Nifty indicate a negative start for the broader index - Arete Securities
The markets are expected to open marginally lower today as trends in GIFT Nifty indicate a negative start for the broader index after Nifty closed 40 points higher at 22,378.4 on Saturday.
One 97 Communications:
Paytm Payments Bank has been fined Rs 5.49 crore by the Financial Intelligence Unit of India for breaching its obligations under the Prevention of Money Laundering Act, 2002.
Asian Paints:
Company plans to establish a new water-based paint manufacturing facility in Madhya Pradesh, with an annual capacity of 4 lakhs KL, involving an investment of approximately Rs 2,000 crore.
Axis Bank:
Company has given the green light to raise Rs 4,000 crore through debt instruments, featuring a base issue size of Rs 1,000 crore and a green shoe option of Rs 3,000 crore.
Jio Financial Services:
JFS was the sole addition to the S&P BSE Large Cap index, as announced by the Bombay Stock Exchange during its periodic reconstitution of S&P BSE Indices.
Welspun Corp:
Company has outlined plans to establish a manufacturing plant for plastic pipes and water storage tanks in Madhya Pradesh, with a proposed investment totaling Rs 400 crore.
FSN E-Commerce Ventures:
Company extended its global presence by inaugurating Nysaa, the inaugural beauty retail store in Dubai, through a partnership with Apparel Group.
VI:
Tanla Platforms and Vodafone Idea Business Services Ltd. have entered into a definitive Memorandum of Understanding for the deployment of 'Messaging as a platform' in India.
Torrent Power:
Company has secured an order worth Rs 2,700 crore from Railway Energy Management for the installation of approximately 325 MW of renewable energy capacity.
Angel One:
Company has partnered with a team of experienced wealth managers to spearhead its technology-driven omnichannel wealth management operations.
Rainbow Children's Medicare:
Company has opened an 80-bed hospital in Tamil Nadu, bringing the company's total bed capacity to 1,885 beds. The project's total cost amounts to Rs 60 crore.
PVR Inox:
The company opened a 4-screen multiplex in Patna and a 14-screen multiplex in Pune.
Vimta Labs:
Company has been awarded a grant of Rs 4.1 crore from the Government of India to enhance its food testing laboratory.
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Daily Market Commentary : Nifty ended marginally higher at 23,813 (+0.3%), amid subdued volu...