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20-08-2024 08:35 AM | Source: ARETE Securities Ltd
The markets are expected to open marginally higher today as trends in GIFT - 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 31 points higher at 24,572 on Monday.

Bajaj Auto:

The company will make a provision of ?2.11 billion in Q2 due to a one-time impact from capital gains rule changes.

Hi-Tech Pipes:

The company will raise funds worth up to ?6 billion.

IndiGo:

The company's July domestic passenger market share rose to 62%.

IndusInd Bank:

The company received RBI approval to set up a unit to undertake the asset management business of mutual funds.

Investment Trust of India:

The company stated that BSE returned its demerger application of the 'Non-Lending Business Undertaking' and requested a revised application after obtaining approvals from SEBI departments.

Motilal Oswal Financial Services:

The company will issue NCDs worth up to ?1 billion, with a greenshoe option for an additional ?1 billion.

Mishra Dhatu Nigam:

The company secured an order worth ?285 crore.

Olectra Greentech:

The company and Evey Trans further acquired additional shares in Evey Trans (MSR) at a cost of ?5 million.

PowerGrid:

The company acquired Rajasthan IV E Power Transmission Limited for an aggregate value of ?18.54 crore.

SpiceJet:

The company's July domestic passenger market share fell to 3.1%.

Vishnu Chemicals:

The company announced the 100% equity acquisition of Jayansree Pharma Pvt Ltd (JPPL) at an enterprise value of ?51.99 crore.

 

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