Jefferies reaffirmed a ‘buy’ rating on RIL (Reliance Industries Limited) with a target price of Rs 3,580. They foresee the possibility of Jio, RIL’s subsidiary, going public in calendar year 2025. According to Jefferies, choosing the IPO route could offer better control, although it would require significant retail participation to overcome the holdco discount.
Muhurat Trading Day: Sensex closed positive 8 of 10 times on this day
Muhurat trading during Diwali is seen as a symbol of new beginnings and prosperity. Investors believe that trades made during this time will bring good