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PRE MARKET
Gift Nifty indicates a positive start for the broader index in India, with a gain of 29 points or 0.11 percent. The Nifty futures were trading around the 26,232 level.
US stocks rose on Tuesday, and the S&P 500 notched a closing record after a flurry of economic data that included a reading of economic growth, pushed bond yields higher, and elevated growth names.
The Dow Jones Industrial Average rose 79.73 points, or 0.16%, to 48,442.41, the S&P 500 gained 31.30 points, or 0.46%, to 6,909.79, and the Nasdaq Composite gained 133.02 points, or 0.57%, to 23,561.84.
Asian stocks advanced at the open after the S&P 500 Index climbed to a record, supported by data showing the US economy grew at its fastest pace in two years.
Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted went up 0.29, 0.38, and 0.18 percent, respectively.
STOCKS TODAY
Endurance Technologies
A cybersecurity incident occurred on the company’s IT infrastructure. Upon detection, the company took immediate steps to isolate the affected systems, and remediation measures have been initiated to contain and mitigate the impact of the incident. Based on the current assessment, there is no material impact on the core operations or financial position of the company.
Rail Vikas Nigam
Saleem Ahmad has been appointed as the Chairman and Managing Director of Rail Vikas Nigam, effective December 23. However, Sukhmal Chand Jain has ceased to be the Chairman and Managing Director of the company.
Godfrey Phillips India
The company has filed a claim with the insurance company (insurer) for Rs 344.49 crore against the loss caused by a fire at the tobacco processing plant and warehouse of a third party in Andhra Pradesh, where the company processes and stores its tobacco leaf inventory.
Ola Electric Mobility
The company’s subsidiary, Ola Electric Technologies, has received approval from its Board for the third tranche of allotment of 10 crore non-cumulative, non-participating, 0.001% Series A Optionally Convertible Redeemable Preference Shares (OCRPS), worth Rs 100 crore, to subsidiary Ola Cell Technologies, on a preferential basis through private placement.
Emcure Pharmaceuticals
The company has received the Establishment Inspection Report (EIR) from the US Food and Drug Administration (US FDA) for the inspection of its manufacturing facility at Lakhtar, Gujarat. The US FDA has classified the inspection as No Action Indicated (NAI).
GPT Infraprojects
The company has received an order worth Rs 199.2 crore from North Eastern Railway for the construction of substructures, including fabrication of superstructures and their launching, for important bridges over the River Rapti between Balrampur and Bahraich stations, in connection with the new line work between the Khalilabad–Bahraich section.
Source – Moneycontrol