Nifty closed 173 points higher at 22,011.95 on Thursday - ARETE Securities Ltd
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The markets are expected to open marginally higher today as trends in GIFT Nifty indicate a positive start for the broader index after Nifty closed 173 points higher at 22,011.95 on Thursday.
Muthoot Finance:
The firm has secured an additional 4.48% interest in its subsidiary Belstar Microfinance for a consideration of Rs 300 crore, elevating its aggregate holding to 63.50%.
Wipro:
The firm has established a new venture, ‘SDVerse’, in collaboration with General Motors and Magna International.
Reliance Power:
The corporation has fulfilled all its dues concerning its loans from DBS Bank India, thereby releasing the 45 MW wind power project’s assets from any liens.
Mazagon Dock:
The company has entered into a 29-year lease agreement with the Mumbai Port Authority for land and building, costing Rs 354 crore.
Tata Chemicals:
The firm has been ordered by the income tax department to pay a penalty amounting to Rs 103.6 crore.
Tata Communications:
The board has sanctioned a deal to segregate a new edged digital services division at a cost of Rs 458 crore.
Prestige Estates:
The subsidiary has procured 62.5 acres in the NCR for Rs 468 crore, aimed at developing an integrated township.
Star Housing Finance:
The firm has initiated a co-lending alliance with Tata Capital Housing Finance to support 5000 EWS/LIG segment home buyers in the initial phase.
Life Insurance Corp:
The corporation has raised its shareholding in LTIMindtree from 4.99% to 5.03%.
Bharat Dynamics:
The company has sanctioned a stock split, dividing each share into two.
Jindal Saw:
The company has received NCLT approval for the amalgamation scheme involving Jindal Quality Tubular, Jindal Tubular (India), and Jindal Fittings.
Please refer disclaimer at http://www.aretesecurities.com/
SEBI Regn. No.: INM000012740
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