Indian stock market shows strong performance as benchmark indices BSE Sensex and NSE Nifty gain over 0.75% on Thursday. Private lender HDFC Bank sells off housing loan portfolio worth $717 million while RITES consortium emerges as lowest bidder for $11.9 million project. Piramal Capital & Housing Finance, subsidiary of Piramal Enterprises, sells immovable property worth Rs 187 crore in Mumbai. Other major corporate actions such as ex-bonus and ex-dividend trading for Pulsar International and Sanghvi Movers, respectively, and strategic collaboration between Infosys and Sally Beauty Holdings Inc. to provide IT efficiencies through hyper-automation also to be watched out for on Friday.
Indian Stock Market Surges: Sensex and Nifty Gain over 0.75%
The Indian stock market witnessed a robust performance on Thursday, with benchmark indices BSE Sensex and NSE Nifty rising by over 0.75%. This surge comes amidst a positive global market sentiment.
Major Corporate Actions
Background
The Indian stock market has been witnessing a positive trend in recent months due to several factors, including:
FAQs
1. What factors contributed to the recent stock market surge?
2. What is the significance of the HDFC Bank loan portfolio sale?
3. How will the RITES consortium bid impact the company's growth?
4. What are the benefits of the Infosys and Sally Beauty Holdings collaboration?
5. How can investors participate in the ex-bonus and ex-dividend trading for Pulsar International and Sanghvi Movers?
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