Don’t miss the latest developments in business and finance.

Sensex, Nifty end flat; RIL, Jio Fin drop 1% as 46th AGM lacks fireworks

CLOSING BELL ON AUG 28, 2023: Shares of Reliance Industries (down 1.4 per cent) and Jio Financial Services (down 0.97 per cent) ended as the top large-cap laggards amid profit booking

SI Reporter New Delhi
BSE
BSE

1 min read Last Updated : Aug 28 2023 | 4:14 PM IST

Key Events

3:58 PM

ALERT :: Mukesh Ambani concludes address to shareholders at the 46th RIL AGM

>> Chairman Mukesh Ambani concludes with 5 needs for India:
  • Digital tools
  • Green Energy
  • Financial Inclusion
  • Quality education and healthcare
  • Good health

3:50 PM

RIL 46TH AGM LIVE :: Confident of value creation much higher over the next 10 yrs than the past 45 years

3:44 PM

RIL 46th AGM LIVE :: What the Ambanis said about Reliance Foundation?

3:38 PM

Sectoral Check:: Auto, financial, pharma gain; IT, FMCG slip


3:36 PM

Sensex 30 Heatmap:: 15 Gainers v/s 15 Losers


3:34 PM

CLOSING BELL:: NSE Nifty50 settles atop 19,300, gains 40 pts


3:33 PM

CLOSING BELL:: S&P BSE Sensex snaps 2-day losing run; ends 110 pts higher at 64,997

chart

3:20 PM

RIL 46th AGM Live: First compressed bio-gas plant commissioned in Barabanki, UP

3:19 PM

RIL 46th AGM Live: To set up a giga-watt scale electrolyser unit for green hydrogen ambitions

3:17 PM

RIL 46th AGM Live: Battery Giga Factory to be set up by 2026

3:16 PM

Stock Alert:: Reliance slips over 1%


3:14 PM

RIL 46th AGM Live: Aim to bring Dhirubhai Ambani solar PV giga-factory on stream by 2025 end

3:12 PM

Market Check :: Jio Financial down nearly 4% from day's high

3:11 PM

RIL 46th AGM Live: Working to scale up chemical recycling opportunities

3:11 PM

RIL 46th AGM LIVE :: JFS will prove an invaluable addition to RIL ecosystem of consumer businesses

>> Just like Jio and Retail, JFS will prove an invaluable addition to RIL ecosystem of consumer businesses.

>> I’ve 3 reasons to be confident about JFS's success.

>> One, the digital-first architecture will give it an unmatched head start: Mukesh Ambani

>>  Two, RIL has capitalised JFS with net worth of Rs 1,20,000 cr - one of world’s highest capitalised fin service co at inception.

>> Three, JFS is blessed with very strong board, led by Shri KV Kamath, a veteran and most respected banker:

Stock market highlights: Mukesh Ambani-led Reliance Industries' 46th Annual General Meeting (AGM) has concluded where the chairman put forth his plans for Reliance Retail, Jio Financial Services, and Reliance Jio. At the bourses, shares of the company ended as the top large-cap laggards amid profit booking. While shares of RIL slipped 1.4 per cent, those of Jio Financial Services fell 0.97 per cent. 

Losses in the shares also brought benchmark indices off highs. The S&P BSE Sensex ended at 64,997, up 110 points or 0.17 per cent, while the Nifty50 shut shop at 19,306, up 40 points. 

The frontline indices had hit intraday highs of  65,213 and 19,367, respectively.

Meanwhile, in the broader markets, the BSE MidCap and SmallCap indices added 0.6 per cent each.

Among sectors, the Nifty IT and FMCG indices were the only losers, falling 0.46 per cent and 0.23 per cent, respectively. On the upside, the Nifty Bank, Auto, Pharma, PSU Bank, and Realty indices added between 0.6 per cent and 0.9 per cent. 

Topics :MARKET LIVEMARKET WRAPstock market tradingIndian marketsMarkets Sensex NiftyFII flowsDIIsCrude Oil PriceRupee vs dollarBSE NSEReliance Industries AGMBuzzing stocksstocks to watchJerome PowellGlobal Markets

First Published: Aug 28 2023 | 7:23 AM IST

Next Story