Markets likely to witness lacklustre trade; eyes RBI’s monetary policy
April 07, 2021
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Stocks to watch out for today: Barbeque-Nation, RIL, Cholamandalam Investment, Axis Bank, M&M and Concord Drugs Markets are likely to witness another lacklustre trading on Wednesday, even as the Reserve Bank will unveil its monetary policy in the afternoon. However, global stocks continue to unsupportive of bulls, with the US and some Asian markets being listless.
SGX Nifty at 14,760 (8 am IST) indicates a flat opening, as Nifty futures on Tuesday closed at 14,750. While Dow Jones, Nasdaq and S&P 500 closed marginally lower overnight, Asian markets such as Japan s Nikkei, China s Shanghai, Australia s ASX and Korea s Kospi were little changed in the morning.
M&M arm forms subsidiary for solar business
Posted On: 2021-04-06 10:20:01 (Time Zone: Arizona, USA)
Mahindra Solarize Private Limited is incorporated in Mumbai, Maharashtra on April 06, 2021 as a wholly owned subsidiary of Mahindra Susten Private Limited, which is a wholly owned subsidiary of Mahindra Holdings Limited, which is a wholly owned subsidiary of Mahindra & Mahindra Ltd.
MSPL has incorporated Mahindra Solarize Private Limited to mainly undertake business for Distributed Energy including rooftop solar installation for commercial, industrial, institutional and residential segment, solar water pump and other Renewable Energy industry based products including Engineering Procurement & Construction (EPC).
Shares of MAHINDRA & MAHINDRA LTD. was last trading in BSE at Rs.781.2 as compared to the previous close of Rs. 774.35. The total number of shares traded during the day was 87791 in over 2694 trades.