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Markets may trade in a narrow range; stock-specific action likely April 09, 2021 × Stocks likely to witness action today: Srei Equipment Finance, S H Kelkar, Thyrocare Technologies, Zensar, CEAT, Emkay Global, and Salora International Indian markets are expected to trade in a narrow range with a flat opening on Friday ahead of quarterly results. Companies will start results from next week. Global markets present mixed signals, with US markets ending firm overnight. Though Japan s Nikkei is ruling firm, others such as Korea, Australia and China are down marginally. However, the SGX Nifty at 14,930 signals a flat opening, as Nifty futures closed at 14,924 on the NSE. With the Prime Minister ruling out a complete lockdown, Indian markets may gain strength in today s trade, said analysts. Prime Minister Narendra Modi on Thursday ruled out imposing any lockdown in the country. However, he emphasised the need to identify micro-containment zones in a mission m ....
Salora International Ltd to sell property to reduce debt Posted On: 2021-04-08 05:44:42 (Time Zone: Arizona, USA) The Board of Salora International Ltd has, subject to approval of shareholders, approved the proposal for sale / divestment of the Company s property situated at B-31 to 34 & B-50 to 53, Sector - 80, NOIDA - 201 305, District Gautam Budh Nagar, U.P. to reduce debt of the Company and the corresponding interest burden. The potential sale will have no adverse impact on the operations of the Company. Shares of SALORA INTERNATIONAL LTD. was last trading in BSE at Rs.41.55 as compared to the previous close of Rs. 39.6. The total number of shares traded during the day was 2244 in over 27 trades. ....