Yesterday's big news in the country was related to Reliance Industries. The valuation of the company has decreased by Rs 1.88 lakh crore in last week's trading. Now the market cap of Reliance Industries is Rs 18.76 lakh crore.
At the same time, the market cap of HDFC Bank has decreased by ₹ 72 thousand crores to 12.64 lakh crores. Bharti Airtel's market cap has declined by ₹ 53 thousand crores to ₹ 9.34 lakh crores.
Before tomorrow's big news, today's major events to keep an eye on…
- There may be a rise in the stock market today (Monday).
- RBI Monetary Policy Committee meeting will be held today.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow's big news…
1. Market-cap of 9 out of top-10 companies decreased by ₹ 4.74 lakh crore: Reliance Industries was the top loser, its value decreased by ₹ 1.88 lakh crore to ₹ 18.76 lakh crore.
In last week's trading, the combined market capitalization of 9 out of the top 10 companies of the country has decreased by Rs 4.74 lakh crore. Among these, Reliance Industries has suffered the most loss last week. Its market cap has declined by ₹1.88 lakh crore to ₹18.76 lakh crore.
At the same time, the market cap of HDFC Bank has decreased by ₹ 72 thousand crores to 12.64 lakh crores. Bharti Airtel's market cap has declined by ₹ 53 thousand crores to ₹ 9.34 lakh crores.
Click here to read the full news…
2. Garuda Construction and Engineering's IPO will open from October 8: You can bid till October 10, minimum investment will be Rs 14,915.
The initial public offer i.e. IPO of Garuda Construction and Engineering Limited will open this week on October 8. Investors will be able to bid for this issue till October 10. The company's shares will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on October 15.
The company wants to raise ₹264.10 crore through this issue. For this, the company is issuing 18,300,000 fresh shares worth ₹173.85 crore. Whereas, the existing investors of the company are selling 9,500,000 shares worth ₹90.25 crore through Offer for Sale i.e. OFS.
Click here to read the full news…
3. Two main ways of handing over property to the next generation: Gift deed to transfer property during lifetime, property can also be given through will.
There are two main ways of passing on property to the next generation, gift deed and will. Both are means of legally transferring property. But their biggest difference is that a gift deed transfers the property during the lifetime, whereas a will takes effect after death. Let us understand…
1. Gift Deed: This is a permanent process. Once the asset is transferred, the owner loses rights over it. Therefore, hand over the property only to a person in whom you have full confidence. Giving a large portion of the property to one person can also create disputes among other heirs.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
The market was closed yesterday on Saturday, so know the condition of share market and gold and silver on Friday…
Know the latest price of petrol, diesel and gas cylinder…
Graphics Source: VaskarAssets