Stay updated with breaking news from சேவைகள் கட்டம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Positive bias seen for Nifty at open March 03, 2021 × 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. ....
Shares of Reliance Industries (RIL) will be in focus. Reliance Jio Infocomm (RJIL) announced that it has successfully acquired the right to use spectrum in all 22 circles across India in the recently concluded spectrum auctions conducted by Department of Telecommunications, Government of India. The payment to be made for the right to use this technology agnostic spectrum for a period of 20 years is Rs. 57,123 crore Ircon International announced that the company s promoter proposes to sell up to 4,70,25,787 equity shares of the company, representing 10% of the issued and paid up share capital of the company on 03 March and 04 March 2021 through a separate window of the BSE and NSE. The Government may exercise an option to additionally sell 2,82,15,473 equity shares, representing 6% of the issued and paid up share capital of the company. The floor price for the offer shall be Rs 88 per share. ....
Today Stocks | Stocks to track in trade for March 3, 2021: Bharti Airtel, Jio, Ircon International, Engineers India, IOC timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.
Stocks to watch: Ircon Int'l, Ion Exchange, YES Bank, Ruchi Soya, BoB, RIL business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.