Shares of Adani Ports and Special Economic Zone (APSEZ) rose on Monday morning on the company s announcement that Windy Lakeside Investment Ltd, a unit of Warburg Pincus, will invest Rs 800 crore in the company.The Warburg Pincus arm would pick .
Moderate gains seen at open, but crude, FPI flow to anchor direction
March 08, 2021
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Asian markets in early trade on Monday are up 0.5-1.5%; US markets on Friday closed up 1.55-2%; analysts fear the market may see volatility
The Indian stock markets, after falling a couple of days, are expected to open on a positive note on Monday, thanks to global markets. The SGX Nifty, ruling at 15,080, points to a 130-point gain for Nifty futures, which on Friday closed at 14,953 on the NSE.
Asian markets in early trade on Monday are up in the range of between 0.5 and 1.5 per cent. Australian indices are ruling with the biggest gains on Monday, while China, Japan and Taiwan too are firm. The US markets on Friday too closed up 1.55-2 per cent.
Adani Ports stock hits all-time high as Warburg Pincus to invest Rs 800 crore
Adani Ports stock touched an all-time high of Rs 768.4, up 2.65% against previous close of Rs 748.55 on BSE
BusinessToday.In | March 8, 2021 | Updated 13:30 IST
Adani Ports share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.
Adani Ports share hit its all-time high today after the firm sold 0.49 percent stake to Windy Lakeside Investment Ltd, an affiliate of private equity firm Warburg Pincus for Rs 800 crore.
Adani Ports stock opened with a gain of 2.38% at Rs 766.40 on BSE today. The share touched an all-time high of Rs 768.4, up 2.65% against previous close of Rs 748.55. Adani Ports share is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages.