Britannia (+1%), NTPC(+1%) & more
Nifty sharply declined in the last hour.
NTPC (+1%) rose after the company announced its plan to raise Rs 500 via NCDs (Non-Convertible Debentures).
Nifty IT (-2%) declined due to weak performance of Tech Mahindra, Infosys, TCS & HCL Tech. Nifty PSU Bank (-2%) declined due to weak performance of SBI Bank, Canara Bank & BOB. Nifty Media (-2%) declined due to poor performance of Network 18 & Dish TV.
News of The Day
1. Landmark Cars IPO subscribed by 51% on the third day. (Economic Times)
2.Kalpataru Power Limited (+1%) rose after the company bagged Rs 1,397 cr worth orders in India & abroad. (Economic Times)
3.Larsen and Toubro Hydrocarbon arm won significant orders worth up to Rs 2,500 cr. (Swaraj Magazine)
4.KPI Green Energy (+2%) rose after the company bagged orders for a 33 MW solar power project. (CNBC tv 18)
5.Poonawala Fincorp (-5%) declined after the company sold the entire stake in the housing arm to TPG for Rs 3,900 cr. (Mint)
Expert of The Day
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