The Markets are expected to open higher today as trend in GIFT nifty indicate a positive start - ARETE Securities Ltd
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The Markets are expected to open higher today as trend in GIFT nifty indicate a positive start for the broader index after Nifty closed 134 points higher at 20,267 on Friday.
Hindustan Unilever:
The company decided to split its beauty and personal care business into two separate divisions in an effort to increase focus on these high?growth segments amid rising competition from new?age brands.
GAIL:
The company filed a claim over the non?supply of LNG cargoes by SEFE Marketing and Trading Singapore worth $1.817 billion in the London Court of International Arbitration.
Adani Group stocks:
The conglomerate will spend Rs 7 lakh crore in capital expenditure over the next 10 years, its CFO said. Six infra businesses—from power and ports to airports—will be tapping the bond market to raise funds.
Tata Power:
The company acquired the Bikaner?Neemrana transmission project in Rajasthan for Rs 1,544 crore to boost renewable energy evacuation.
Siemens:
German parent Siemens AG will acquire an 18% stake in its India unit at Rs 2,952.86 apiece, which represents a discount of 21% to its closing price on Friday.
Salasar Techno Engineering:
The company secured an engineering procurement and construction contract valued at Rs 364 crore from Tamil Nadu Generation and Distribution Corp.
Brigade Enterprise:
The company launched the Brigade Sanctuary commercial residential project in Bangalore, which has a gross revenue potential of Rs 2,000 crore.
Lupin:
The pharma major received USFDA approval for the launch of Turqoz Tablets USP, 0.3 mg/0.03 mg.
Maruti Suzuki:
The company's November volume output was down 3.29% year?on?year, at 1.48 lakh units.
Eicher Motors:
The company's November motorcycle sales were up 13% year?on?year at 80,251 units. Motorcycle exports were up 2.2% year?on?year, at 5,114 units.
Hero MotoCorp:
The company's November sales rose 25.6% year?on?year to 4.91 lakh units. Domestic sales grew 25.4% to 4.76 lakh units.
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Indian shares set to open lower; L&T, Axis Bank in focus
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Daily market commentary : This impacted the sentiments and the market saw a gap-down opening...
