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Positive bias seen for Nifty at open - The Hindu BusinessLine

Positive bias seen for Nifty at open
March 03, 2021
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Concerns on rising bond yields have softened after central bankers across the world have pushed back against higher rates
After gaining sharply in the last couple of days, Indian markets are likely to open flat on Wednesday. The SGX Nifty at 15,020 points to a 60-point positive opening for Nifty futures, which on Tuesday closed at 14,958.15.
Global markets too present a firm trend with most of Asia-Pacific ruling in positive territory though overnight the US markets closed in the red.
Concerns pertaining to rising bond yields appear to have softened a bit after central bankers across the world have begun to push back against higher rates. This should offer some comfort to Indian equities and INR as rising bond yields in the US and declining spreads between US Treasury yields and India’s G-Sec yields had started putting pressure on INR. ....

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Nifty, Sensex to log in more gains – Wednesday closing report

Nifty, Sensex to log in more gains – Wednesday closing report
Moneylife Digital Team
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We had mentioned in Tuesday’s closing report that Nifty, Sensex may continue to rise. On Wednesday, the indices opened higher and rallied with major gains. On the NSE, there were 1,201 advances, 735 declines and 85 unchanged.

The trends of the major indices in the course of Wednesday’s trading are given in the table below:

Engineers India was awarded a project by Indian Oil Corporation with an order value of around Rs 600 crore.

TP Saurya Limited, the wholly-owned subsidiary of Tata Power, has signed a power purchase agreement with Tata Steel to develop a 15 MW solar project at Jamshedpur, Jharkhand. ....

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Jaiprakash Power Ventures Ltd announces disinvestment of 74% Share holding in Joint Venture Subsidiary - Jaypee Powergrid Ltd

Jaiprakash Power Ventures Ltd announces disinvestment of 74% Share holding in Joint Venture Subsidiary - Jaypee Powergrid Ltd ....

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