Vedanta Limited shares jumped more than 3% to hit a record high near ₹795 after the board set May 1, 2026 as the record date for its massive five-way 1:1 demerger. Investors are betting the corporate split will unlock value by turning the conglomerate into multiple pure-play listed firms, boosting optimism around future growth.
State Bank of India shares extended their rally, climbing more than 9% over the past two days on the BSE and pushing the stock to a record high. The move translated into a staggering gain for investors, with wealth rising by about Rs 15,000 crore in just a short span—fueling fresh interest in the banking counter.
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