Live Breaking News & Updates on Nuvama Institution Equities
Stay updated with breaking news from Nuvama institution equities. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
IOC shares, which are up 105 per cent in the past one year, closed at Rs 168.95 on Tuesday, down 4.44 per cent. Nuvama’s target price suggests a 11 per cent downside from this level.
Other than Jio Financial, Adani Power, Indian Railway Finance Corporation, Power Finance Corporation, and REC have been included in the Nifty Next 50 index, while Adani Wilmar, Muthoot Finance, PI Industries, Procter & Gamble Hygiene & Health Care, and Shriram Finance have been excluded. ....
Crude prices have been declining steadily and hit a four-month low on November 16. This may lead to oil marketing companies (OMCs) such as Indian Oil Corporation, Bharat Petroleum Corporation, and Hindustan Petroleum Corporation reducing fuel prices soon. ....