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Mirae Asset Mutual Fund Acquires 0 56% Stake In CEAT
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Ceat acquires remaining Tyresnmore shares
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CEAT Acquires 39 34% Stake In Tyresnmore For ₹3 Cr
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Markets may trade in a narrow range; stock-specific action likely
April 09, 2021
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Stocks likely to witness action today: Srei Equipment Finance, S H Kelkar, Thyrocare Technologies, Zensar, CEAT, Emkay Global, and Salora International Indian markets are expected to trade in a narrow range with a flat opening on Friday ahead of quarterly results. Companies will start results from next week.
Global markets present mixed signals, with US markets ending firm overnight. Though Japan s Nikkei is ruling firm, others such as Korea, Australia and China are down marginally.
However, the SGX Nifty at 14,930 signals a flat opening, as Nifty futures closed at 14,924 on the NSE. With the Prime Minister ruling out a complete lockdown, Indian markets may gain strength in today s trade, said analysts. Prime Minister Narendra Modi on Thursday ruled out imposing any lockdown in the country. However, he emphasised the need to identify micro-containment zones in a mission mode.