✦#SGXNifty is 12.5 points down & Asian markets are down, indicating a negative bias for Indian markets
✦#InoxGreenEnergy has acquired a majority stake of 51% equity shares in #IFoxWindtechnikIndia, an Independent O&M wind service provider
#India: Pre-Open
✦#NBCCIndia has received the job assignment of a PMC for complete planning, design, execution/ construction of buildings and its services and other works of existing buildings at MNNIT, Allahabad. The project is worth Rs 350 crore #StockMarket#nseindia#BSE
2/7
#India: Pre-Open
✦#PVR has opened 11 screen multiplex in Lucknow, Uttar Pradesh. This will strengthen the company's foothold in Uttar Pradesh with 158 screens in 32 properties and consolidates the entity's presence in North India with 438 screens in 100 properties #NSE#BSE
3/7
#India: Pre-Open
✦#EdelweissFinancialServices has received the shareholders’ approval for the proposed demerger of its Wealth Management business. The demerger will pave the way for the listing of Nuvama Wealth Management (NWML), earlier known as Edelweiss Wealth Management
4/7
#India: Pre-Open
✦#TubeInvestments, subsidiary #TICleanMobility has signed definitive documents with Tube Investments, Multiples Private Equity Fund III, State Bank of India, along with other co-investors to raise capital up to Rs 1,950 crore in form of equity and CCPS #NSE
5/7
✦#PhoenixMills Subsidiary #PalladiumConstruction has completed the acquisition of a prime land parcel, approximately 5.5 acres, in Alipore, Kolkata, for Rs 414.31 crore
✦#PiramalEnterprises board of directors on March 1 will consider the issue of secured, rated, listed, redeemable NCDs up to Rs 100 crore along with an option to retain oversubscription up to Rs 500 crore on a private placement basis
✦Indices opened flat in the morning & #Nifty was consolidating between 17,300 & 17,400 in the morning, then fell 146 points intraday, took support around 17,250 & recovered 87 points & finally closed at 17,303.95
✦Mid-caps & small-caps witness buying pressure as their respective indices rose 0.74% & 0.41%. Pharma, Healthcare & Oil & Gas stocks drag the index, while Media, Real Estate & Auto stocks rise
With the US Fed & Major Central Banks increasing their interest rates across the globe, we all see notable fluctuations in forex prices before & after these major events. Forex is the most liquid market on the planet, let's discuss about what moves the currencies #currencies 1/8
Amongst many theories of forex pricing, the most basic & one of the earliest developed theories were the "Mint Par Theory" & "Purchasing Power Theory". Come let's explore these theories
Now, let's move on to a very interesting concept that many market participants scrutinize, the #BigmacIndex. Further, let's discuss the "Balance of Payments Theory"
✦Indices opened flat in the morning & #Nifty was consolidating between 17,400 & 17,300, but broke the support & fell 146 points intraday & now trading between 17,250 & 17,300
✦Mid-caps & small-caps witness buying pressure as their respective indices rose more than 0.1%. Pharma, Healthcare & FMCG stocks drag the index, while Media & Consumer durable stocks trade in green
#India: Pre-Open
✦#NCLAT has granted a stay on the #NCLT order with respect to IBC proceedings initiated against #Zee. Accordingly, Zee will move out of the IBC framework, and the corresponding surveillance actions on the company will be reverted #StockMarket#nseindia#BSE
#India: Pre-Open
✦#TataSteel has received approval from the Committee of Directors for allotment of 2.15 lakh NCDs, with an 8.03% fixed coupon rate, having a FV of Rs 1 lakh, amounting to Rs 2,150 crore, for a tenor of 5 years, to investors on a private placement basis #NSE
✦Inidces opened with a gap down in the morning & #Nifty continued the downtrend as it fell 144 points intraday, then took support around 17,300 twice & finally closed at 17,392.7
✦Mid-caps & small-caps closed in red as the mid-cap index fell 0.69% & small-cap index fell 1.12%. Media, Metal & IT stocks dragged the index, while Real Estate, Banks & Financial Service stocks closed in green
✦Indices opened with a gap down in the morning & #Nifty continued the downtrend as it fell 143 points intraday, then recovered 97 points & fell another 98 points & now trading around 17,350
✦Mid-caps & small-caps witness selling pressure as their respective indices fell more than 1% each. Media, Metal & IT stocks drag the index, while Banks & Real Estate stocks trade in green
✦#IRBInfrastructureDevelopers rose more than 2% after the company announced that it has received LoA from #NHAI for a project worth Rs 2,132 crore in Gujarat