 5th largest economy Solar-powered bGen™ thermal energy storage systems will help India transition to a 50% renewable energy.

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Sunil Shah: Should Jio Financials be part of your portfolio for 3-5 years? Sunil Shah answers

And as a country, as we progress from about $2800 per capita to about $5000 over the next six-year journey, I think finance itself is going to be a big part of Indian consumer spend.

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