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Market Updates

The Markets are expected to open marginally higher today as trend in GIFT nifty indicate a positive start for the broader index after Nifty closed 160 points higher at 21,622 on Friday.

KPI Green Energy: The company’s unit received an order for a 5.60 MW solar project from a domestic entity.

Hardwyn India: The company's subsidiary Slim?X plans to generate ?revenue of Rs 100 crore in the next two years.

One 97 Communication:

The company approved joint development pact with ACE Builders for the development of the IT/ITES complex in Noida and approved the incorporation of one or more subsidiaries in GIFT City.

Shilpa Medicare:

The company's NDA Product PEMRYDI RTU (Pemetrexed Injection) received product?specific code J* from the U.S. Centers for Medicare & Medicaid Services. PEMRYDI RTU is used as a drug in the treatment of non?small cell Shanghai 2,832.3 13.5 0.47% Nikkei 225* 35,963.3 +504.33 +1.42% Hang Seng* 15,308.7 ?83.1 ?0.54% *As at 8.30 am Commodity Price (USD) Change (Pts) Change (%) Crude Oil WTI 72.7 +0.21 +0.29% Services. PEMRYDI RTU is used as a drug in the treatment of non small cell lung cancer in combination with other chemotherapy agents.

Navkar Corp:

The company said that there are no negotiations taking place that require disclosure under the SEBI.

Prataap Snacks:

The company issued a clarification that it is not in negotiations with Haldiram's for a stake sale Crude Oil WTI 72.7 +0.21 +0.29% Brent Oil 78.0 ?0.1 0.0 Gold 2,031.8 +10.20 +0.50% Silver 22.8 +0.041 +0.18% Copper 3.8 +0.0450 +1.20% US Cotton #2 83.9 +1.42 +1.72% Haldiram's for a stake sale.

Tata Steel:

The company will commence statutory consultation as part of its plan to transform and restructure its U.K. business.

HFCL:

The company received a purchase order worth of Rs 623 crore from a telecom service provider for the supply of 5G telecom networking equipment.

Zee Entertainment:

The company issued a clarification on media reports of Sony's board to take a call on a $10 bn merger with Zee Entertainment on Friday. It said that it is not aware of any board meeting held or proposed to be held by Sony India and added that the company is committed to the merger with Sony.

Earnings In Focus:

I di R bl E Dl t A ICICI B k Ktk M hi d DXY Index 103.37 ?0.17 ?0.16 VIX Value Change (Pts) Change (%) India VIX 13.9 ?0.2 ?1.37% S&P 500 VIX 13.3 ?0.8 ?5.87% 1 Indian Renewable Energy Development Agency, ICICI Bank, Kotak Mahindra Bank, Union Bank of India, IDBI Bank, Persistent Systems, JK Cement, Jammu and Kashmir Bank, Can Fin Homes, Waaree Renewable Technologies, Rajratan Global Wire.

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