IndusInd Bank(+3%), NTPC(+2%) & more
IndusInd Bank(+3%), NTPC(+2%) & more
Tribe Daily
Market Summary
Last-hour recovery helps the Market snap a 3-day losing streak.
Companies
JSW Steel (+2%) rose after the company won a bid to build Botswana’s 300 MW coal power plant. Bharti Airtel (-1%) plunged after the company raised the prices of monthly recharge plans by 57%.
Sectors
Nifty PSU Bank (+2%) rose due to the strong performance of BOB & UCO bank. Nifty Metal (+1%) rose due to the strong performance of JSW Steel, & Tata Steel. Nifty IT (+1%) rose due to the strong performance of Infosys, Tech Mahindra, & TCS.
News of The Day
1.Vedanta approves third interim dividend of Rs 17.50 per share. (Mint)
2. Glenmark Pharma(+2%) rose after the company settled an agreement with Pfizer for Axitinib tablets. (Devdiscourse)
3. Aether Industries (+0.36%) rose after the company signed an agreement with Europe-based Polaroid for research and manufacturing. (Money Control)
4.Adani Group’s Rs 493 crore open offer letter for NDTV to start today. (Economic Times)
5. Jio gets NCLT approval to acquire Reliance Infratel. ( Devdiscourse)
Market Sentiment
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