Published on 03/02/2026 10:59 AM
For ₹150 crore, Reliance Strategic Business Ventures Limited (RSBVL), a fully owned subsidiary of Reliance Industries Limited (RIL), purchased a 50.1% equity position in Sikhya Entertainment Private Limited (SEPL). A combination of main and secondary trades were used to execute the transaction on February 2.
The Kotak Services Fund is a new open-ended equity fund that Kotak Mahindra Asset Management Company (KMAMC) has introduced with an emphasis on India’s services industry. Subscriptions for the New Fund Offer (NFO) will be accepted starting on February 4 and ending on February 18.
Trade deal with US addresses Washington, asks to cut high Indian tariffs on sectors like Auto, says Govt Official
Sudarshan Sukhani, Proprietor, Technical Trends
Santanu Sengupta, Goldman Sachs
RMC Switchgears gets LoI worth ₹286 cr from Jaipur Vidyut Vitran Nigam
As the Nifty index surged further, with gains of over 700 points, these are the volume buzzer stocks.
From Reuters | India Official Says
US Secretary of Agriculture Brooke Rollins stated on Tuesday, February 3, that more American agricultural products will be exported to Indian markets as a result of the India-US free trade agreement (FTA).
Reliance leads the pack of top contributors, as the index surged over 700 points.
Following the announcement of a long-awaited trade agreement between India and the United States on Monday evening, textile equities, including those of Gokaldas Exports, Welspun Living, KPR Mill, and others, saw a 20% increase in early trading on Tuesday, February 3.
Under the Baggage Rules, 2026, which went into effect on February 2, 2026, the Indian government expanded duty-free limits for personal items, including jewellery made of gold and silver.
Silver back on the rise on COMEX & MCX. ETFs see buying after sharp falls last week
PBFintech bucks the trend in a strong market after CNBC-TV18 newsbreak on fundraising raise for acquisition purposes
Adani Group stocks rise up to 10% post India-US trade deal
Rupee further strengthens against US Dollar, now at 90.33
Nifty off opening highs, back below 25,700, frontline indices remain 2% higher each
Bharat Forge CMD B Kalyani speaks to CNBC-TV18, speaks to CNBC-TV18 reacting to the India-United States Trade Deal.
The MSCI EM Index has increased 4.7% over the past month, while the Nifty 50 has decreased 4.6%. Furthermore, it is said that foreign portfolio investors found themselves in the most pessimistic position on the Indian stock market since the pandemic.
All sectoral Indices trading in the green; Nifty realty, auto, chemical surge the most
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