On Tuesday, the stock market recorded a strong rise, after which a positive start in the stock market is expected again on Wednesday. Actually, the gift Nifty has woke up early in the morning and around 7:30 am it is at 25007.50 with 44 points or 0.18 percent to 25007.50. At the same time, on Tuesday, the US market also recorded an edge. All three major index of the US stock market closed at record high. It is believed that investors have become somewhat quiet about the state of the US economy. S&P 500 rose 0.27% to 6,512.61, Nasdac Composite rose 0.37% to 21,879.49 and Dow Jones Industrial Average increased 196.39 points or 0.43% to 45,711.34.
Asian markets also boom
Asian markets are also seeing positive trends for the Indian stock market. All four major Asian markets are in the lead in morning trading. Among them, China’s SSC composite gained 14.67 points or 0.39 per cent at 3,821.964 and Japan’s Nikkei is up 143.33 points or 0.33 per cent to 43,602.62.
Similarly, Hong Kong’s Hang Seng rose 200.23 points or 0.77 percent to 26,138.36 and South Korea’s Kospie rose 44.85 points or 1.38 percent to 3,304.9.
Which shares should be monitored today?
Kotak Mahindra Bank – Sumitomo Mitsui Banking Corporation can get out of the bank by selling its entire 1.65% stake through the block deal.
Blue Jet Healthcare-Promoter Akshay Bansarilal Arora is selling 1,18,51,850 equity shares (6.83% stake) of the company through Offer-SAL (OFS) on 10 and 11 September, including a greeneshu option of 59,25,925 shares (3.42% stake).
Sun Pharmaceutical Industries – USFDA has now classified the Halol plant as an official action signal (OAI). This means that the USFDA believes that this plant does not fully comply with some existing good manufacturing processes (CGMP).
ICICI Prudential Life Insurance Company – The board will meet on September 12 to consider raising funds in one or more installments by issuing non -convertible debentures based on private placement.
HEG – The company’s associate firm Bhilwara Energy has acquired a 49% stake in the statecraft in Malana Power Company.
Bajaj Auto, a two -wheeler and three -wheeler manufacturer, has decided to give benefits of recent deduction in GST to all customers of Bajaj and KTM motorcycles and three -wheelers from 22 September.
Sterling and Wilson Renewable Energy – The company has received a letter (LOI) for the 300 MW AC/420 M
Thermax – The company has invested Rs 115 crore in its subsidiary First Energy (FEPL), which aims to invest further in FEPL -owned subsidiary First Energy (FE10).
India Electronics – The company will pay a final dividend of Rs 0.90 per share on 23 September.
Tata Motors – Tata Motors has signed a share subscription and shareholder agreement with Tata Power Renewable Energy to get a 26% equity stake in TP Parthav and TP Marigold.
