Nifty, Sensex likely to open weak tracking global peers
×
Indian stock markets are expected to open weak on Tuesday as the US market slipped overnight. The SGX Nifty futures is currently ruling at 14,477, down almost 20 points against the Nifty futures Monday s close of 14,493.50.
On Monday, the BSE Sensex closed above the psychological level of 49,000, rising 486.81 points or 1 per cent to 49,269.32 on January 11 while the Nifty50 climbed 137.50 points to 14,484.80.
US Markets
Wall Street’s main indexes closed lower on Monday as investors took some profits after last weeks’ records while they waited for earnings season to begin and eyed events in Washington with trepidation. The Dow Jones Industrial Average fell 89.28 points, or 0.29 per cent, to 31,008.69, the S&P 500 lost 25.07 points, or 0.66 per cent, to 3,799.61 and the Nasdaq Composite dropped 165.54 points, or 1.25 per cent, to 13,036.43.
Stocks in news: GAIL, Tata Motors, Dr Reddy, M&M, HUL, Force Motors, Sunteck Realty
Stocks to watch today on January 12: GAIL, Tata Motors, Dr Reddy, M&M, HUL, Force Motors, Sunteck Realty among others are the top stocks to watch out for in Tuesday s trading session
BusinessToday.In | January 12, 2021 | Updated 10:16 IST
Stocks to watch today on January 12
Stocks to watch today: Here is a list of top stocks that are likely to be in focus in Tuesday s trading session based on latest developments.
Dr Reddy s Laboratories: The Data and Safety Monitoring Board has recommended recruitment for the phase 3 clinical trials of Sputnik V vaccine for Covid-19, that has met primary endpoints of safety. The pharma has also has submitted phase 2 safety data to DCGI for review and approval.
Story
Share Market Highlights: Sensex ends 1,406 points lower, Nifty at 13,328; Nestle, HUL, Infosys top losers
India Stock Market Highlights Today: Global equities were bearish today as coronavirus infections increased in parts of North Asia, such as Japan and South Korea, and weighed on investor sentiment. European countries have banned flights from the UK as the British government began emergency lockdown on Sunday, over fear of new virus strain.
BusinessToday.In | December 21, 2020 | Updated 16:57 IST
Share Market Highlights: Here s a look at the updates of the market action on BSE and NSE today
Sensex, Nifty Highlights on December 21: Equity indices fell 3% each on Monday and closed sharply lower, in line with globally weak equities amid rising coronavirus cases and concerns over fresh rounds of lockdown. Reversing trend from 6 days of consecutive gains, Sensex fell by 1,406 points to 45,553 and Nifty ended 432 points lower at 13,328. Global equities were bearish today as
Dishman Carbogen Amcis declined 2.42% to Rs 151.15 as the offer for sale (OFS) opened for non-retail investors today.Through the OFS, the company s promoter Adimans Technologies LLP proposes to sell over 68.98 lakh shares, constituting 4.4% paid-up share capital of the company, with an option to sell an additional 4.4% stake or 68.98 lakh equity shares (oversubscription option).
Adimans Technologies LLP held 63.2% stake or 9,90,91,898 shares of Dishman Carbogen as of 30 September 2020.
The floor price for the OFS was set at Rs 145.70 per shares, at a 15.52% discount to Dishman Carbogen s closing price of Rs 154.90 on Thursday, 17 December 2020.
The OFS opened on Friday (18 December 2020) for non-retail investors, while both retail as well as non-retail investors will be able to subscribe on Monday (21 December 2020). A total of 15% of the offer size has been reserved for retail investors.
Floor Price for Dishman Carbogen Amcis Ltd s OFS is fixed as Rs. 145.70
Posted On: 2020-12-17 06:36:29 (Time Zone: Arizona, USA)
Adimans Technologies LLP (the Seller ) proposes to sell up to 68,98,457 Equity Shares of Dishman Carbogen Amcis Ltd having a face value of Rs. 2 each, in aggregate representing 4.40% of the total issued and paid-up Equity Share capital of the Company ( Base Offer Size ) on December 18, 2020 ( T Day ) (for non-retail investors only) and on December 21, 2020 ( T+1 Day ) (for retail investors and for non-retail investors who choose to carry forward their un-allotted bids), with an option to additionally sell up to 68,98,457 Equity Shares of the Company having a face value of Rs. 2 each (representing 4.40% of the total issued and paid-up Equity Share capital of the Company) (the Oversubscription Option and in the event the Oversubscription Option is exercised, the Equity Shares forming part of the Base Offer Size and the Oversubscription Option will