Nifty, Sensex reverses gains as the US premarket futures fall – Weekly closing report
Moneylife Digital Team
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We had mentioned in last week’s closing report that Nifty, Sensex will follow global cues on tech stocks. The major indices rallied this week but faced a correction on Friday ending the week with minor gains over previous Friday’s close.
On Monday, the indices opened higher but lost all gains and ended flat. On the NSE, there were 1,175 advances, 728 declines and 85 unchanged.
Muthoot Group Chairman MG George Muthoot was admitted to a hospital after falling from the fourth floor of his house in Delhi and was later declared dead.
IL&FS Transportation Networks Limited arm gets compensation of Rs 707 crores from NHAI equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Nifty, Sensex under pressure due to rising bond yields and global cue – Weekly closing report
Moneylife Digital Team
0
We had mentioned in last week’s closing report that Nifty, Sensex may try to bounce back. The major indices were volatile and ended with major losses. The trend of the major indices in the week is given in the table:
On Monday, the indices suffered a major correction. On the NSE, there were 561 advances, 1,388 declines and 86 unchanged.
Karnataka Bank reported a fraud to the RBI of about Rs 34.16 crore in credit facilities extended to IL&FS Transportation Networks.
Torrent Power emerged as the highest bidder for 51% privatisation of Power Distribution Company in the UT of Dadra & Nagar Haveli and Daman & Diu.
Stocks in news: Jet Airways, PNB Housing, Karnataka Bank, Axis Bank, Inox Leisure
Stocks to watch today on February 22: Jet Airways, PNB Housing, Karnataka Bank, Axis Bank, Inox Leisure among others are the top stocks to watch out for in Monday s trading session
BusinessToday.In | February 22, 2021 | Updated 10:30 IST
Stocks to watch today on February 22
Stocks to watch today: Here is a list of top stocks that are likely to be in focus in Monday s trading session based on latest developments.
Tata Consumer Products: Kottaram Agro Foods Private Limited has become wholly owned subsidiary of Tata Consumer Products after the Tata group company successfully completed the acquisition of 100% of the equity share capital of the company
Stocks to Watch: Tata Consumer, Jubilant FoodWorks, Amara Raja, Jet Airways
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NEW DELHI :
Here’s a list of top 10 stocks that could be in focus on Monday:
Jet Airways: The consortium of asset management firm Kalrock Capital and entrepreneur Murari Lal Jalan, which is currently awaiting bankruptcy court approval to restart Jet Airways, will continue to keep the grounded airline public. The consortium hopes to restart operations within four to six months of getting an approval from the tribunal, which is set to hear the resolution plan on Monday.
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