With a sharp rally in the Reliance stock, the net worth of Mukesh Ambani, the chairman of Reliance Industries, jumped $6.7 billion on Monday to $111.1 billion, according to the Forbes Real-Time Billionaire list.
Provisioning for bad loans by banks fell in the September quarter for the second consecutive period based on year-on-year comparison driven by the public sector
Nifty opened positive but faced profit booking, closing at 23,519. Analysts expect support at 23,350 and resistance at 23,780, with increased volatility from geopolitical tensions.
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