Market opening - An Overview
Nifty futures on Singapore Exchange traded 14.50 points, or 0.40 per cent, Higher at 15,710.00 signaling that Dalal Street was headed likely to positive opening on Thursday.
The Indian rupee traded 74.20 against the US currency on Wednesday.
Shares in News today:
Apollo Hospitals: Apollo Hospitals announced creation of India’s largest omni-channel digital health platform by merging its online, offline pharmacy and tele-medicine verticals into a single entity called Apollo HealthCo. Apollo said that the offline pharmacy business will continue to grow to 5,000 stores and maintain a healthy revenue growth rate of 18-20 percent in the next 3 years.
Nureca: Hornbill Orchid India Fund bought 1,95,766 equity shares in Nureca at Rs 1,549.97 per share on the BSE, the bulk deals data showed.
Starlog Enterprises: Subrata Kumar Sao acquired 2,07,000 equity shares in the company at Rs 11.82, whereas Eastspring Investments India Infrastructure Equity Open sold 3,17,431 equity shares at Rs 11.43 per share on the BSE, the bulk deals data showed.
United Breweries: Heineken International BV acquired 3,96,44,346 equity shares in UBL at Rs 1,471.25 per share. Meanwhile, Recovery Officer I DRT II was the seller in a deal on the BSE, the bulk deals data showed.
Sharda Motor Industries: The company reported higher consolidated profit at Rs 25.91 crore in Q4FY21 against Rs 6.19 crore in Q4FY20, revenue jumped to Rs 604.16 crore from Rs 237.07 crore YoY.