[27/03 Market Update] Grasim (+2%) up as company buys leasehold rights of 220 acres land parcel to set up manufacturing units.
[27/03 Market Update] Grasim (+2%) up as company buys leasehold rights of 220 acres land parcel to set up manufacturing units.
Tribe Daily
Market Summary
Market fails to hold recovery with Midcap underperforming benchmarks. Nifty rises 41 points.
Companies
Grasim (+2%) up as company buys leasehold rights of 220 acres land parcel to set up manufacturing units. Reliance (+1%) rose as the company appoints V Srikanth as the new CFO; veteran Alok Agarwal to become Senior Advisor to Chairman.
Sectors
Nifty Healthcare (+1%) up as Diagnostic stocks move higher as COVID cases rise. Nifty Realty (-1%) down due to weak performance of IBREALEST, LODHA, & PRESTIGE.
Market News
1.HDFC plans to raise ₹57,000 crore through private placement ahead of merger with HDFC Bank. (Moneycontrol)
2.Cello World looks to raise around ₹2,000 crore via IPO (CNBCTV18)
3.L&T Construction bags orders in the range of ₹2,500-5,000 crore (CNBCTV18)
4.BLS International inks contract with Polish embassy in Manila for visa outsourcing services (CNBCTV18)
5.ISGEC Heavy Engineering gains on ₹197.25 crore order win. (Moneycontrol)
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