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Sadbhav Infrastructure Project Limited and Adani Road Transport Limited enter into Share Purchase Agreement for the sale of the equity shares of Maharashtra Border Check Post Network Limited
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Sadbhav Infrastructure Project Ltd posts consolidated loss of Rs 132 97 crores in Q1 FY2021-22
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Indian stocks likely to witness positive momentum as optimism emerge on Covid front
May 07, 2021
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Stocks to watch out for today: CG Power, Sadbhav Infra, Aurionpro, Cupid, Shri Bajrang Alliance, and Zensar Tech.
Positive momentum is likely to continue for Indian stock markets on Friday, thanks to bullish global cues. SGX Nifty is currently ruling at 14,875 (800 am IST), signals a 100-point gap up opening for Nifty futures, which on Thursday closed at 14,769.95.
The US stocks overnight closed strongly higher, with Dow Jones gaining over 300 points and the tech-focused Nasdaq 50 points. Asian stock markets in the morning session too followed suit, as Japan s Nikkei, Korea s Kospi, Taiwan Weighted Index and Australia s ASX are ruling with a gain of between 0.3 per cent and 0.8 per cent.
Sadbhav Infrastructure Project Ltd updates on funding
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Nifty to tumble over 130 points on weak global cues
April 30, 2021
Spotlight will be on quarterly results and progress of Covid-19 vaccination
Indian markets are expected to open slightly lower on Friday, amidst weak global cues emanated from Asian markets. The SGX Nifty, which currently rules at 14,770 at the Singapore Stock Exchange, indicates at least 130 points gap-down opening for Nifty futures, which on Friday closed at 14,901.
According to analysts, the focus will be on progress in Covid pandemic and corporate results.
Though the US market closed on strong note overnight, Asian markets from Japan, to Korea; and Australia to Taiwan are ruling weak in early trade on Friday, as China’s crackdown on technology firms affected the sentiment. The US market overnight ended firm due to strong GDP data.