Get App
Market Opening - An Overview
Nifty futures on the Singapore Exchange were trading 0.23% higher at 18,062.5, signalling that Dalal Street was headed for a positive start on Thursday.
Asia Pacific markets traded higher on Thursday as investors digested Japan’s record trade deficit of $26 billion according to Refinitiv data that dates back to March 2006. Investors also digested a stronger than expected US retail sales report from Wall Street.Nikkei 225 rose 0.55 percent and the Topix inched up 0.44 percent. In South Korea, the Kospi rose 0.67 percent. In Australia, the S&P/ASX 200 opened 0.19 percent higher.
Indian rupee down 4 paise to 82.3 against the US dollar on Wednesday.
FII/DII Trading Data
Stocks in News Today
Jaiprakash Associates: The Competition Commission of India has approved the acquisition of clinker, cement & power plants of Jaiprakash Associates by Dalmia Cement (Bharat). Dalmia Cement (Bharat) is a wholly-owned subsidiary of Dalmia Bharat.
Ramco Systems: The company has signed digital transformation deal to automate and optimize business operations across the Philippine Airlines Group network. Ramco Aviation Suite is trusted by over 24,000 users to manage more than 4,000 aircraft globally.
Bharat Dynamics: The state-owned defense company has entered into 10 memoranda of understanding (MoUs) with several foreign and Indian companies during Aero India 2023. These 10 companies include Thales, EDGE Group entity AL Tariq (UAE), Bultexpro (Bulgaria), and Tamil Nadu Industrial Development Corporation.
Vedanta: The company has been declared as the preferred bidder for Sijimali Bauxite Block in Odisha, under the mineral block auction conducted by the Government of Odisha. The block is a strategic fit for Vedanta given its size, location, and bauxite quality. The block has an estimated reserves of 311 million tonnes of bauxite.
Patel Engineering: The company along with its joint venture partners has been declared as the L1 bidder for Rs 1,567 crore worth of projects in Madhya Pradesh and Maharashtra. The company’s share in these new orders is Rs 1,006 crore and these orders include the construction of a pressure irrigation system in MP. With this, the order book stands at Rs 16,809 crore.
Bharat Electronics: The Navratna defense PSU has signed an MoU with Goa Shipyard to address global market opportunities for the supply of products such as autonomous boats, and other systems/solutions based on artificial intelligence for Naval platforms.
InterGlobe Aviation: Shobha Gangwal, the wife of IndiGo co-promoter Rakesh Gangwal, will sell 4 percent shares in the aviation company via a block deal, reports CNBC TV18 citing sources. The block deal has been launched for 1.56 crore shares. The total deal size is Rs 2,930 crore.