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Indian equity indices closed marginally lower note on amid rangebound activity. At close, the Sensex fell 118.96 points or 0.15 percent to 81,785.74, and the Nifty fell 44.80 points or 0.18 percent to 25,069.20.BSE Midcap index up 0.5 percent and smallcap index up 0.7 percent. Sector-wise, Consumer Durables, auto, IT, pharma declined 0.3-0.6%, while capital goods, realty, power, telecom index rose 0.5-2.5%.
Indian rupee closed higher at 88.21 against the dollar on Monday compared to Friday’s close at 88.27.
Stock in News Today
Shakti Pumps India: The firm has secured its second order of Rs 374.41 crore from (MSEDC) for the supply of 12,451 off-grid solar water pumps.
This way, a total of 22,451 off-grid DC solar photovoltaic water pumps have been booked under two tranches, bringing the total order value to Rs 616.30 crore
Adani Power: The firm has entered into a Power Supply Agreement with Bihar State Power Generation Company for the supply of 2,400 MW of power from a greenfield ultra-supercritical facility to be installed at Pirpainti, Bihar.
SRF: The company has signed a Memorandum of Understanding (MoU) with Tata Steel Special Economic Zone for land acquisition by way of sub-lease at Gopalpur, District Ganjam in the State of Orissa, for establishment of different projects by the Chemicals Business.
Ola Electric: The Ola Electric Mobility shares surged over 3 percent on September 15 after the electric scooter-maker has made a claim of about Rs 400 crore under the government’s Production Linked Incentive (PLI) scheme for FY25 for the automobile and auto components industry.
STL Networks: Invenia-STL Networks has won a huge order of over ~Rs 360 crore from PowerGrid Teleservices Limited (PowerTel),
an entirely owned subsidiary of the Power Grid Corporation of India Limited (PGCIL).
Pine Labs, Hero Motors, Orkla India, Emmwee Photovoltaic Power, and Canara Robeco Asset Management Company have been cleared by the SEBI, to raise capital through initial public offerings (IPOs)
Source: Moneycontrol, Economic Times