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REC Ltd up for third straight session business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
YES Securities Nifty rallied for the straight sixth session, in Friday’s trade Nifty opened on a gap up note above 15,400 mark and traded in positive territory throughout the session. Surpassing Feb months high, Nifty also registered a new record high at 15,470. However, Nifty traded within a narrow trending band of 75 points which is the lowest daily trading range since 10th May. Moreover, Nifty s breadth was unimpressive as about half of Nifty50 components ended in red, it represents stock specific action at play. Shifting the base higher, now levels of 15,250 could turn out as immediate floor, while on the higher side on-going rally could continue till 15,600 level. ....
REC Ltd is quoting at Rs 134.3, up 2.36% on the day as on 12:49 IST on the NSE. The stock is up 50.64% in last one year as compared to a 61.85% spurt in NIFTY and a 69.66% spurt in the Nifty Financial Services. REC Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 134.3, up 2.36% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.88% on the day, quoting at 14953.6. The Sensex is at 49575.73, up 0.75%. REC Ltd has risen around 7.4% in last one month. Meanwhile, Nifty Financial Services index of which REC Ltd is a constituent, has risen around 8.25% in last one month and is currently quoting at 15771.05, up 0.97% on the day. The volume in the stock stood at 23.58 lakh shares today, compared to the daily average of 38.88 lakh shares in last one month. ....
India Inc s foreign borrowings jump 24 percent to $9.23 billion in March SECTIONS Last Updated: May 02, 2021, 10:44 AM IST Share Synopsis Of the total borrowings during March 2021, USD 5.35 billion came in through the approval route of the external commercial borrowings (ECB), while the rest of USD 3.88 billion was raked in via the automatic route of raising funds from international markets. ThinkStock Photos India Inc s external commercial borrowings jumped by over 24 per cent to USD 9.23 billion in March this year, RBI data showed. Indian firms had raised USD 7.44 billion from the foreign market in the same period a year ago. Of the total borrowings during March 2021, USD 5.35 billion came in through the approval route of the external commercial borrowings (ECB), while the rest of USD 3.88 billion was raked in via the automatic route of raising funds from international markets. ....