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Positive open seen for markets - The Hindu BusinessLine


Positive open seen for markets
June 30, 2021
 
Markets are expected to open marginally higher, indicates a trend from SGX Nifty, Singapore. However, most global markets are ruling in the flat-to-negative territory, signalling volatility.
According to market experts, after two consecutive days of fall, markets will try to regain some strength. Besides, today being the last date of the first quarter (June), markets generally remain resilient due to fund managers’ portfolio churning activity. However, the key concern is the rise of new Covid variant, said analysts.
Currently, SGX Nifty is ruling at 15,827, a 40-point gap-up opening for Nifty futures, which on Tuesday closed at 15,785. The spot Nifty closed at 15,748.45. ....

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Technical snag shuts five units at Rengali Hydroelectric Project


Technical snag shuts five units at Rengali Hydroelectric Project
Set up to generate power from river Brahmani here, the 250 MW Rengali Hydroelectric plant produces 150 MV power daily, all of which is evacuated to the State grid.
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Officials of Odisha Hydro Power Corporation Ltd (OHPCL), which executes the Rengali Project, rushed to the power plant to monitor the situation. (Representational Photo)
By Express News Service
ANGUL: Power generation from the Rengali Hydroelectric Project in the district has stopped since Saturday due to a major technical snag. The fault was detected in unit 4 of the power plant but all five units were shut due to safety reasons.  ....

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