on the financial front, industry participants will be eyeing the Markit Manufacturing PMI and Services PMI information on January 4 and January 6, respectively.
Domestic equity benchmarks BSE Sensex and Nifty 50 had been probably to open in the positive territory on Monday, as recommended by trends on SGX Nifty in early trade. Nifty futures had been trading 147.75 points or 1.06 per cent greater at 14,117.80 on Singaporean Exchange. Last week, benchmark indices rose to record levels on the back of coronavirus vaccination rollout about the planet. Earnings season begins this week with TCS (Tata Consultancy Services) outcomes scheduled on January 8. While on the financial front, industry participants will be eyeing the Markit Manufacturing PMI and Services PMI information on January 4 and January 6, respectively.
Stock in concentrate today-
Reliance Industries Ltd: Capital industry regulator Securities and Exchange Board of India (Sebi) on Friday imposed penalties on RIL, its Chairman and Managing Director Mukesh Ambani as properly as two other entities for alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007.
BEML: The Centre on Sunday invited expression of interest (EoI) from strategic investors for 26% stake in BEML, along with management manage, adding 1 more central public sector enterprise (CPSE) to the pipeline of state-owned firms getting place on the block. The final date for filing EoI for BEML is March 1, 2021.
Antony Waste Handling Cell: On Friday, Edelweiss Finvest sold 2.51 lakh equity shares of the newly listed Antony Waste Handling Cell at Rs 439.7 per share by means of bulk bargains on the NSE.
Rashtriya Chemical and Fertilizers Ltd: The government is arranging to sell 10 per cent stake in RCFL and invited bids from merchant banker and legal firms for managing the share sale course of action. The government holds 75 per cent stake in RCFL and intends to disinvest 10 per cent of the paid up equity capital by means of an supply for sale (OFS).
Adani Green: Adani Green Energy Ltd mentioned its wholly-owned subsidiary Adani Renewable Energy Holding Eight Ltd (AREHEightL) has been awarded a 600-megawatt wind-solar hybrid energy project by Solar Energy Corporation of India.