Key sentence:
- Sensex and Nifty were probably going to open lower.
- On Friday, Sensex shut 975 points higher at 50,540, and Nifty finished 269 points higher at 15,175.
Sensex and Nifty were probably going to open lower as Nifty prospects on the Singapore Exchange exchanged 74.50 focuses or 0.49 per cent lower at the 15,151.50 level.
On Friday, Sensex shut 975 focuses higher at 50,540, and Nifty finished 269 focuses higher at 15,175. On Sensex, top gainers were HDFC Bank, SBI, ICICI Bank, Axis Bank, HDFC, IndusInd Bank and Kotak Bank, ascending to 4.48%.
Also read: The-death-toll-from-covid-19-in-India-has-surpassed-300000-fall-in-daily-cases.
Here’s a glance at stocks that are probably going to stay in the news today.
Legend MotoCorp: The bike maker on Saturday said it would continue vehicle producing at all its industrial facilities from 24 March as instances of Coronavirus contaminations have begun falling the nation over.
JSW Steel: The firm detailed Q4FY21 solidified net benefit at Rs 4,191 crore from Rs 188 crore, while income rose 50.6 per cent to Rs 26,934 crore from Rs 17,887 crore, YoY.
Jaypee Infratech: The lenders’ board of Jaypee Infratech will hold a gathering today to examine entries made by state-possessed NBCC about its goal plan, not long before the beginning of the booked democratic interaction on Suraksha gathering’s offer.
Shree Cement: The organization’s Q4FY21 benefit rose 30.5 per cent to Rs 767.6 crore from Rs 588.1 crore, and income climbed 22.2 per cent to Rs 3,930.8 crore from Rs 3,217.5 crore, YoY.
JSW Steel: The organization has named media reports saying that it was gauging a bid for Liberty Steel’s resources in the UK as “theoretical” and “deceiving.”
Punjab and Sind Bank: The loan specialist posted benefit in Q4FY21 after eight continuous quarters of misfortunes. It detailed a net benefit of Rs 161 crore on the rear of progress in healing and a decrease in terrible credits.
Multi Commodity Exchange: The organization’s board has suggested the last profit of Rs 27.60 per share for FY21.
Force Grid Corporation: The organization’s board and council of loan bosses got a rundown free from projects during their new gatherings. The board supported undertakings worth Rs 1,761,3 crore, while the panel cleared tasks worth around Rs 441 crore.
Minda Industries: Its board supported obtaining 33,750 value portions of particular reason vehicle CSE Dakshina Solar Private Ltd of assumed worth Rs 10 each along with some hidden costs of Rs 70, collecting to Rs 27,00,000.
With this securing, the organization holds 27.55% of the absolute settled up share capital of the SPV.
Amara Raja: The battery producer logged a 45% ascent in benefit before charging in Q4 of FY21 to Rs 873.33 crore from Rs 840.68 crore a year prior. The board suggested the last profit of Rs 6 for each offer.
Adani Green: The organization’s unit Adani Renewable Energy Holding Four Ltd has moved 74% shareholding of MSEL to Adani Tradecom, it said in an administrative recording.
