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Nifty, Sensex down 5th Week in a row – Weekly Closing Report

On Monday, 2062 stocks advanced, 1675 declined and 170 remained unchanged, with an advance decline ratio of 1.23 on the Bombay Stock Exchange (BSE), indicating a negative closing of stocks in broader markets. Domestic equities prompted buying, notably in the IT sector, as a result of the global market s recovery following a big slump.

Nifty, Sensex Listless - Tuesday Closing Report

On Tuesday, 2212 stocks advanced, 1445 declined and 128 remained unchanged, with an advance decline ratio of 1.53, indicating a positive closing of stocks in broader markets. Ongoing concerns about continued global uncertainty hindered Indian shares ability to sustain their upward pace, even in the face of supportive international markets. IT and pharmaceuticals, two industries strongly linked to the Western economy, suffered setbacks, while power stock and mid- and small-cap stocks linked to government spending and private capital expenditure, remained strong.

IL&FS transfers Pune Sholapur Road asset to Invit at enterprise value of ₹2,000 cr

‘With this transfer, secured lenders of this asset will get full recovery of their dues under the Invit structure while the group lenders will be issued Invit units as settlements for their loans,’ IL&FS said

IndiGrid acquires Raichur Sholapur Transmission Company for Rs 250 crores - New Delhi Times

India Grid Trust or IndiGrid Company announced on Tuesday that it is acquiring all stakes of Raichur Sholapur Transmission Company for Rs 250 crores. IndiGrid said that it has signed a share purchase agreement for entire acquisition of share holding on July 30. In the next process, the company has to acquire all the required…

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