Stock Market LIVE: DAC Likely To Approve Rs 80,000 Crore-Worth Deals
- Defence Acquisition Council (DAC) likely to approve Rs 80,000 cr worth of defence procurement deals
- Defence Minister Rajnath Singh to chair the DAC meeting today at 12 PM
- Procurement of Embraer-based Airborne Early Warning System, NETRA AEW integration on agenda
- Meeting likely to end by 4 PM
Sources to NDTV Profit
Stock Market LIVE: GRM Overseas Bonus Issue Update
GRM Overseas’ board has allotted 12.3 crore shares as part of its bonus issue in a 2:1 ratio, the company said in an exchange filing.
The board has also fixed December 24 as the record date for the bonus issue.
Stock Market LIVE: Varun Beverages Shares In Focus
About 2.09 million shares of Varun Beverages changed hands in two block trades. Shares of the company are trading 0.44% higher at Rs 479.70 apiece currently.
Stock Market LIVE: Apollo Micro Systems Order Win
Apollo Micro Systems has received orders worth Rs 100 crore for the supply of unmanned aerial systems from a private company, according to an exchange filing.
Stock Market LIVE: Defence Shares Rally
Shares of defence companies, including Bharat Electronics Ltd. and Bharat Dynamics Ltd., saw an uptick on Friday, ahead of the Defence Acquisition Council meeting scheduled later in the day.
Stock Market LIVE: Vikran Engineering Shares Surge
Shares of Vikran Engineering Ltd. are trading with gains of more than 4% on Friday's trade after the company announced a fresh order win amounting to Rs 459.2 crore.
Stock Market LIVE: Here's Why IEX Shares Are Facing Pressure In Trade Today
Shares of Indian Energy Exchange (IEX) Ltd. is facing immense pressure in trade on Friday following media reports of the Central Electricity Regulatory Commission (CERC) considering revisions in transaction fees.
The stock is trading at Rs 136, accounting for a fall of around 2%. In early trade, shares of IEX had reached an intraday low of Rs 133, compared to Wednesday's closing price of Rs 139.13.
Stock Market LIVE: Ola Electric Shares Surge
Ola Electric's shares rose over 4% as the company received government approval for a Rs 367 crore incentive payout under the Production-Linked Incentive (PLI) scheme.
Stock Market LIVE: Yes Bank Receives GST Demand Notice
Yes Bank has received a GST demand notice of Rs 3.3 crore pertaining to FY22, the bank said in an exchange filing.
Stock Market LIVE: Nifty, Sensex Trade Lower
Stock Market LIVE: Nifty, Sensex Trade Lower At Pre-Open
Stock Market LIVE: Coforge In Potential Acquisition Discussions
Coforge is in advanced discussions for a potential acquisition valued at over $1 billion, according to people familiar with the matter.
Source: Media Reports
Stock Market LIVE: Titan To Launch New Jewellery Brand
Titan Company said it will launch a new jewellery brand, ‘beYon’, in Mumbai on December 29.
According to the exchange filing, beYon will offer a curated range of lab-grown diamond jewellery, marking Titan’s entry into the fast-growing lab-grown diamond segment.
Stock Market LIVE: Japan’s November Industrial Output
Japan’s November industrial output fell 2.6% month-on-month, lower than the expected 2.0% decline.
Retail sales in November rose 0.6% month-on-month, beating estimates of a 0.4% increase.
Stock Market LIVE: Stichting Frisse Wind Initiates Proceedings Against Tata Steel
Stichting Frisse Wind initiated proceedings against two arms
Proceedings pertain to allegations which hold arms liable for alleged damages Velsen-Noord ops
SFW seeks approximately €1.4 bn in compensation
Co has strong arguments to defend against claims
Source: Exchange Filing
Stocks To Watch Today: Ola Electric, Swiggy, Eternal, L&T
Ola Electric: Received government approval for a Rs 367 crore incentive payout under the Production-Linked Incentive (PLI) scheme for automobiles and auto components. The claim pertains to sales value in fiscal 2025.
Swiggy and Eternal: Gig and platform delivery workers called for an all-India strike on Dec. 25 and 31. Workers from Swiggy, Zomato, Zepto, Blinkit, Amazon and Flipkart participated, according to unions. Quick-commerce deliveries were suspended in parts of Gurugram.
L&T: Transportation & Infrastructure vertical secured an order worth Rs 1,000–2,500 crore from Mumbai Metro.
Stock Market LIVE: GIFT Nifty Indicates Muted Open
Good morning readers!
The GIFT Nifty was trading near 26,130 early on Friday. The futures contract based on the benchmark Nifty 50 was down 41 points at 26,130.50 as of 7:05 a.m., indicating a tepid start for the Indian markets.
In the previous session on Wednesday, the benchmarks ended lower. The Nifty 50 ended 0.13% lower at 26,142.10 while BSE Sensex closed 0.14% lower at 85,408.70.
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