Market Opening - An Overview
SGX Nifty futures were trading 0.52% higher at 17160, signalling Dalal Street was headed for a positive start on Friday.
Most Asian shares were steady as hopes of an economic recovery overweighed fears emanating from Omicron variant of the coronavirus. Japan’s Nikkei was up 0.11%, Topix was flat, Hang Seng rose 0.19% and CSI 300 fell 0.65%.
Indian rupee rose 32 paise to 75.24 against the US dollar on Thursday.
FII/DII Trading Data on Thursday (23-12-2021)
Category | Buy Value | Sell Value | Net Value |
FII/FPI | 5415.35 | 5686.94 | (271.59) |
DII | 5280.2 | 4083.72 | 1196.48 |
*All numbers are in INR crore |
Stocks in News Today
IndiGo: The low-cost airline has appointed Emirates former executive Neetan Chopra as its chief digital and information officer (CDIO), effective January 3. Chopra will be responsible for all aspects of IndiGo’s information technology and systems, processes, and organisation, with a strong focus on attracting, retaining, and developing key IT and digital talents, the airline said in a statement.
Indian Oil Corporation (IOC): The state-run oil refiner said that it will invest Rs 9,028 crore for setting up a new crude oil pipeline system with a nameplate capacity of 17.5 mmtpa from Mundra to Panipat. IOC will also build nine crude oil tanks of 60,000 KL (kilo litres) each at Mundra, which, apart from meeting operational requirements, would also help in enhancing crude oil storage capacity in the country.
REC: The public-sector enterprise has inked a pact with KfW Development Bank to avail a loan of $169.5 million for the power finance sector and renewable energy projects. The company in a statement said that the loan will be used for part-financing of innovative solar PV technology-based power generation projects in India at competitive interest rates.
Ashok Leyland: The company announced that it has launched a new truck called AVTR 3120. The launch of the three-axle 6×2 Dual Tyre Lift Axle (DTLA) truck makes Ashok Leyland the first and only player in the country to have a full range of dual tyre lift axle (DTLA) truck range: having 31T, 40.5T, and 47.5T GVW nodes, said the company.
Carborundum Universal Limited (CUMI): The German unit of the company has entered into an asset purchase agreement to acquire the assets of Awuko, a major player in abrasives, for 6.01 million euro. Under the deal, CUMI will acquire land, building, plant and machinery, fixed assets, leased assets, brands and trademarks, patents, technical knowhow and other intangible assets of the company.