[23/03 Market Update] Hindalco (+2%) gains as Dollar index slips to a 2-month low
[23/03 Market Update] Hindalco (+2%) gains as Dollar index slips to a 2-month low
Tribe Daily
[23/03 Market Update] Hindalco (+2%) gains as Dollar index slips to a 2-month low
Market Summary
Market fails to hold any recovery, closes at day’s low
Companies
Hindalco (+2%) gains as Dollar index slips to a 2-month low. Maruti Suzuki (+1%) rose on price hike announcements.
Sectors
Nifty PSU Bank (-2%) down due to weak performance of Bank of Baroda, PNB & SBI. Nifty Realth (-1%) down due to weak performance of PHOENIXLTD, SOBHA, & LODHA.
Market News
1.Bajaj Hindusthan Sugar acquires 5.04 % shareholding of Bajaj Power Ventures for ₹445.54 crore (CNBCTV18)
2.RPP Infra bags new orders worth ₹171 crore (CNBCTV18)
3.Tata is said to mull injecting $2 Billion into Super-App Venture. (Bloomberg Law)
4.Kalpataru Power bags new orders worth ₹2,477 crores for its T&D and water businesses (CNBCTV18)
5.Bajaj Hindusthan Sugar acquires 98.01% shareholding of Phenil Sugars for ₹350 crore (CNBCTV18)
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