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Buy Bank of Baroda, target price Rs 91: ICICI Direct

Updated at : 2021-09-17 13:20:01

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​​Bank of Baroda, incorporated in the year 1911, is a banking company (having a market cap of Rs 43361.87 Crore).

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The previous announcement on inclusion of REITs and InvITs in Nifty indices has been put on hold, said NSE.

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Promoters held 51.5 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 6.7 per cent and 4.05 per cent, respectively.

Shares of Tata Power fall as Nifty drops

Updated at : 2021-09-17 13:20:01

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On the technical charts, the 200-day moving average of the stock stood at Rs 104.45.

GAIL shares up 0.22% as Nifty falls

Updated at : 2021-09-17 13:20:01

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The stock quoted a 52-week high price of Rs 170.0 and low of Rs 81.25.

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A total of 2,506 shares changed hands on the counter till 01:01PM (IST).

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"Products that came before Ola S1 had compromises in terms of range, the pricing was not right, they did not have digital features. Indian consumers are very value conscious. More than cost conscious, they are actually value conscious. They did not feel it was a right product for them."

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In the spot market, highest purity gold was sold at Rs 46,657 per 10 gram while silver was priced at Rs 62,258 per kg on Wednesday, according to the Indian Bullion and Jewellers Association.

The Nifty Bank index was trading 0.84 per cent up at 37985.25.

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Abhay Bhutada resigned from the non-banking finance company (NBFC) a day after the Securities and Exchange Board of India (Sebi) barred him from dealing in securities for allegedly using price sensitive information in trading in the shares of Magma Fincorp before it was acquired by the Poonawalla Group.

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