NTPC: The state-owned power giant said it has set a target to install 60 gigawatts (GW) of renewable energy (RE) capacity by 2032. NTPC has become India s first energy company to declare its energy compact goals as part of the UN High-level Dialogue on Energy (HLDE).
InterGlobe Aviation: The parent of the country s largest airline IndiGo s shareholders have approved a proposal to raise up to Rs 3,000 crore. The funds would be raised through the Qualified Institutional Placement route.
Thryocare Technologies: The startup Pharmeasy on Friday announced acquiring established diagnostics chain Thyrocare Technologies in a deal worth over Rs 6,300 crore, including buying the controlling stake from its 62-year-old founder A Velumani.
Yuan unchanged at 6.4563 against the greenback
Crude oil hits October 2018 highs
Oil prices climbed to highs last seen in October 2018 on Monday as the United States and Iran wrangled over the revival of a nuclear deal, delaying a surge in Iranian oil exports, while investors eyed the outcome of the OPEC+ meeting this week. Brent crude for August had gained 22 cents, or 0.3%, to $76.40 a barrel by 0051 GMT while U.S. West Texas Intermediate crude for August was at $74.30 a barrel, up 25 cents, or 0.3%.
Q4 earnings today
Hindustan Aeronautics, National Aluminium Company, Graphite India, NLC India, IFCI, Triveni Turbine, Welspun Corp, Kiri Industries, Federal-Mogul Goetze, Tamilnadu Petroproducts, GIC Housing Finance, Brightcom Group, GFL and Federal Mogul Goetze are among the companies that will announce their March quarter results today.
Markets likely to open on a flat note
June 28, 2021
Consolidation phase likely to continue, say analysts Domestic markets are expected to open the new week on a positive-to-flat note amid mixed global cues. Market experts said the market would largely remain in a consolidation phase before taking a clear direction.
The SGX Nifty is currently ruling at 15,900 indicates (8 am) against the July futures at 15,888, and the spot close of 15,860.95.
Last week, the US markets closed with a mixed tone, with tech-focussed Nasdaq slipping marginally even as the Dow Jones Industrial Average and the broader S&P 500 closed higher, with the latter hitting a record high on Friday.
Indices open at record high: Sensex tops 53,400, Nifty at 15,915
File
The markets opened on a positive notes with the indices touching record levels on Monday in opening trade tracking gains in heavyweights Reliance Industries, ICICI Bank and HDFC. After touching a lifetime high of 53,126.73, the 30-share BSE index was trading 142.85 points or 0.27 percent higher at 53,067.89 in initial deals. The broader Nifty 50 index was just shy of 16,000, rising 130 points. It was trading 42.25 points or 0.27 percent higher at 15,902.60. It touched a lifetime intra-day peak of 15,915.65 in the opening session.
Majority of the Nifty sectoral indices traded in the green, led by Nifty PSU Bank index, up 1.8 percent. ONGC, Reliance were among leading gainers on the Nifty in opening trade.
Indices off day s high; breadth strong business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.