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market outlook: Ahead of Market: 12 things that will decide stock action on Friday

By Sabari Saran NEW DELHI: Asian markets extended losses on Thursday, perpetuating the weak sentiment from the US tech rout. But mild gains in US stock at the opening tick later in the day held out promise for Fridayโ€™s session on Dalal Street, which was shut on Thursday for a public holiday. Nifty slipped 1 per cent on Wednesday, and in the process, formed a Bearish Belt Hold pattern on the daily chart. Analysts said the 50-pack is facing a stiff hurdle on the higher side, especially in the 1...
India General West Bengal United States Balaxi Pharmaceutica Jagsonpal Pharma Suvidhaa Infoserve

BSE Smallcap index hits new high; HLE Glascoat zooms 108% in a month

Shares of smallcap companies were in focus in Fridays trade as the S&P BSE Smallcap index hit a new high of 21,411, up 1 per cent, on the back of a strong rally in power, textiles, jewellery, industrial machinery, chemicals and packaging stocks. The smallcap index surpassed its previous high of 21,389 touched on March 3, 2021. In comparison, the S&P BSE Sensex was up 0.73 per cent and the S&P BSE Midcap index was up 0.82 per cent. Shares of Vascon Engineers, Mahanagar Telephone Nigam Limited...
India General Olectra Greentech Jindal Poly Films Indian Overseas Bank Mahanagar Telephone Nigam Limited Energy Systems

SEBI Exempts Family Trust Linked To Vascon Engineers Promoters From Open Offer Obligation

BW Businessworld SEBI Exempts Family Trust Linked To Vascon Engineers Promoters From Open Offer Obligation Sebi noted that objective of the proposed acquisition is to achieve efficient succession planning as well as for holding the controlling interest in Vascon Engineers in one entity rather than spreading the holding amongst different individuals which may not be in the best interests of the company. Photo Credit : Markets regulator Sebi has exempted Vasudevan Family Trust from making an op...
Lalitha Vasudevan Ramamoorthy Vasudevan Vasudevan Family Vascon Engineers Vasudevan Family Trust Substantial Acquisition

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