Page 3 - Canara News Today

Canara Bank stock rose nearly 4% today after the lender said its board of directors approved the raising of Rs 8,500 crore via debt instruments (Additional Tier I / Tier II Bonds) for the financial year 2024-25. The banking stock rose to a high of Rs 119.30 in the current session. Canara Bank stock stands higher than the 5 day, 10 day, 20 day, 30 day, 50 day, 100 day, 150 day and 200 day moving averages.

The Nifty Auto index closed 0.22 per cent down at 23419.6.

The Nifty IT index closed 1.28 per cent down at 32386.1.

The Nifty Realty index closed 2.34 per cent up at 1019.4.

The IPO, if approved by the regulators including RBI, the Department of Financial Services, and the union government, will pave the way for Canara HSBC Lifes listing on both exchanges.

The Nifty Bank index closed 0.62 per cent up at 48983.95.

The NSE Nifty index closed 42.05 points up at 22530.7

SRS Karnataka launches helpline to address 'love jihad' cases. The helpline team comprises advisers, counsellors, former police personnel, and advocates to verify the authenticity of each case, counsel women in distress, and provide necessary assistance while ensuring callers' anonymity.

An analyst from YES Securities said that Titan is moving sideways for the past four weeks, following profit-taking from the previous month and has not shown a clear directional bias.

Infrastructure sector-based mutual funds, including Quant Infrastructure Fund, Invesco India PSU Equity Fund, and Nippon India Power & Infra Fund, have been top winners in the last five years of the Modi government, offering impressive absolute returns up to 380%.