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Volatility struck bourses in early trade as the key benchmark indices regained positive zone soon after opening lower. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 71.74 points or 0.14% at 52,807.33. The Nifty 50 index was up 13.85 points or 0.09% at 15,828.55. Asian stocks are trading lower. The S&P BSE Mid-Cap index was up 0.42%. The S&P BSE Small-Cap index was up 0.5%. The market breadth, indicating the overall health of the market, is strong. On the BSE, 1700 shares rose and 849 shares fell. A total of 101 shares were unchanged. Stocks in news: HDFC Life Insurance Company fell 0.43% to Rs 693. Foreign promoter Standard Life will reportedly sell 3.46% stake in the company through block deal at a price band of Rs 658-678 per share. ....
Shares of HDFC Life Insurance Company will be in focus. Foreign promoter Standard Life will reportedly sell 3.46% stake in the company through block deal at a price band of Rs 658-678 per share. NALCO posted net turnover and net profit of Rs.8869.29 crore and Rs.1299.56 crore respectively in FY20-21 compared to Rs.8425.75 crore and Rs.138.23 crore achieved during the previous year. The net profit of the company for the financial year 2020-21 has jumped by 840% over last financial year. RITES said that Metro Express, Mauritius has awarded additional work of consultancy services (PMC) for extension of the mainline from Rose Hill to Reduit through Ebene for an additional fee of MUR 250 millions (Rs 45 crore approximately). ....