Post RIL AGM, here is the market closing view from Santosh Meena, Head of Research, Swastika Investmart Ltd.
The AGM held by Reliance was largely uneventful for the market. The key highlight was the succession plan. However, the company’s stock experienced a decline due to the absence of clear timelines regarding the telecom and retail IPOs. Presently, the market’s attention is shifting towards the global scenario, which exhibits some degree of stability. Nonetheless, lingering uncertainties on a global scale, particularly stemming from developments involving the US and China, continue to influence market sentiment.Read more:
- Share Market Highlights 28 August 2023: Benchmark indices rebound; Sensex surges 110 pts, Nifty ends above 19,300 - The Hindu Business line
- Nifty may find trend-decider at 19,350 points, crucial support at 19,200–19,180: Experts - Money Control
- RIL shares settle lower after 46th AGM. Here's why - Business Today
- Equity Markets Bounce Back After 2 Days of Decline on Firm Global Trends - News18
- Closing bell: Sensex gains 110 points to settle at 64,996, Nifty at 19,306; Reliance Industries shares close 1.38% down - Hindustan Times
- Markets rebound after two days of decline, Sensex climbs 110 pts - Millennium Post
- Markets bounce back after two days of decline on firm global trends - The Week
