Reliance Power shares saw a significant jump on Friday, October 10, driven by renewed buying interest and high trading volumes. This surge occurred despite the company receiving Show Cause Notices from SEBI concerning CLE Private Limited. Earlier, Reliance Power reported a profit in Q1 FY26, a positive shift from a loss last year.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise