Nifty, Sensex close below today’s low may mean further weakness – Thursday closing report
We had mentioned in previous week’s closing report that Nifty, Sensex were still trending up. On Thursday, the major indices faced a correction. On the NSE, there were 828 advances, 1,011 declines and 376 unchanged.
The trends of the major indices in the course of Thursday’s trading are given in the table below:
SpiceJet stock price rose after The US Federal Aviation Administration approved Boeing Co.’s 737 MAX jet again to fly after two fatal crashes that triggered two years of regulatory scrutiny and corporate upheaval.
TCS has fixed 28 November 2020 as the record date for the purpose of determining the entitlement and the names of the equity shareholders who shall be eligible to participate in the buyback.
GPT Infraprojects won a contract worth Rs 162.83 crore by the office of the Hooghly River Bridge Commissioners (HRBC), Transport Department, Government of West Bengal, Kolkata.
L&T Construction has secured another mega contract from the National High-Speed Rail Corporation Limited (NHSRCL) to construct 87.569 km of the Mumbai-Ahmedabad High Speed Rail (MAHSR) project. This order comes on the heels of the earlier one for the C4 Package of the project, involving the construction of a 237.1 km stretch.
Vedanta has put in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum for which a major foreign player is also said to be in the race.
ACC will divest its stake in National Limestone Company Private Limited, which is currently non operational, to N.G. Ghadiya Group for Rs. 20 crore.
Piramal Enterprises has asked the Committee of Creditors (CoC) of DHFL to reject Adani Properties' proposal to bid for the entire portfolio of the troubled non-banking finance company or it would withdraw from the process, sources told CNBC-TV18.
Hero MotoCorp sold more than 14 lakh units of motorcycles and scooters during the latest festive season.
GTPL Hathway sold its entire 61.5% stake in GTPL Space City Private Limited on November 18, 2020.
The Supreme Court asked power companies to file their submissions and suggestions on loan relief plea to the Reserve Bank of India (RBI) and the Centre.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below: