Gold, the precious metal has always been considered auspicious in India and gained popularity among Indians. But since last year, investors were much concerned to diversify their portfolios and took shelter under gold, as the gold rates were at all-time high levels. Gold import and export businesses also grew simultaneously.
Hotel stocks buzzed in trade on September 27, 2021 with majority of the counters ending in the green, gaining between 2-19.6 percent. EIH Associated Hotels topped the chart and ended sharply higher with gains of 19.6 percent, hitting fresh 52-week high in trade today of Rs. 433.65.
Early today (September 27, 2021) Prime Minister Narendra Modi launched the Ayushman Bharat Digital Mission (ABDM) with an aim to establish the "backbone necessary to support the integrated digital health infrastructure of the country.
As the name implies, a stock split occurs when the face value of a stock is reduced, resulting in a rise in the number of outstanding shares. A stock split is a basic event in which a firm adjusts the number of outstanding shares and the face value of those shares without affecting any other financial statement item.