Nifty, Sensex to bounce back at open
June 10, 2021
Market awaiting further triggers to move forward
After a sharp correction on Wednesday, the market appears set to open in the green on Thursday amid mixed global cues. Though the US markets corrected overnight, Asian markets and US stock futures turned positive in early morning on Thursday.
According to analysts, the market is awaiting further triggers to move forward, though action will remain high in select small and mid-cap stocks.
The SGX Nifty at 15,718 (8 am IST) indicates a flat-to-positive opening for Nifty futures, which on Wednesday closed at 15,660.25. Most Asian-Pacific markets such as Japan, China, Hong Kong, Australia, Taiwan and South Korea are up by around 0.4 per cent.
Read more about Varroc Engineering signs MoU with Candera GmbH on Business Standard. To integrate HMI technology in Varroc s Thin-Film-Transistor Instrument Cluster
Domestic stocks markets were trading marginally higher in the early afternoon trade on Wednesday. At 1:07 pm, the S&P BSE Sensex was trading 74.57 points or 0.14% higher at 52,350. Get more Markets News and Business News on Zee Business.
Varroc Engineering Limited signs an MoU with Candera GmbH to integrate HMI technology in their TFT Instrument Clusters for Automotive applications equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Varroc joins hands with Austrian firm Candera for tech boost
Varroc joins hands with Austrian firm Candera for tech boost
New Delhi, Jun 9: Auto component maker Varroc Engineering on Wednesday said it has inked a technology sharing pact with Austria-based Candera GmbH.
The Pune-based company said it has signed a Memorandum of Understanding (MoU) with Candera GmbH for a strategic association to integrate the Human Machine Interface (HMI) technology with its thin-film-transistor (TFT) instrument cluster.
As per the MoU, Varroc will develop the hardware and base software of the product, while Candera will provide software solutions for HMI.
The collaboration would enable both the companies to respond to automotive application opportunities in India and the global markets with shorter lead time and cost optimised solutions.