Page 4 - Future Consumer News Today

The 30-share BSE Sensex was up 392.8 points at 66982.73

Future Enterprises have received resolution plans from Jindal (India) Ltd, Reliance Retail Ventures and GBTL Ltd under the corporate insolvency process. The newly appointed resolution professional Avil Menezes disclosed the names of these three entities as a provisional list of prospective resolution applicants. The RP has admitted Rs 12,265 crore of verified claims from lenders and Rs 23 crore of claims from fixed deposit holders.

After a sharp outperformance in the mid-and small-cap segments in the first half of calendar year 2023 (H1-CY23), analysts are now turning cautious on these two market segments and suggest investors stay selective and look for valuation comfort and earnings visibility before investing. The S&P BSE Midcap index has surged 13.7 per cent in H1-CY23, and the S&P BSE Small-cap index gained 12.7 per cent during this period, data shows. The S&P BSE Sensex, in comparison, has moved up 6.4 per cent.

The 30-share BSE Sensex closed down 505.19 points at 65280.45

The 30-share BSE Sensex closed up 486.49 points at 65205.05

BSE Large-cap, Mid-cap and Small-cap index lost 1 percent each.

The 30-share BSE Sensex closed up 159.4 points at 63327.7

Future Retail has received claims worth ₹9,306 crore from operational creditors under IBC

Among sectors, the Nifty Auto index added 4.2 percent, the Bank index 2.6 percent, and Realty index was up 1.7 percent, while the Nifty PSU Bank index fell 4 percent

In the January to March period, HNIs increased their stakes in 812 companies, which on average depreciated 12.56 percent. In contrast, institutional investors like DIIs upped their stake in 529 stocks and FIIs raised their stake in 609 stocks in the period