Today’s top morning headlines - 28th February 2024

Good afternoon

NIFTY 50 is trading negative after making a new all time high at 22,297 and is currently hovering around 22,000 levels.

Top gainer: INFY: 1,669 ▲ 5 (+0.3%)
Top loser: SBIN: 6,378 ▼ 241 (-3.6%)

:star: Torrent Power gains on foray into transmission business
The company bagged a project for the evacuation of power and setting up a transmission line of around 44 km from the existing Solapur substation.

:star: Juniper Hotels shares surge post debut
Shares of the hospitality player made their debut on the exchanges, listing 1% higher than the issue price of ₹360 per share. However, after the tepid debut, shares have moved up and are up 10% currently.

:star: Arbitration Tribunal passes consent award of ₹218 crore Common Wealth Games Project case in favour of Ahluwalia Contracts
The Arbitration Tribunal has passed the consent award of Common Wealth Games Village Project worth ₹218 crore in favour of Ahluwalia Contracts.

:star:Patanjali Foods shares crack 4% after SC’s contempt notice
Shares of FMCG player Patanjali Foods dropped 4% on the NSE a day after the Supreme Court (SC) issued notices to Baba Ramdev and Acharya Balakrishnan and asked why contempt proceedings should not be initiated against them for violating its orders. Patanjali Ayurved has been restrained from advertising and marketing the products meant to cure ailments-disorders till further orders.