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Nifty, Sensex continue to remain on a strong uptrend – Weekly closing report

We had mentioned in previous week’s closing report that Nifty, Sensex were trending up. ....

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Nifty, Sensex to bounce back at open - The Hindu BusinessLine

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. ....

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Forbes & Company signs deal to sell land in Mumbai | Business Standard News

Read more about Forbes & Company signs deal to sell land in Mumbai on Business Standard. Forbes & Company said that it has entered into agreement for sale (AFS) with Equinix India for sale of approximately 3.804 acres of land at Chandivali, Mumbai for a consideration of Rs 200 crore. ....

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Forbes & Company Ltd enters into sale of 3.804 acres for Rs. 200 crores

Forbes & Company Ltd enters into sale of 3.804 acres for Rs. 200 crores
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Market nudges higher in early trade

Key benchmark indices are trading higher in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 119.11 points or 0.26% at 46,125.80. The Nifty 50 index was up 40.25 points or 0.3% at 13,506.55.
The S&P BSE Mid-Cap index was up 0.77%. The S&P BSE Small-Cap index was up 1.33%.
The market breadth, indicating the overall health of the market, is strong. On the BSE, 1449 shares rose and 390 shares fell. A total of 48 shares were unchanged.
Stocks in news:
Bajaj Auto rose 0.39%. Bajaj Auto announced that it has signed a Memorandum of Understanding with the Government of Maharashtra to set up a manufacturing facility on a proposed investment of Rs 650 crore in Chakan, Maharashtra. The facility is expected to commence production in 2023. This facility will be utilised for manufacturing high end KTM, Husqvarna and Triumph motorcycles as well as for electric vehicles starting with Chetak. ....

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