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[21/02 Market Update] NTPC (+3%) rose as the company is planning to raise Rs 9,000 cr loan.

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[21/02 Market Update] NTPC (+3%) rose as the company is planning to raise Rs 9,000 cr loan.

Tribe Daily

Tribe Wealth
Feb 21
Share this post

[21/02 Market Update] NTPC (+3%) rose as the company is planning to raise Rs 9,000 cr loan.

blog.investwithtribe.com

Market Summary

Nifty ended flat following a volatile trading session.


Companies

NTPC (+3%) rose as the company is planning to raise a Rs 9,000 cr loan. Tata Steel (+1%) rose after the firm raised Rs 2,150 cr via debentures.


Sectors

Nifty Realty (-1%) declined as rising interest rates and higher inflation weighed investors' sentiments.


Market News

1.Capacite Infra bagged orders worth Rs 181 cr. (Business Standard)

2.PTC Industries (+2%) rose after the company inked an MoU with Dassault Aviation. (Business Standard)

3.Cyient (+2%) rose after the company announced its partnership with Thingtrax to enable manufacturers to increase efficiency and reduce costs. (Business Standard)

4.Symphony (+5%), and Voltas (+3%) rose amidst country-wide heatwave alerts. (CNBC TV 18)

5.Lupin (+1%) rose after the company launched generic tablets for mental disorders in United States. (Financial Express)


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[21/02 Market Update] NTPC (+3%) rose as the company is planning to raise Rs 9,000 cr loan.

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