Key benchmark indices are trading weak in early trade on selling pressure in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was down 266.37 points or 0.51% at 52,208.39. The Nifty 50 index was down 109.90 points or 0.7% at 15,689.45. Asian stocks are trading mixed.
The S&P BSE Mid-Cap index was down 1.95%. The S&P BSE Small-Cap index was down 1.43%.
The market breadth, indicating the overall health of the market, is weak. On the BSE, 845 shares rose and 1699 shares fell. A total of 104 shares were unchanged.
In economic data, Wholesale Price Inflation (WPI) and Consumer Price Inflation (CPI) inflation for May 2021 is due today, 14 June 2021.
Tata Consultancy Services (TCS) announced that it has designed and delivered a key customer experience transformation program for Alcatel-Lucent Enterprise (ALE), a leading provider of communications, networking, and cloud solutions tailored to customers industries, to drive improved sales velocity and revenue growth.
Adani Enterprises said that the company has incorporated a wholly-owned subsidiary namely, Adani Cement Industries (ACIL) on 11th June, 2021 to carry on business as manufacturers, producers, processors of all types of cements.
Info Edge (India) said that the board of directors of the company approved acquisition of 100% of the Share Capital on a fully diluted basis of Zwayam Digital Pvt. Ltd. for an aggregate cash consideration of about Rs 61 crore.
In a major development, the National Securities Depository Limited has taken action against three FPI accounts owning shares worth Rs 43,500 crore in four listed Adani Group companies. Here is all you need to know.
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