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Market opening - An Overview
Nifty futures on Singapore Exchange traded 65.50 points, or 0.41 per cent, Lower at 15,802.50 signaling that Dalal Street was headed likely to have a negative opening on Tuesday.
The Indian rupee traded 74.36 against the US currency on Monday.
Shares in News today:
Maruti Suzuki India: The company produced 1,65,576 units in June 2021, against 50,742 units in June 2020. Production in June 2020 was far from normal owing to Covid-19 related lockdowns and disruptions.
Apex Frozen Foods: Navodya Enterprises acquired 2 lakh equity shares in the company at Rs 367.68 per share, and SPV Traders bought 1,79,627 equity shares in the company at Rs 394.87 per share on the NSE, the bulk deals data showed.
Force Motors: The company announced production of 1,757 units of commercial vehicles, utility vehicles and tractors in June 2021, and sales of 1,925 units in June 2021.
NMDC: The Government of India, the promoter, proposed to sell up to 11,72,24,234 equity shares in NMDC (representing 4 percent of the total paid-up equity), with an option to additionally sell 10,22,78,144 equity shares (3.49 percent) in case of oversubscription, via offer for sale, on July 6-7. The floor price for the Offer shall be Rs 165 per share.