Markets across China, Hong Kong and Australia remained closed today on the account of public holidays. Other Asian markets opened mixed, as investors await Federal Reserve s policy meeting later this week. MSCI s broadest index of Asia-Pacific shares outside Japan fell 0.13 per cent.
Sensex, Nifty open low on mixed global cues; Nestle, HDFC drag
File
The stock markets opened on a flat note as indicated by SGX Nifty. At 09:16 AM, the Sensex was down 54.17 points or 0.10 percent at 52420.59, and the Nifty was down 39.40 points or 0.25 percent at 15760. The Nifty Metal index was in red, down 1.3 percent. The BSE MidCap index slipped over 1 percent.
#CNBCTV18Market | Market opens Monday trade with minor cuts. #Nifty below 15,800 & #Sensex down more than 100 points pic.twitter.com/AWcnYfG70k CNBC-TV18 (@CNBCTV18Live) June 14, 2021
Equity benchmark Sensex dropped over 185 points in early trade on Monday, tracking losses in index-heavyweights HDFC twins, ICICI Bank, SBI and Bajaj Finance. Tge broader NSE Nifty fell 80.65 points or 0.51 percent to 15,718.70.
NBCC (India): The state-owned construction company, which is in the race to acquire Jaypee Infratech Ltd (JIL), assured stuck homebuyers that its bid is concrete, fully backed by the government and the PSU will complete over 20,000 pending flats on time as per the schedule.
Reliance Power: The board of ADAG s utility company approved a preferential issue of 59.5 crore equity shares and 73 crore warrants worth Rs 1,325 crore to its promoter firm
Reliance Infrastructure. It aggregates up to Rs 1,325 crore.
Ruchi Soya: The edible oil firm, which is owned by Baba Ramdev-led Patanjali Ayurveda, has filed a draft document with SEBI to launch a follow-on public offer (FPO) for raising up to Rs 4,300 crore. The FPO is being launched to meet the SEBI norm of minimum public shareholding of 25 per cent in a listed entity.
Read more about Stocks to watch: Adani group stocks, Reliance Power, Lupin, BHEL, DLF on Business Standard. Reliance Power Limited has announced it will raise Rs 1,325 crore by issuing preferential shares and warrants to its parent, Reliance Infrastructure