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Nifty, Sensex continue gaining streak; 5 things to know before today s opening bell
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Stocks in focus: Reliance Industries, TCS, Info Edge, BPCL, Axis Bank, Larsen & Toubro, Majesco
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Nifty futures on the Singapore Exchange traded 40.5 points, or 0.29 per cent, higher at 13,784.50, in signs that Dalal Street was headed for a tepid start on Friday. Here are a few stocks which may buzz the most in today s trade:
Info Edge:
Info Edge Ventures said Temasek has committed Rs 375 crore (about $50 million) to the fund. Info Edge Ventures is a Rs 750 crore early-stage venture capital fund backed by Info Edge, parent company of Naukri. The fund was launched in January this year.
BPCL: Privatisation-bound Bharat Petroleum Corporation Ltd (BPCL) said its board has approved buying out Oman Oil Company s stake in the Bina refinery project in Madhya Pradesh on mutually agreeable terms.
NSE-BSE bulk deals: Porinju Velliyath’s Equity Intelligence picks up stake in BEML
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Last Updated: Dec 17, 2020, 10:08 PM IST
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Synopsis
Of the frontline indices, market barometer Sensex advanced 224 points to 46,890, while peer Nifty climbed 58 points to close at 13,741.
Equity Intelligence India bought 2,65,000 shares of BEML at Rs 847.63 per share.
Mumbai: Among the key bulk deals on Thursday, Equity Intelligence India, the portfolio management firm owned by Kochi-based investor Porinju Veliyath, picked up stake in state-run defence company BEML, while Sipadan Investments (Mauritius) trimmed its holdings in IDFC.
Of the frontline indices, market barometer Sensex advanced 224 points to 46,890, while peer Nifty climbed 58 points to close at 13,741.