We had mentioned in Monday’s closing report that Nifty, Sensex maybe starting a new uptrend. On Tuesday, the major indices were range bound and ended flat. On the NSE, there were 817 advances, 1,047 declines and 100 unchanged.
The trends of the major indices in the course of Tuesday’s trading are given in the table below:
BLS International Services won a contract from the Republic of Estonia to provide services with regards to issuance of digital ID to e-residents granted by the Estonian Police and Border Guard Board (PBGB) at 5 newly added locations.
Shree Cement approved setting up of a Clinker Unit at Baloda Bazar, Raipur in Chhattisgarh with capacity upto 12,000 tons/day for an investment of around Rs 1,000 crore.
Steel Strips Wheels received export orders for 9,000 wheels for EU trailer market.
Prime Focus may commence a private offering of USD 375 million in aggregate principal amount of senior secured notes due 2025.
Dr Lal PathLabs has decided to further expand current testing capacities with installation of additional high throughput machine, automatic systems, hiring of additional manpower and increased working hours to 24*7.
Ceat plans to raise up to Rs 500 crore via non-convertible debentures (NCDs).
Hindustan Zinc board approved allotment of redeemable, non-convertible debentures bearing a face value of Rs 10 lakh each, aggregating to Rs 3520 crore on private placement basis.
Kalpataru Power Transmission and its joint venture partner have completed 74% equity stake sale in Jhajjar KT Transco Pvt Ltd (JKTPL) to IndiGrid. KPTL has completed sale of about 37.78 percent of equity shares (which includes 1.32 percent equity shares held by KVPL and acquired by the Company), the filing said.
Makers Laboratories may acquire Resonance Specialties through negotiated deal either by way of open market purchase or through a share purchase agreement or both with willing sellers.
India Grid Trust has approved the induction of Esoteric II Pte. Ltd., an affiliate of KKR & Co. Inc as a sponsor with special majority. All regulatory approvals including the Board's assent are in place for Esoteric II 's induction as a co-sponsor.
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: