Watch: How will the RBI monetary policy impact markets?
All eyes are on the three-day meeting of RBI’s rate setting panel. Find out what is expected from Friday’s RBI policy, its likely impact on equity markets and other factors that will be watched out.
With small & midcaps outperforming, direct more money to largecaps: Experts
Global PE firms cashout by offloading stakes in Indian cos amid market boom
Report: Adani Ports in talks to buy Shapoorji Pallonji Group’s Gopalpur Ports
As per a report by The Economic Times, Adani Ports and Special Economic Zone is in advanced talks to acquire Shapoorji Pallonji Group’s (SP) Gopalpur Ports in Odisha for up to Rs 1,100-1,200 crore in equity value, which involves owning considerable facilities along both the eastern and western water margins.
Also Read : Bharat Electronics up 4%; hits new high on securing orders worth Rs 3,915cr
Nifty Metal in overbought zone, Nifty Pharma could see minor correction
Stocks to Watch: Adani Wilmar, Delta Corp, Paytm, Bharti Airtel, IRCON, BEL
Adani Wilmar: The Adani group and Singapore’s Wilmar International are learnt to have approached several private equity (PE) firms to sell part of their stake in their consumer-staple joint venture, Adani Wilmar.
IRCON: The government will sell up to an 8 per cent stake in IRCON International through an offer-for-sale, which will open on Thursday. It plans to offload 37.6 million equity shares for non-retail investors on Thursday. An additional 4 per cent stake will be sold on Friday if the offer is oversubscribed.
Brent Crude trades below $75 after sharp slump
This is the lowest lvele for Crude oil since June.
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Catch all live market updates here with Business Standard