Will the FPO fund infusion solve Vodafone Idea’s problems?
Will a capital infusion of Rs 45,000 crore be enough for Vodafone Idea? Will the capital investment plan help in the turnaround of the company? Should existing and new investors invest in FPO? Watch this video to know-
Metal stocks were trading in the positive zone, with the S&P BSE Metal index rising 193.56 points or 1.38% at 14188.53 at 09:48 IST.
Among the components of the S&P BSE Metal index, Jindal Steel & Power Ltd (up 3.64%), JSW Steel Ltd (up 2.95%),Steel Authority of India Ltd (up 2.33%),Tata Steel Ltd (up 2.26%),NMDC Ltd (up 2.11%), were the top gainers. Among the other gainers were National Aluminium Company Ltd (up 1.96%), Hindustan Zinc Ltd (up 1.75%), Hindalco Industries Ltd (up 0.78%), and Coal India Ltd (up 0.46%).
On the other hand, Vedanta Ltd (down 0.79%), moved lower.
At 09:48 IST, the S&P BSE Sensex was up 393.52 or 0.77% at 51673.03.
The Nifty 50 index was up 126.05 points or 0.83% at 15300.85.
The S&P BSE Small-Cap index was up 203.53 points or 0.96% at 21383.78.
The S&P BSE 150 Midcap Index index was up 63.14 points or 0.9% at 7059.21.
On BSE,1615 shares were trading in green, 677 were trading in red and 139 were unchanged.
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