SGX Nifty is down by 101 points in the early morning trade, indicating a gap down opening for Indian stock market.
The Nikkei 225 in Japan is down 1.20 percent, South Korea’s Kospi declined by 0.66 percent and Hong Kong’s Hang Seng is up 0.44 in early morning deals.
Wall Street key benchmark indices finished lower on rising global recession fears and FedEx Corporation’s warning on weak earnings. Dow Jones lost 0.56 per cent, Nasdaq nosedived 1.43 per cent, S&P 500 dipped 1.13 per cent on Thursday.
Other global stock markets were mixed on Thursday as the likelihood of a further jump in global borrowing costs, including a possible 100 basis point U.S. rate hike next week, kept the bears on the prowl.
?Tata Power subsidiary Tata Power Solar Systems has received contract worth Rs 612 crore to set up 100 MW ground mounted project for SJVN in Gujarat. The project will get commissioned within 11 months from the date of receiving the letter of award.
?UPL the agrochemical company in joint venture with CleanMax Enviro Energy Solutions, a Mumbai-based renewable energy company, to establish a hybrid solar-wind energy power plant in Gujarat. The joint venture will set-up and operate a hybrid captive power plant with a capacity of 28.05 MW of solar power and 33 MW of wind power.
?Plenty Private Equity FII I sold 7,62,499 equity shares (1.24 percent stake) in PVR via open market transactions at an average price of Rs 1,877.14 per share, and Plenty Private Equity Fund I offloaded 10,76,259 shares (1.76 percent stake)
?MTAR Technologies has received orders worth about Rs 540 crore in clean energy segment including civil nuclear power.
?Investor Pioneer Investment Fund has sold 3.98 lakh equity shares or 0.2 percent stake in the company via open market transactions on September 14-15. With this, its shareholding in the company stands reduced to 2.44 percent, up from 2.64 percent earlier.
?Foreign institutional investors (FIIs) have net sold shares worth Rs 1,270.68 crore, whereas domestic institutional investors (DIIs) net offloaded shares worth Rs 928.86 crore on September 15, as per provisional data available on the NSE.
EMERGING | LATEST | % 1D |
Hang Seng | 18,930 | 0.4 % |
Shanghai Composite | 3,200 | (1.2) % |
DEVELOPED | LATEST | % 1D |
Dow Jones | 30,962 | (0.6) % |
DAX | 12,957 | (0.6) % |
FTSE 100 | 7,282 | 0.1 % |
Nikkei | 27,876 | 0.2 % |
Straits Times | 3,268 | 0.3 % |
This Diwali, we present a portfolio that reflect both sector-specific and stock-specific opportunities. With 2…
Thank you for showing interest in taking a BTST position using our Delivery Plus product.…
Thank you for showing interest in the consultation on trading strategies!Our expert will reach out…
Even if you are a new participant in the stock market, the process of buying…
A company’s debt position can be gauged using the interest coverage ratio or ICR. This…
Muhurat Trading, a cherished tradition in the Indian stock market, takes place on Diwali, the…