Market drifts lower in early trade; breadth positive business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for June starting from 1 July 2021.
Indian Oil Corporation s board has accorded Stage - 1 approval for implementation of India s first ever Styrene Monomer Project with a capacity of 387 thousand metric tonnes per annum (TMTPA) at an estimated cost of Rs. 4,495 crore, at IndianOil s Panipat Refinery & Petrochemical Complex.
Union Bank of India said the bank s board of directors approved capital plan of the bank to raise capital funds up to Rs 9,700 crore.
Vodafone Idea reported a consolidated net loss of Rs 7,022.8 crore for the quarter ended March 31, 2021. It had posted a loss of Rs 11,643.50 crore in the corresponding quarter of the previous fiscal. Gross revenue stood at Rs 9,607.6 crore, down 18.26% against Rs 11,754.2 crore registered in the March 2020 quarter.