Get App
Market opening - An Overview
Nifty futures on Singapore Exchange traded 31.20 points, or 0.20per cent, Lower at 15,800.80 signaling that Dalal Street was headed likely to have a negative opening on Wednesday.
The Indian rupee traded 74.54 against the US currency on Tuesday.
Shares in News today:
Tata Motors: The auto major issued an unexpected profit warning. Volumes at Jaguar Land Rover could come under a cloud for the rest of the current quarter due to supply shortages of semiconductors which has only become worse. Tata Motors has already lost 30,000 units in the June quarter only preceded by a loss of 7,000 units in the March quarter.
State Bank of India: The bank will auction two non-performing accounts (NPAs) next month to recover dues of over Rs 313 crore, according to a notice by the lender. The two accounts to be put up for e-auction on August 6 are Bhadreshwar Vidyut Pvt Ltd (BVPL) with a loan outstanding of Rs 262.73 crore and GOL Offshore Ltd with Rs 50.75 crore dues.
Dhani Services: BNP Paribas Arbitrage acquired 28 lakh equity shares in the company at Rs 174 per share on the NSE. However, Tamarind Capital Pte Ltd sold 69.85 lakh shares in the company at Rs 174.11 per share, the bulk deals data showed.
Titan Company: The company recorded revenue growth of around 117 percent (excluding bullion sales) in Q1FY22, with revenue contribution of approximately 50 percent, 10 percent and 40 percent coming from April, May and June months, respectively. Jewellery division in Q1FY22 grew by around 107 percent (excluding bullion sales), compared to last year
Rane Holdings: The company has acquired another 1,28,524 equity shares representing 7.71 percent equity shareholding in subsidiary Rane t4u (RT4U), for Rs 7,45,439 at Rs 5.80 per share from existing shareholders/other promoters of RT4U. The aggregate equity shareholding of the company in RT4U stands at 84.52 percent.