Overview
- After a volatile Monday, the Sensex and Nifty opened soft on Tuesday as global markets fell, with Monday’s session swinging from early losses to a modest green close.
- Reliance Industries’ valuation topped ₹20 lakh crore last week, adding about ₹47,431 crore in investor wealth over five sessions.
- Kellton Tech’s board cleared up to $40 million in FCCBs, MIC Electronics set a Nov 5 board meeting to consider QIP/FCCBs or other routes and disclosed BWR BB/Stable and A4+ ratings, and Paisalo Digital scheduled Nov 6 to weigh private-placement NCDs.
- Blue Cloud Softech announced a $9.63 million agreement with U.S.-based Axiom Vortex to deploy EDR and AI‑agentic perimeter security for defence clients across Africa and the Middle East over 15 months.
- Fineotex Chemical completed a 1:2 stock split and allotted 91,66,00,720 bonus shares in a 4:1 issue as the stock jumped about 15%, and LIC Mutual Fund set its Consumption Fund NFO for Nov 14–25.