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PRE MARKET
Gift Nifty indicates a positive start for the broader index in India, with a gain of 90.5 points or 0.35 percent. The Nifty futures were trading around the 26,143.50 level.
US stocks ended a choppy session higher on Wednesday, bouncing off recent losses as technology stocks rose ahead of Nvidia’s quarterly results.
The Dow Jones Industrial Average rose 47.03 points, or +0.10%, to 46,138.77, the S&P 500 gained 24.84 points, or +0.38%, to 6,642.16, and the Nasdaq Composite advanced 131.38 points, or +0.59%, to 22,564.23.
A relief rally swept across Asian markets and lifted stocks in early trading on Thursday as investors cheered Nvidia’s market-topping earnings.
Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted went up 3.20, 0.1,9 and 2.89 percent, respectively.
STOCKS TODAY
NBCC (India)
The company has received an order worth Rs 2,966.1 crore from the Nagpur Metropolitan Region Development Authority for project management consultancy for the development of Naveen Nagpur under NMRDA – Phase 1.
JK Tyre and Industries
JK Tornel, S.A. de C.V., a subsidiary of the company, has agreed to sell 40 lakh equity shares of subsidiary Cavendish Industries to SMMS Trust for Rs 130.64 crore. Cavendish Industries will continue to remain a subsidiary of the company despite the sale of these shares by JK Tornel.
Info Edge (India)
Chintan Thakkar will cease to be the Whole-time Director and Chief Financial Officer of the company’s Board of Directors, effective November 19. Ambarish Raghuvanshi will take over as the Interim Chief Financial Officer effective November 20 until the appointment of a new CFO.
Reliance Power
The Board of Directors has approved the constitution of a Board of Management (BOM), comprising the CEO, Key Managerial Personnel, and senior business leaders of the company, to enable stronger governance, sharper oversight mechanisms, and a more agile and future-ready organisation.
SpiceJet
The Board has allotted 83,34,091 equity shares (0.55% of paid-up equity) at Rs 42.32 per share on a preferential basis under the non-promoter category to aircraft lessor GASL Aviation Holdings, after conversion of its outstanding dues amounting to $4 million.
Source – Moneycontrol