PRE MARKET
Gift Nifty indicates a flat to positive start for the broader index in India, with a gain of 33.50 points or 0.13 percent. The Nifty futures were trading around the 26,003 level.
Wall Street ended mixed on Thursday, as Nvidia and other technology stocks dipped, while defense companies advanced after President Donald Trump called for an enlarged $1.5 trillion military budget.
The S&P 500 climbed 0.01% to end the session at 6,921.45 points. The Nasdaq declined 0.44% to 23,480.02 points, while the Dow Jones Industrial Average rose 0.55% to 49,266.11 points.
Asian equities swung between modest gains and losses, with investors bracing for Friday’s US payrolls report and a possible Supreme Court ruling on President Donald Trump’s tariffs.
Japan’s Nikkei and Hong Kong’s Hang Seng went up 1.13 percent and 0.24 percent respectively, while the Taiwanese weighted index slipped -0.34 percent.
STOCKS TODAY
Astra Microwave Products
Astra Rafael Comsys, the joint venture company, has received an order worth Rs 275.27 crore from the Indian Air Force for the integration of Software Defined Radio (SDR) on MiG-29 aircraft, installation of Network Centric Application (NCO) on MiG-29 aircraft, and procurement of 24 SDRs for LCA Mk-1A aircraft.
Waaree Renewable Technologies
The company has received a Letter of Award for a revised project capacity of 704 MWac / 1,000 MWp. The commercial order value has been reduced from Rs 1,252.43 crore to Rs 1,039.60 crore, resulting in a reduction of Rs 212.83 crore. All other terms of the project remain unchanged.
Andhra Cements
Promoter Sagar Cements will sell up to 75 lakh equity shares of Andhra Cements (representing 8.14% of the total paid-up equity) via an offer-for-sale from January 9–12 to comply with minimum public shareholding norms. The floor price for the offer has been fixed at Rs 72 per share.
Prestige Estates Projects
Prestige Group, through Canopy Living LLP, a joint venture between Prestige Estates Projects and Arihant Foundations & Housing, has signed an Agreement to Sell for the purchase of a land parcel measuring 16.381 acres at Padi, Chennai.
Devyani International
The company’s subsidiary, Sky Gate Hospitality, has completed the sale of its entire 51% equity stake in Peanutbutter and Jelly to Heritage Foods. Consequently, Peanutbutter and Jelly has ceased to be a subsidiary of Sky Gate Hospitality and a step-down subsidiary of the company with immediate effect.
Source – Moneycontrol




