SBI Mutual Fund on Friday bought additional shares of pharmaceutical company Alkem Laboratories for Rs 300 crore through an open market transaction.
Balkrishna's current valuation at 14 times FY27 enterprise value to operating profit is attractive given a strong return on invested capital of 25 per cent in FY26
Financial services stocks bore the brunt of the selloff, with net selling amounting to Rs 5,344 crore
Japan remains the clear favourite in the region, followed by Taiwan
Log fourth consecutive session of declines amid sustained selling by FPIs
These initiatives include the "sachetisation" of MFs, Tarun Yojana, and MITRA - Mutual Fund Investment Tracing and Retrieval Assistant
Sebi chief calls upon Amfi for guidance on the issue
The announcement marks the first additions of digital era stocks to the country's most widely tracked equity gauge. Zomato was included in the BSE Sensex late last year
National Aluminium Company, Steel Authority of India, Hindalco, Jindal Stainless and Tata Steel from the BSE Metal index were up in the range of 2 per cent to 4 per cent in intra-day trade on Friday.