Market Opening - An Overview
Nifty futures on the Singapore Exchange were trading 0.14 per cent higher at 17,372.50, signalling that Dalal Street was headed for a positive start on Wednesday.
Asian stocks rose on Wednesday as traders weighed the prospect of easing geopolitical tension between Ukraine and Russia after the latter said it was withdrawing some forces. Nikkei was jumped 2.1%, Topix climbed 1.55%, Hang Seng rose 1.29% and CSI 300 gained 0.66%.
Indian rupee rose 28 paise to 75.33 against the US dollar on Tuesday.
The initial public offering (IPO) of Vedant Fashions will make its debut on exchanges on February 16.
FII/DII Trading Data (15-02-2022)
Category | Buy Value | Sell Value | Net Value |
FII/FPI | 6353.59 | 8652.35 | (2298.76) |
DII | 8739.16 | 4327.56 | 4411.6 |
*All numbers are in INR crore |
Stocks in News Today
Future Retail: The Supreme Court has allowed Future Retail to move the Delhi High Court for seeking continuation of its merger proceedings with Reliance Retail before the National Company Law Tribunal (NCLT). It also asked the High Court to give orders uninfluenced by any observations of the Supreme Court. Meanwhile, the High Court has listed the hearing of four cases in the legal battle between Future Group and e-commerce major Amazon on February 24.
YES Bank: The private-sector lender has launched a programme for digital financing solutions in the food and agriculture sector under its start-up enabler initiative. It will also infuse equity capital in select ventures under this initiative. Through the start-up enabler programme, ‘Yes Bank Agri Infinity’, the bank seeks to co-develop digital financial solutions for the food and agriculture ecosystem by mentoring entrepreneurial ventures in this field.
IndiGO (InterGlobe Aviation): The airline has chosen NAVBLUE, an Airbus Services company, to upgrade navigation technology in some of its A320 planes. This will help pilots to navigate challenging airspaces with more precision and predictability. NAVBLUE is into flight operations and air traffic management solutions.
RailTel Corporation of India Limited: The public-sector company said its consolidated income rose 24.38 QoQ to Rs 474.15 crore in Q3FY22. Profit after tax (PAT) during Q3FY22 was Rs 66.01 crore on a consolidated basis.
Infosys: The company’s business process management arm has announced plans to hire 400 skilled customer services workers in Costa Rica. The announcement is part of Infosys BPM’s strategy to enhance its portfolio of international clients and overall business growth.