Nifty, Sensex headed higher – Monday closing report
Moneylife Digital Team 30 August 2021
We had mentioned in previous week’s closing report that Nifty, Sensex move will depend on global reaction to US Fed meeting. On Monday, the indices opened higher and made huge gains. On the NSE, there were 1,424 advances, 612 declines and 90 unchanged.
The trend of the major indices on Monday’s trading are given in the table below:
Bharti Airtel board has approved capital raise of up to Rs 21,000 crore by issuing equity shares of face value of Rs 5 each as rights issue.
Larsen & Toubro’s construction arm won a slew of orders in India and abroad for its various businesses.
L&T Finance Holdings is in advance talks to sell its mutual fund arm to HSBC, after a long delay.
Axis Bank has begun issuing tier-1 debt securities under a Rs 35,000-crore debt raise plan.
Burger King India has entered into discussions to acquire a controlling stake in PT Sari Burger Indonesia, which manages and operates Burger King brand in Indonesia.
Dalmia Cement, a subsidiary of Dalmia Bharat Limited, signed three MoUs with the Government of Jharkhand to invest Rs 758 crores in the state.
Steel Strips Wheels signed an agreement with Tata Steel Long Product for rolling of round bars of various grades for a period of 3 years.
Nazara Technologies plans to acquire OpenPlay Technologies from its existing shareholders Sreeram Reddy Vanga and Unnati Management Consultants LLP for Rs 186.41 crore, in one or more tranches.
Anupam Rasayan signed a letter of intent (LoI) amounting Rs 135 crore with a Japanese multinational chemical company.
Granules India received marketing approval from Health Canada for Acetaminophen Extended-Release Tablets OTC, 650mg for arthritis pain.
Man Infraconstruction was appointed as developer by Maitri Park Cooperative Housing Society Limited in Chembur, Mumbai to undertake redevelopment work on a 9 acre plot.
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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