The NSE and BSE are conducting a special trading session in two parts today.
First slot will take place on the normal site from 09:15 to 10:00 AM; while for the second slot, trading will be switched to its Disaster Recovery Site (DRS) to test its preparedness for any unforeseen events, from 11:30 to 12:30 pm.
Overnight in the US, the S&P 500 and Nasdaq scaled fresh record highs. Dow Jones gained 0.2 per cent, while the S&P 500 and Nasdaq jumped 0.8 per cent and 1.1 per cent, respectively.
Here are some stocks to watch:
Torrent Power: IT has bagged a project worth Rs 440 crore from NTPC Vidyut Vyapar Nigam for the supply of power from gas based power projects.
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Aurobindo Pharma: It has received US FDA approval for marketing Fingolimod Capsules, 0.5 mg, which are used to treat relapsing forms of multiple sclerosis.
JSW Steel: The company’s step-down subsidiary, JSW Steel Italy SRL, has signed a MoU with the Ministry of Industry and Made in Italy, the Tuscany Region and the Municipality of Piombino to commence and relaunch the steelworks site of Piombino.
Welspun Corp: The company’s step-down subsidiary, Sintex Advance Plastics (SAPL), plans to set up a manufacturing facility for plastic pipes and water storage tanks in Madhya Pradesh with an investment of Rs 400 crore.
Cipla: The pre-approval inspection was conducted by the US FDA at the manufacturing facility of subsidiary Cipla (Jiangsu) Pharmaceutical in Qidong, Jiangsu Province, China, from February 26 to March 1. The inspection concluded with zero Form 483 observations.
First Published: Mar 02 2024 | 8:09 AM IST