The stock market is getting a weak start today, as the gift Nifty is down 57 points or 0.23 per cent at 25,187 at around 7:30 am. According to experts, investors are monitoring currency fluctuations, global policy signals and selling of foreign investors and can be vigilant on the basis of these factors.
On the other hand, Asian markets are not getting strong signals for the stock market today. Japan’s Nikkei fell 225 245.5 points to 45,248.13 and South Korea’s Kospi slipped 19.5 points to close at 3,466.61. However, China’s SSE Composite Index is at 3,831.71 and has a gain of 10 points or about 0.27 percent. Similarly, Hong Kong’s Hong-Seng fell 67.55 points or 0.26 per cent to close at 26,226.67. Further, know which shares should be monitored in the Indian stock market today.
How was the American market performance?
The US stock market declined on Tuesday. Fed Chairman Jerome Powell indicated that the central bank would be cautious about further interest rate cuts and said that the stock markets are very highly evaluated. Yesterday Dow Jones fell about 0.2%. The S&P 500 dropped about 0.6% and Nasdaq Composite about 1%.
Which stock will see fluctuations?
Swiggy – Board has compulsorily convertible preference shares (CCPS) MIH Investments One BV of Netherlands, 10 equity shares and 1,63,990 series D in Ropan Transportation Services (Rapido). (Owned by the Process Group) has been approved for sale for Rs 1,968 crore.
Akzo Nobel India – Promoter Imperial Chemical Industries can sell up to 5% stake in Akzo Nobel through a block deal, which has an offer size of Rs 742.7 crore and the floor price is Rs 3,261.8 per share.
Dilip Buildcon – The company formed through the DBL -PSP joint venture has been declared a favorite bidder for a project of Rs 1,115.37 crore by the Kerala Industrial Corridor Development Corporation.
HCL Technologies – Global Technology Company has renewed its long -term digital transformation agreement for AI -Investigated Digital Foundation Services with a Sweden -based commercial vehicle manufacturer.
Torrent Power – The company has obtained 30 lakh equity shares (100% share) of the Saravagi family and concerned at Rs 211 crore from the Saravagi family and the respective Yaavi family and the respective Yaavi family and the concerned would have Rs 211 crore from the 11.95 lakh equity share (49% stake) and Newzon Power Projects (NZPPPL), which is NZPL’s holding company. NZPPPL already has a 51% stake in Nzipl.
Bajaj Electricals – The Board has approved the acquisition of ‘Morphi Richards’ brand and related intellectuals rights in India, Nepal, Bhutan, Bangladesh, Maldives and Sri Lanka regions for Rs 146 crore from Glenn Electric (Glen Dimplex Group, Ireland).
Puravankara – Deepak Rastogi has resigned from the post of Group CFO and Chief Executive Officer of the company from 23 September. Also, Neeraj Kumar Gautam has been promoted to the post of CFO from Deputy CFO of the company from 24 September.
Sinus Tech – Sinus Tech has received a letter of award (LOA) from the Mumbai Metropolitan Region Development Authority (MMRDA) for the appointment of an agency for upgrading and procurement of ESRI Arcgis Software Products Enterprise Agreement.
Lemon Tree Hotels – The company has signed two new properties – Keys Prima by Lemon Tree Hotels in Varanasi and Keys Selection by Lemon Tree Hotels in Rewa.
Torrent Pharmaceuticals – South Africa’s Competition Commission has approved the acquisition of controlled stake in JB Chemicals and Pharmaceuticals from KKR.