Kolkata-based jewellery retail giant Senco Gold Limited has successfully raised Rs 459 crore through a Qualified Institutions Placement (QIP), allocating 40.8 lakh equity shares at Rs 1,125 each.

Motilal Oswal Financial Services reaffirms its “BUY” recommendation for Senco Gold (NSE: SENCO) with an upgraded price target of Rs.

Indian stock markets opened positive on Friday but the markets are facing resistance for NSE Nifty at 19550 levels. Indian markets are also getting support from positive global market trends.