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Stocks to Watch: Adani Enterprises, DLF, Bank of Maharashtra, Lupin, Ipca Laboratories, Minda, RattanIndia among others

Stocks to Watch: Adani Enterprises, DLF, Bank of Maharashtra, Lupin, Ipca Laboratories, Minda, RattanIndia among others
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

Market may open flat with positive bias - The Hindu BusinessLine

Market may open flat with positive bias June 07, 2021 RInfra, Hero Moto, IOL Chem, Welspun, Rohit Ferro to remain in focus Indian markets are likely to open on a positive note but within the range, amidst positive global cues, easing corona cases and mixed economic data. The BSE Sensex, which narrowly missed topping the all-time high of 52,516.76 on Friday, will remain in focus. The SGX Nifty at 15,733 (8 am IST) indicates a flat-to-positive opening for Nifty futures, which on Friday closed at 15,700.85 on the NSE. Most Asia-Pacific stocks are also listless with markets in Japan, China, Australia and South Korea trading little changed. However, Taiwan equities are down about 0.6 per cent.

Reliance Infra share spikes 10% on selling Santacruz HQ to YES bank

Reliance Infra share spikes 10% on selling Santacruz HQ to YES bank Shares of Anil Ambani-led Reliance Infrastructure rose as much as 9.98 per cent to hit intraday high of Rs 38.55 on the BSE after the firm said it has sold Reliance Center in Santacruz to YES Bank for Rs 1,200 crore BusinessToday.In | April 1, 2021 | Updated 13:40 IST Anil Ambani-led Reliance Infrastructure shares fall 10% on Thursday Shares of Reliance Infrastructure Limited rallied 10 per cent on Thursday after the power generation and infrastructure firm said it has sold Reliance Center, the Mumbai headquarter of Anil Ambani s Reliance Group, to YES Bank for Rs 1,200 crore. The private lenderwill convert the building as its corporate headquarters, as per report.

Reliance Infra sells HQ in Mumbai s Santacruz to YES Bank for Rs 1200 cr

Reliance Infrastructure Limited sold on Thursday its headquarters in Mumbai to YES Bank for Rs 1,200 crore. The bank will convert the building as its corporate headquarters. The entire proceeds from the sale of Reliance Centre in Santacruz will be utilised to repay YES Bank’s debt. With this announcement, Reliance Infrastructure has sold three major assets since January. It sold the Delhi-Agra toll road to Cube Highways and Infrastructure for an enterprise value of Rs.3,600 crore. It then sold is entire 74 per cent equity stake in in Parbati Koldam Transmission Company Limited to India Grid Trust for an enterprise value of Rs 900 crore.

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