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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

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	<strong>Stock market highlights</strong>: Mukesh Ambani-led <strong>Reliance Industries&#39; 46th Annual General Meeting (AGM)</strong>&nbsp;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.&nbsp;</div>
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	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.&nbsp;</div>
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	The frontline indices had hit intraday highs of&nbsp; 65,213 and 19,367, respectively.</div>
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	Meanwhile, in the broader markets, the BSE MidCap and SmallCap indices added 0.6 per cent each.</div>
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	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.&nbsp;</div>
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Sensex, Nifty end flat; RIL, Jio Fin drop 1% as 46th AGM lacks fireworks

Business Standard

Sensex, Nifty end flat; RIL, Jio Fin drop 1% as 46th AGM lacks fireworks | News on Markets - Business Standard

RIL 46th AGM Live: Our energy biz partnership with bp continues to progress, says Ambani

RIL 46th AGM Live: Added 13 new grades of crude oil and feedstocks

RIL 46th AGM Live: O2C business Ebitda improved 17.7% YoY in FY23

RIL 46th AGM Live: Jio Financial Board will be led by KV Kamath

RIL 46th AGM Live: Jio Fin to use blockchain based platforms and CBDC

RIL 46th AGM Live: Reliance has capitalised JFS with a net worth Rs 1.2 trillion

RIL 46th AGM LIVE :: JFS will explore blockchain-based platforms, says Mukesh Ambani

RIL 46th AGM Live: JFS products will adhere to highest security norms

RIL 46th AGM Live: Jio digital ecosystem unparalleled, says BlackRock CEO Larry Fink

RIL 46th AGM LIVE :: RIL, Jio has created unparalleled digital ecosystem in India, says Larry Fink

RIL 46th AGM Live: JFS JV with BlackRock to set up asset management business

RIL 46th AGM LIVE :: JioBlackrock to provide innovative investment solution, says Mukesh Ambani

RIL 46th AGM Live: JFS to fill critical gap of financial services needs in under served rural, sub-urban areas

RIL 46th AGM LIVE :: Jio Financial Services is born to accelerate India's growth story in  Bharat

RIL 46th AGM Live: Digital and new commerce sales contributed Rs 50,000 crore to retail revenue

RIL 46th AGM Live: 9x growth seen in JioMart consumers since its launch in 2022

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

&gt;&gt; Chairman Mukesh Ambani concludes with 5 needs for India:<br />
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		Digital tools</li>
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		Green Energy</li>
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		Financial Inclusion</li>
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		Quality education and healthcare</li>
	<li>
		Good health</li>
</ul>
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RIL 46TH AGM LIVE :: Confident of value creation much higher over the next 10 yrs than the past 45 years

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

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RIL 46th AGM Live: Had Reliance Retail been listed, it would have been the 4th largest firm in India

At Rs 8.28 trillion valuation, had Reliance Retail been listed, it would have been the 4th largest firm in India, says Mukesh Ambani

RIL 46th AGM Live: Reliance Retail valuation has doubled in less than 3 years to 8.28 tn from 4.28 tn

RIL 46th AGM LIVE :: Stand committed to create up to 2000 MW of AI-ready computing capacity: Mukesh Ambani

RIL 46th AGM Live: Announces launch of enterprise support offering Jio TrueFibre developer platform

&gt;&gt; Jio TrueFibre 5G lab also to be launched

RIL 46th AGM Live: Akash Ambani announces launch of Jio Smart Home services

&gt;&gt; Jio Smart Home Services to provide seemless wifi coverage in home, to allow managing home network<br />
&gt;&gt; The service is home based broadband offering

RIL 46th AGM Live: Jio AirFibre will launch on Ganesh Chaturthi, September 19

RIL 46th AGM Live: Expect bulk of 2G users to join our network after recent launch of Jio Bharat

RIL 46th AGM Live: Nita Ambani to step down from RIL board

&gt;&gt; RIL said that Ambani scions Isha, Akash and Anant have been appointed on board of the company.<br />
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&gt;&gt; Nita Ambani to step down from the board.<br />
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&gt;&gt; She will continue as the chairperson of Reliance Foundation.
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RIL 46th AGM LIVE :: RIL maintains its leading position in exim, profits, employment generation, CSR

RIL 46th AGM Live: Consolidated revenue stood at Rs 9.7 trillion, net profit Rs 73,670 crore in FY23

RIL 46th AGM LIVE :: RIL has cumulatively invested $150 bn in last 10 years

RIL 46th AGM LIVE :: India stands out as a beacon of hope for the world, says Ambani

ALERT :: RIL's 46th AGM begins; Mukesh Ambani begins address

LT Foods, KRBL, Chaman Lal, GRM slide up to 6% on basmati rice export curbs

KRBL, GRM Overseas and Chaman Lal Setia, meanwhile, dropped over 3 per cent, 4 per cent and 6 per cent, respectively, to their respective intra-day lows. <a href="https://www.business-standard.com/markets/news/lt-foods-krbl-chaman-lal-grm-slide-up-to-6-on-basmati-rice-export-curbs-123082800361_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="basmati rice, exports" class="imgCont" height="464" src="https://bsmedia.business-standard.com/_media/bs/img/article/2020-08/06/full/1596738309-9017.jpg" style="border: 1px solid #DDD; margin-right: 10px; padding: 1px; float: left; z-index: 0; width:100%" title="basmati rice, exports" width="620" /></div>
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RIL, Linde India: Trading strategies for buzzing stocks of the day

Shares of Reliance Industries on Monday traded sideways and on a sluggish note ahead of its AGM later in the day. <a href="https://www.business-standard.com/markets/news/ril-linde-india-trading-strategies-for-buzzing-stocks-of-the-day-123082800373_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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RailTel Corporation surges 12% on heavy volumes; stock nears record high

A combined 22.3 million equity shares, representing 7.3 per cent of total equity of RailTel, changed hands on the NSE and BSE till 12:17 PM. <a href="https://mybs.in/2cH7kjk" rel="nofollow" target="_blank"><strong>READ MORE</strong></a><br />
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Texmaco Rail zooms 14%; hits new all-time high

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	So far in August, the stock has soared nearly 37 per cent as against a 2.5 per cent drop in the BSE benchmark. For the financial year 2023-24, the stock has seen a solid rally of 252 per cent while the Sensex has gained 11 per cent.&nbsp;<a href="https://www.business-standard.com/markets/news/texmaco-rail-zooms-14-hits-new-all-time-high-123082800208_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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This specialty chemicals stock zoomed 48% in a month; here's why

The company is primarily engaged in manufacturing of carbon materials and chemicals. For Q1FY24, HSCL more-than-doubled its standalone profit after tax at Rs 88 crore, as compared to Rs 39 crore in a year-ago quarter. <a href="https://www.business-standard.com/markets/news/himadri-speciality-hits-new-high-zoomed-48-in-1-month-on-positive-outlook-123082800196_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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Zomato gains 6% after over 55 mn shares change hands via block deals

Zomato issued fresh equity shares to all the selling shareholders of Blinkit as consideration for the M&amp;A last year. Following the transaction, Zomato had negotiated a 12-month lock-in for these shares, compared to the statutory lock-in requirement of six months. A majority of these shares are owned by just three venture capital investors, namely, Softbank, Tiger Global and Sequioa. <a href="https://www.business-standard.com/markets/news/zomato-gains-6-after-over-55-million-shares-change-hands-via-block-deals-123082800164_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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Suzlon hits 8-year high; up 197% so far in FY24

The stock has been a distinct outperformer so far in FY24, up a whopping 197 per cent as against a 11 per cent gain on the BSE benchmark. In August alone, the stock has rallied over 24 per cent, even as the Sensex declined 2.5 per cent. <a href="https://www.business-standard.com/markets/news/suzlon-hits-8-year-high-up-197-so-far-in-fy24-123082800165_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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Sectoral trends :: IT, FMCG indices dip 0.03% each

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Sensex Heatmap :: 9 stocks start in the red; Nestle, HUL top laggards

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Opening Bell :: Sensex rises 100 pts in early deals

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Pre-Open Session :: Sensex sees minor uptick

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Currency check :: Rupee opens higher at 82.56/$

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Stocks to Watch today, Aug 28: RIL, Jio Fin, BEL, Adani group, Gland Pharma

Stocks to Watch on Monday, August 28, 2023: The 46th Annual General Meeting (AGM) of Reliance Industries will take place at 2 PM today where Chairman Mukesh Ambani will address the shareholders. <a href="https://www.business-standard.com/markets/news/stocks-to-watch-today-aug-28-ril-jio-fin-bel-adani-group-gland-pharma-123082800090_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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Stake sale, IPO plans for retail units in focus for Ambani's AGM speech

Ambani, chairman of Reliance Industries Ltd., will address shareholders at its 46th annual general meeting by video on Monday. His once-a-year speech to investors &mdash; similar to Warren Buffett&rsquo;s annual letters to Berkshire Hathaway shareholders &mdash; has over time evolved into an highly anticipated pageant when the tycoon announces grand new initiatives. <a href="https://www.business-standard.com/companies/news/stake-sale-ipo-plans-for-retail-units-in-focus-for-ambani-s-agm-speech-123082800095_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="Mukesh Ambani, Ambani" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-08/28/full/1693190385-4805.jpg" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 600px; height: 400px;" title="Mukesh Ambani, Ambani" /></div>
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Q&A | Retail trading volumes may bolster momentum: Centrum Broking's S Nayak

Centrum GalaxC will leverage Centrum Group&#39;s expertise in wealth management, insurance, and banking to provide schemes for wealth growth, management, savings, and security, said Nayak. <a href="https://www.business-standard.com/markets/interviews/retail-trading-volumes-likely-to-bolster-market-momentum-sandeep-nayak-123082700495_1.html?1693190713" target="_blank"><strong>READ FULL INTERVIEW</strong></a><br />
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	<img align="" alt="Sandeep Nayak" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-08/27/full/1693151871-2689.jpg" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 267px; height: 400px;" title="Sandeep Nayak" /></div>
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Nifty may take support around 19,170; Bank Nifty near 43,600

According to Ravi Nathani, an independent technical analyst, the Nifty can potentially take support around 19,170 - 19,050; Bank Nifty remains rangebound within 43,600 - 45,100. <a href="https://www.business-standard.com/markets/news/nifty-may-take-support-around-19-170-bank-nifty-near-43-600-123082800075_1.html?1693190713" target="_blank"><strong>READ MORE</strong></a><br />
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WATCH VIDEO | What factors will guide markets this week?

The Sensex and Nifty ended lower for the fifth straight week, as investors remained wary of cues from the recent Jackson Hole Economic Symposium. Find out the key events that will guide the markets.<br />
<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="400" scrolling="no" src="https://www.youtube.com/embed/Q4HFGoIOhYo" title="What factors will guide markets this week?" width="600"></iframe>

Gift Nifty signals a positive start to Monday's trade

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US dollar index steady above 104-mark as Fed adopts hawkish stance

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Brent Crude climbs 0.2% to $84 per barrel

source: <em>oilprice.com</em><br />
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Powell delivers on expected lines; Indian markets to consolidate: Analysts

The US central bank, Powell said, is prepared to hike the benchmark rates and keep the borrowing costs high until inflation comes in the target range of 2 per cent. <a href="https://www.business-standard.com/finance/news/powell-delivers-on-expected-lines-indian-markets-to-consolidate-analysts-123082600255_1.html" target="_blank"><strong>READ MORE</strong></a><br />
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	<img align="" alt="Jerome Powell, US Fed Chair" class="imgCont" src="https://bsmedia.business-standard.com/_media/bs/img/article/2023-07/23/full/1690079133-9018.jpg" style="border: 1px solid rgb(221, 221, 221); margin-right: 10px; padding: 1px; float: left; z-index: 0; width: 600px; height: 400px;" title="Jerome Powell, US Fed Chair" /></div>
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Chinese markets surge after government halves stamp duty on stock trades

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US equity futures steady this morning: Dow Jones up 0.1%

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