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PRE MARKET
Gift Nifty indicates a positive start for the broader index in India, with a gain of 236.50 points or 0.94 percent. The Nifty futures were trading aroundthe 25,214.50 level.
The US markets ended with a nearly one percent gain on Monday.
The Dow Jones Industrial Average rose 202.41 points, or 0.48%, to 42,784.19, the S&P 500 was up by 57.33 points, or 0.96%, to 6,025.17, and the Nasdaq Composite also gained 183.56 points, or 0.94%, to 19,630.97.
Asian markets were trading higher on Tuesday after US President Donald Trump announced that Iran and Israel had agreed to a ceasefire.
Japan’s Nikkei went up 1.05 percent, the Taiwanese Index increased a notable 1.92 percent, and the Hong Kong Hang Seng also increased 1.38 percent.
STOCKS TODAY
HG Infra Engineering
Military Engineer Services (MES) in Maharashtra has declared the company the lowest bidder for the creation of an integrated material handling facility at the Naval Dockyard in Mumbai. The project’s value is Rs 117.77 crore.
Garware Technical Fibres
The company, through its wholly-owned UK-based subsidiary, Garware Technical Fibres UK, has entered into a definitive Share Purchase Agreement (SPA) to acquire Offshore & Trawl Supply AS (OTS), a Norway-based provider of advanced synthetic cordage solutions for the offshore oil and gas, aquaculture, marine, and commercial fishing industries.
Saurashtra Cement
After the resignation of Pradeep Mehta as the Chief Financial Officer, the Board has approved the appointment of Rakesh H Mehta as the Chief Financial Officer for an interim period effective July 26, till another CFO joins the office. Rakesh H Mehta is currently working as a finance consultant in the company.
JSW Energy
The company’s proposal for the settlement of debt of KSK Water Infrastructures has been approved by the Committee of Creditors (CoC) and accordingly, the CoC has approved the withdrawal of the insolvency resolution process of KSK Water Infrastructures. The closure of the transaction will be subject to the receipt of approval of withdrawal by the National Company Law Tribunal.
Source – Moneycontrol