Overview
- PTI data show Reliance Industries’ market value crossed ₹20.11 lakh crore, delivering about ₹47,431 crore in investor gains over five sessions, even as several other index heavyweights lost value last week.
- Indian benchmarks opened weaker on Nov 3, with the Sensex dropping more than 240 points shortly after the bell and most large-cap constituents trading lower.
- Kellton Tech’s board cleared up to $40 million (about ₹334 crore) in FCCBs, while Paisalo Digital set a Nov 6 committee meeting to consider private-placement NCDs, including two proposed series at 8.45% (2-year) and 8.50% (3-year).
- Blue Cloud Softech signed a $9.63 million agreement with U.S. defence firm Axiom Vortex to deploy EDR and AI-agentic perimeter security systems across defence sites in Africa and the Middle East over 15 months.
- Upcoming catalysts include Excel Realty N Infra’s Nov 11 board meeting on capital-raising options and corporate changes, Krishival Foods’ purchase of a Kolhapur industrial property and its Nov 11 results meeting, and LIC Mutual Fund’s Consumption Fund NFO opening on Nov 14.