Invest With Tribe

Share this post

Bharti Airtel (+3%), SBI (+2%) & more

blog.investwithtribe.com

Bharti Airtel (+3%), SBI (+2%) & more

Tribe Daily

Tribe Wealth
Dec 29, 2022
Share this post

Bharti Airtel (+3%), SBI (+2%) & more

blog.investwithtribe.com

Market Summary

Nifty ended marginally higher amid mixed signals.


Companies

Bharti Airtel (+3%) rose as the company is planning to list Airtel Payment Bank. SBI (+2%) rose as the bank is planning to raise Rs 10,000 cr via infrastructure bonds. 


Sectors

Nifty Oil & Gas (+1%) rose due to strong performance of Adani Total Gas, BPCL, Petronet LNG, and ONGC. Nifty Metal (+1%) rose due to strong performance of APL Apollo, Jindal Steel, Tata Steel and JSE Steel. Nifty Private Bank (+1%) rose due to strong performance of Federal Bank, RBL Bank, IDFC First Bank and IndusInd Bank.

News of The Day

1.​​Transformers & Rectifiers (+3%) rose after the company bagged orders worth Rs 123 cr. (Business Standard)

2.Ashoka Buildcon (+2%) rose after the company bagged orders worth Rs 755 cr. (Business Standard)

3.Aster Dm (+1%) rose after the company's subsidiary signed an agreement to acquire a 100% stake in Adrian IN Healthcare. (Business Standard)

4.Tata Consumers UK's arm acquired a 23.3% stake in Joekels Tea Packers for Rs 43.65 cr. (Mint)

5.Mamaearth parent Honasa Consumer files draft IPO papers. (Business Today)


Market Sentiment


Expert of The Day

Follow Him on Invest With Tribe


Latest Blog:

$300 Bn Electronic Manufacturing Sector by 2026!


Articles You Like to Read

Raise capital formation : Never let demand down. (Source: Mint)

Mineral-intensive growth would need the country to ease mining. (Source:Mint)

The policymaker who made key choices along our reforms path . (Source:Mint)


Latest on our Social:

Click to see the full post


Follow our Socials

Looking for fantastic content on the stock market, trading and investing?

Follow us on Twitter, Instagram, Reddit, LinkedIn & YouTube

Share this post

Bharti Airtel (+3%), SBI (+2%) & more

blog.investwithtribe.com
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 Tribe Wealth
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing