Nifty, Sensex continue to remain bullish - Monday closing report
Moneylife Digital Team 06 September 2021
We had mentioned in previous week’s closing report that Nifty, Sensex were headed higher. On Monday, the indices opened higher and closed with minor gains. On the NSE, there were 978 advances, 985 declines and 90 unchanged.
 
The trend of the major indices on Monday’s trading are given in the table below:
 
 
Reliance Industries subsidiary Reliance Strategic Business Ventures acquired 2.28 crore equity shares in Strand Life Sciences for Rs 393 crore. 
 
Welspun India claimed to have become the first Indian company to receive one of the stringent and most recognised quality approvals—US Food and Drug Administration 510 (k) clearance for its 3-ply surgical masks.
 
ICICI Lombard received the final approval from the insurance regulator IRDAI for the proposed scheme of arrangement with Bharti AXA General Insurance Company.
 
Ashoka Buildcon received a letter of award from Adani Road Transport for an EPC contract for six laning of the NH-19 corridor in West Bengal for a price of Rs 1,567.45 crore.
 
Chennai Petroleum Corporation Limited awarded a project to Engineers India for a value of Rs 1,039 crore.
 
M&M Financial Services reported disbursements of Rs 2,150 crore in August 2021, 57% higher over the August 2020 figure.
 
The RBI approved Jammu and Kashmir government’s proposal to acquire 16,76,72,702 shares on a preferential basis in the bank.
 
Ahluwalia Contracts India secured new order worth Rs 890 crore for the construction of an Animal Science University at Patna in Bihar.
 
TARC Limited has completed sale of its warehousing asset in North Delhi to an affiliate of funds controlled by Blackstone Inc, for a total consideration of Rs 295 crore.
 
Action Construction Equipment approved the raising of funds by issuance of securities by way of private offerings for up to Rs 175 crore.
 
Zen Technologies secured an order of around Rs 155 crore from Indian Air Force (IAF) for the supply of Counter Unmanned Aircraft Systems (CUAS).
 
VA Tech Wabag secured a USD 11.45 million order from Dialog E&C Sdn. Bhd., Malaysia for establishing a new effluent treatment plant for Pengerang Integrated Complex in Johor, Malaysia.
 
Gensol Engineering received a work order from a reputed client in Gujarat for fixed lump-sum contract price of Rs 6.88 crore.
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 
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