Reliance Infra hits upper circuit after Rs 600 crore export deal secured by subsidiary

Reliance Infra hits upper circuit after Rs 600 crore export deal secured by subsidiary

Shares of Reliance Infrastructure Ltd, led by Anil Ambani, hit the upper circuit on Wednesday after its subsidiary, Reliance Defence, secured an export contract worth Rs 600 crore from Germany’s Rheinmetall Waffe Munition GmbH, a leading defence and ammunition manufacturer. In a regulatory filing with the BSE, the company said, “Reliance Infrastructure Limited-promoted Reliance Defence…

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First Trade: Sensex opens 700 points lower after India’s retaliatory strike on Pakistan; Paytm up 5%

First Trade: Sensex opens 700 points lower after India’s retaliatory strike on Pakistan; Paytm up 5%

Indian equity benchmarks opened lower after India’s retaliatory strike on Pakistan as part of operation Sindoor post the horrific Pahalgam attack.  As cautious sentiment prevailed, at the open, the  BSE Sensex was lower by 609.49 points, or 0.76 per cent, at 80,031.58, and the Nifty50 was at 24,360.75, lower by 18.85 points or 0.08 per cent. Meanwhile, the…

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