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PRE MARKET
Gift Nifty indicates a positive start for the broader index in India, with a gain of 76.5 points or 0.30 percent. The Nifty futures were trading around the 25,160.50 level.
The S&P 500 eked out a record-high close on Tuesday, following steep losses in General Motors and a gain in Tesla as investors focused on recent and upcoming quarterly reports and watched for signs of progress in U.S. trade discussions.
The S&P 500 climbed 0.06% to end the session at 6,309.62 points. The Nasdaq declined 0.39% to 20,892.69 points, while the Dow Jones Industrial Average rose 0.40% to 44,502.44 points.
Asian markets on Wednesday after President Donald Trump announced a trade deal with Japan and fuelled hopes of more to come, tempering the disappointment from U.S. earnings that highlighted the drag from higher tariffs.
Japan’s Nikkei went up a notable 2.74 percent, Hong Kong’s Hang Seng and the Taiwanese weighted index also went up 0.73 and 0.89 percent.
STOCKS TODAY
Inox Wind
Inox Wind shares will remain in focus on July 23 following a 51 MW order win from First Energy. The company has bagged a 51 MW order from First Energy (FEPL) for the supply of the company’s 3 MW class turbines, having a 140-meter hub height and rotor diameter of 145 meters. FEPL will set up these turbines at its project site being developed in Tamil Nadu.
Veranda Learning Solutions
The company has raised Rs 357.4 crore via the allotment of 1.58 crore shares to several qualified institutional buyers at Rs 225.2 per share. Trust Mutual Fund, Authum Investment and Infrastructure, Necta Bloom, Saint Capital Fund, and Resonance Opportunities Fund were among the investors in the qualified institutional placement that closed on July 22.
Kirloskar Ferrous Industries
The company has been declared the preferred bidder in the auction conducted on January 27 this year for the Jambunatha iron ore mine.
Alpex Solar
The company has received a work order for the supply of solar modules amounting to Rs 230 crore from a leading industry player.
Indegene
Neeraj Bharadwaj has resigned from the position of Non-Executive, Non-Independent Director of the company with immediate effect, following the exit of CA Dawn Investments.
Source – Moneycontrol