Market News:-
- The market erased more than half of gains due to selling in oil, banks and select FMCG stocks. The Sensex rose 37.29 points to 25306.93 and the Nifty advanced 17.45 points to 7730.50.
- The broader markets also lost some shine, rising 0.3 percent each but the market breadth remained positive. About 1325 shares advanced against 750 declining shares on BSE.
- Shares of Adani Enterprises today surged nearly 8 percent after the company's USD 21.7 billion coal mine project in Australia won three mining leases. Adani's 21.7 billion dollars coal mine project in Australia yesterday won three mining leases but the Indian mining giant said a final decision on investment will be taken only after the resolution of "politically-motivated" legal challenges against its plans to build one of the world's largest coal mines. Queensland minister for Natural Resources and Mines Anthony Lynham approved the individual lease grant for 70441 Carmichael, 70505 Carmichael East and 70506 Carmichael North, which are estimated to contain 11 billion tonnes of thermal coal.
- Infibeam Incorporation shares started off day with gain of 5.8 percent on debut Monday. The stock listed at Rs 457 on National Stock Exchange against issue price of Rs 432.
No comments:
Post a Comment