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Nifty, Sensex shows no signs of tiring – Wednesday closing report


Nifty, Sensex shows no signs of tiring – Wednesday closing report
Moneylife Digital Team / IANS
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We had mentioned in Tuesday’s closing report that Nifty, Sensex were trending up. On Wednesday, the major indices made minor gains. On the NSE, there were 1,002 advances, 859 declines and 363 unchanged.
 
The trends of the major indices in the course of Wednesday’s trading are given in the table below:
 
 
UPL pre-paid $410 million of its 3.25% senior notes due October 2021 using the cash on its balance sheet.
 
 
Kalpataru Power Transmission bagged new orders in T&D business and EPC of about Rs 900 crore. 
 
JMC Projects (India) got orders of Rs 698 crore for building works in South India. The company said their order inflow for the current year has crossed Rs 6,700 crore. ....

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Insights on the Unmanned Aerial Vehicle Global Market to 2025 - Increase in Defense Spending by Developing Economies Presents Opportunities


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The unmanned aerial vehicles (UAV) industry analysis projects the market to grow at a significant CAGR of 13.27% based on value during the forecast period from 2020 to 2025. The North America region dominated the global UAV market with a share of 51% by value in 2019. Its total market size was valued at $11.66 billion in 2019 and is projected to reach $ 21.91 billion by 2025, registering the highest CAGR value during the forecast period of 2020-2025. This is due to the presence of many drone manufacturing companies in the region. Additionally, countries such as China, Japan, South Korea, Australia, and Singapore are adopting UAVs rapidly, making Asia-Pacific the second-largest market for UAVs. The global UAV market in APAC was valued at $5.45 billion in 2019 and is expected to grow at a CAGR of 15.64% during the forecast period 2020-2025. ....

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