Nifty View:
SGX Nifty indicates a negative opening for Nifty.
Global Markets are indicating a Mixed bias.
34 of Nifty 50 stocks had closed in Green last day. Foreign institutional investors (FIIs) and domestic institutional investors (DIIs) were net Sellers worth Rs 1303 and 373 crores respectively.
Key support to Nifty is placed at 17,730 followed by 17,600. Important resistance at 17,950 followed by 18,040.
Stock In News:
Bharti Airtel &Vodafone Idea: Move to TDSAT Against Dot Penalty Demand Of Rs 1,050 Crore
Central Depository Services (India): Accorded Its In Principle Approval For Divestment Of Stake Of CDSL In CDSL IFSC Ltd
Adani Green Energy: Total Operational Capacity nearly doubled to 5,410 MW on YoY basis. Sale of Energy up by 61% YoY
Rane (Madras): Acquires Steering Components Business Of Hical Group
Tata Motors: Tata Motors Group global wholesales in Q2 FY22, including Jaguar Land Rover, were at 2,51,689 units, up 24% year-on-year
Reliance Capital: Says Discussed Various Matters Relating To Resolution Of Debt And Decided To Meet Again On Monday, Nov 01, 2021, To Consider Various Alternative Proposals In The Best Interest Of All Its Stakeholders
Ujjivan Small Finance Bank: Total deposits up 31% year-on-year at Rs 14,090 crore in Q2 FY22 compared to Rs 10,743 crore last year. CASA Ratio at 22% compared to 16% YoY
Standard Surfactants Limited board to consider preferential allotment
Goldstone Technologies Ltd allots 1,58,00,000 Equity Shares on Preferential Basis
Welspun Corp first company from India to join the H2Pipe Joint Industry Project on Hydrogen Pipelines
PI Industries: The company has executed two joint venture agreements with Polymath Holdings, LLC for undertaking the business of manufacturing and selling the products for biochemistry processes and biochemical-enabled pharmaceutical intermediates.
Sharika Enterprises Ltd receives contract valued at Rs. 42.10 crore
Zee Entertainment Enterprises:
In an open letter to the Zee Entertainment's shareholders, Invesco Fund has raised questions regarding its management, governance and value destruction.
TVS Group stocks: Competition Commission of India has approved internal restructuring of TVS Group
HCL Technologies: The company has partnered with Google Cloud to launch healthcare and life sciences solutions for customers
Indian Overseas Bank is now Integrated with TN Govt for all Treasury collections
Schaeffler India: Board of Directors will consider subdivision of equity shares on October 28
