Today’s top morning headlines - 29th September 2023

Good morning,

Markets are trading in the green with the NIFTY50 trading near the 19,600 level, as of 11:00 am Here are the top stories for the day!

:star: Larsen & Toubro climbs on ₹7,000 crore order win
Shares of the construction company rose around 1.5% intraday. The company has won an order worth ₹7,000 crore from the Mumbai Metropolitan Region Development Authority (MMRDA) to make an underground road tunnel in Mumbai.

:star: Godrej Properties gains after land deal
Shares of the real estate developer gained around 2% intraday, after it announced its new project in Nagpur. The company has acquired 109 acres of land in the city. The project is expected to have a saleable area of about 2.2 million square feet.

:star: MCX shares fall 8% as new platform launch delayed
The shares of the commodity exchange dropped more than 8% intraday. This came after SEBI put a temporary hold on the launch of the commodity derivatives platform. The platform, made by TCS, was to launch on October 3, but now it is suspended till SEBI’s approval.

:star: Likhitha Infrastructure gains on order win
The shares of oil & gas pipeline firm rose over 2.4% intraday after the company announced that it has received an order worth ₹155.9 crore from BPCL. The order involves pipeline laying and HDD works for the Krishnapatnam-Hyderabad Multi Product Pipeline (KHPL) project.