Invest With Tribe

Share this post

[05/03 Weekly Market Update] Adani Ent (+43%) & Adani ports (+23%) are up after receiving positive news such as GQC buying stake in the group stocks

blog.investwithtribe.com

[05/03 Weekly Market Update] Adani Ent (+43%) & Adani ports (+23%) are up after receiving positive news such as GQC buying stake in the group stocks

Tribe Weekly

Mar 5
Share this post

[05/03 Weekly Market Update] Adani Ent (+43%) & Adani ports (+23%) are up after receiving positive news such as GQC buying stake in the group stocks

blog.investwithtribe.com

Weekly Market Summary

Friday’s gain helps the market turn positive for the week


Companies

Adani Enterprise (+43%) & Adani ports (+23%) are up after receiving positive news such as supreme court order, share-backed loans repay & GQC buying $1.87Bn stake in the group stocks.


Sectors

Nifty Realty (+8%) rose due to an improvement in demand and rising investments in industrial and household segments. Nifty IT (-2%) fall due to weak global cues.


Market News

1.India To Manufacture $300 Billion Electronic Goods By 2026. (NDTV)

2.Power Grid wins bid for two projects in Chhattisgarh (CNBCTV18)

3.RBI imposes a monetary penalty of Rs 3.06cr on Amazon Pay (India) for non-compliance of Prepaid Payment Instruments & KYC rules. (CNBCTV18)

4.Kansai Nerolac Board approves acquisition of 40% stake of Nerofix from Polygel (CNBCTV18)

5.Mahanagar Gas to acquire 100% of Unison Enviro for Rs 531cr (CNBCTV18)


Tribe Weekly

March 6: MCON Rasayan India IPO

March 7: Holi Holiday

March 8: SBI Life Insurance board meeting to discuss interim dividend. Marico interim dividend

March 9: IFL Enterprises board meeting to discuss interim dividend. Indowind Energy Ltd board meeting

March 10: HAL board meeting to discuss interim dividend. Release of data on Manufacturing output for Jan month.


Latest on our Social:

Click to see the full post


Follow our Socials

Looking for fantastic content on the stock market, trading and investing?

Follow us on Twitter, Instagram, Reddit, LinkedIn & YouTube

Share this post

[05/03 Weekly Market Update] Adani Ent (+43%) & Adani ports (+23%) are up after receiving positive news such as GQC buying stake in the group stocks

blog.investwithtribe.com
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 Tribe Wealth
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing