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Market opening - An Overview
Nifty futures on Singapore Exchange traded 16.50points, or 0.10 per cent, Higher at 15,792 signaling that Dalal Street was headed likely to positive opening on Friday.
The Indian rupee traded 72.78 against the US currency on Thursday. amid selling seen in the domestic equity market
Shares in News today:
NHPC Limited: Consolidated Q4 net profit at Rs 464.60 crore against Rs 258.83 crore, YoY. The company board approved at the meeting held on June 10 the proposal for raising of debt up to Rs 4300 crore during financial year 2021-22 through issuance of bonds on private placement basis.
GOCL Corporation: The company along with IDL Explosives bagged orders worth an aggregate amount of Rs 286.63 crore to supply of Raydets, Electronic and other Detonators and Cartridge Explosives over a period of 2 years.
Godrej Properties: Godrej Projects Development, a wholly-owned subsidiary of the company has acquired 20 percent issued and paid-up share capital of Vagishwari Land Developers.
Yes Bank: The company board considered and approved seeking shareholders’ approval for borrowing/raising funds in Indian/foreign currency up to an amount of Rs 10,000 crore by issue of debt securities including but not limited to non-convertible debentures, bonds, Medium Term Note (MTN).
State Bank of India: The Bank could transfer bad loans worth Rs 20,000 crore to the National Asset Reconstruction Company. The said amount will be part of the Rs 89,000 crore from 22 accounts identified by banks to be transferred to the proposed NARC.