Fashion retailer Trent shares jumps over 3% ahead of Nifty rejig

Quick Summary:

The reason: indices tend to add stocks that have already experienced significant growth, leaving limited room for further upside.

Coal India, BPCL, SBI, Power Grid, ONGC, and NTPC are part of Nifty.

The stock also got a boost after chairman Noel Tata said in a newspaper interview that the company has potential to grow 10-fold from the current level.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Nifty Trent Fashion retailers Tata Trent Fashion retail brands in india

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 18:17:23 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 369 words

Reading Time: 3 minutes read

Sentences: 20 lines

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Copyright Owner: © Business Standard

News ID: 22208293

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