Reliance Industries’ diversification, domination strategy to pay off well; expansion manageable, says S&P

Reliance Industries Ltd’s (RIL) strategy to diversify and dominate a number of industries will boost spending and will also help mitigate its elevated capex needs, rating agencies said on Wednesday. While S&P Global Ratings said it believes that “the company’s appetite for bigger investments or M&As will dissipate”, Fitch Group company CreditSights said its “credit […]

Share Market Highlights: Nifty settles above 17800, Sensex rises 170 pts; Bank Nifty above 42800, Tata Consumer shares gain

Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Wednesday’s session broadly in green despite unfavourable global cues. The NSE Nifty 50 rose 44.35 points or 0.25% to 17,813.60 and BSE Sensex climbed 169.87  points or 0.28% to 60,300.58. In sectoral indices, Bank Nifty surged 151.40 points or 0.35% to 42,829.90 […]

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