Bharat Petroleum Corporation Ltd has added 5.48% over last one month compared to 5.83% gain in S&P BSE Oil&Gas index and 3.22% drop in the SENSEX
Bharat Petroleum Corporation Ltd lost 2.6% today to trade at Rs 442. The S&P BSE Oil&Gas index is down 0.63% to quote at 15618.56. The index is up 5.83 % over last one month. Among the other constituents of the index, Hindustan Petroleum Corporation Ltd decreased 1.3% and Oil & Natural Gas Corpn Ltd lost 1.26% on the day. The S&P BSE Oil&Gas index went up 54.05 % over last one year compared to the 65.07% surge in benchmark SENSEX.
Bharat Petroleum Corporation Ltd has added 5.48% over last one month compared to 5.83% gain in S&P BSE Oil&Gas index and 3.22% drop in the SENSEX. On the BSE, 1.33 lakh shares were traded in the counter so far compared with average daily volumes of 13.44 lakh shares in the past one month. The stock hit a record high of Rs 482.4 on 02 Mar 2021. The stock hit a 52-week low of Rs 252 on 24 Mar 2020.
Two of the largest city-based realty players the IPO-bound Macrotech Developers, earlier known as Lodha Group, and K Raheja Corp on Wednesday said they would pay for the COVID-19 vaccinations of their employees. These two companies join the select few large corporates which have announced such a move, led by Reliance Industries, which was the first to make the offer to pay for the vaccination of its employees and their family members. Later, HDFC Bank and ICICI Bank, among a few others, also said they would pay for the vaccine shots for their staffers and their families. An official of Macrotech, which is the largest real estate developer by residential sales in the country, told PTI that it directly employs around 2,700 people and around 9,000 who are construction workers, architects, designers and vendors.
Read more about Reliance Industries Ltd continues to fall on Business Standard. Reliance Industries Ltd is quoting at Rs 2106.25, down 0.13% on the day as on 13:19 IST on the NSE. The stock jumped 110.94% in last one year as compared to a 66.58% rally in NIFTY and a 76.03% spurt in the Nifty Energy index.
Key equity indices traded in a narrow range near the day s low in afternoon trade. The Nifty was trading below the 14,800 mark. Rising domestic inflation and increase in COVID-19 cases sapped investors appetite for risk assets.
At 13:20 IST, the barometer index, the S&P BSE Sensex, tanked 859.26 points or 1.69% at 49,932.82. The Nifty 50 index lost 256.65 points or 1.71% at 14,774.30.
Reliance Industries (down 2.25%), ICICI Bank (down 3.39%) and HDFC Bank (down 2.02%) were major drags.
The broader market tumbled. The S&P BSE Mid-Cap index declined 1.80%. The S&P BSE Small-Cap index dropped 1.12%.
Sellers outnumbered buyers. On the BSE, 898 shares rose and 2,049 shares fell. A total of 184 shares were unchanged.
Amid technology adoption across the board, startups in most sectors are helping to expand markets bringing new customers into the fold, instead of disruption of existing companies, according to a latest report. BofA Securities note described India as a supply constrained market (rather than demand constrained), and said Jio s launch of 4G services at affordable prices had underlined that at a value for money proposition, consumer uptake picks up. Past calls and meetings with India s leading experts and top startups in the unlisted space had fortified the view that India internet sector is at an inflexion point to witness hyper-growth in the coming years, the report Internet - India and ASEAN: Disruptive Tech said.