Good Afternoon
NIFTY 50 has opened positive and currently trading 0.8% higher at 22,161
Top gainer: Adani Ports : 1,341 ▲ 37 (+2.8%)
Top loser: Britannia : 4,910 ▼ 51 (-1.0%)
LT rises 1.5% as board approves fundraising approval
Larsen & Toubro shares rose nearly 1.5% as board approved fund raising worth ₹7500 crore through external commercial borrowings, term loans, non-convertible debentures or any other instruments. In separate exchange filing, the company’s building & factories vertical won large orders in domestic and international markets worth ₹2,500 to ₹5,000 crore.
CDSL trades lower on Standard Chartered Bank’s stale sale
According to the media reports, Standard Chartered Bank plans to sell its entire 7.1% stake in one of the largest depository companies in India.
Cipla and Sanofi India announce partnership
The two companies have announced a partnership for the distribution of Sanofi India’s six central nervous system (CNS) products in India…
Adani Power rises 4% on acquisition of Amarkantak Power
The company has received approval from the Competition Commission of India (CCI) for a 100% acquisition of Amarkantak Power.