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Grasim Industries has incorporated a new subsidiary named Grasim Business Services.
The wholly-owned unit will provide business support services including staffing solutions.
Source: Exchange filing
Adani Enterprises has said reports of the company being in talks to potentially acquire a stake in Orient Cement are “factually incorrect.”
Source: Exchange filing
The broader market indices were flat; S&P BSE MidCap was up 0.05%, whereas S&P BSE SmallCap was lower at 0.01%.
Eleven out of the 19 sectoral indices compiled by the BSE advanced, while nine declined in trade.
The market breadth was skewed in favour of the bears. About 1,594 rose, 1,741 declined, 160 137 remained unchanged on the BSE.
Arvind Fashions Ltd., informed in an exchange filing that its CFO Piyush Gupta has resigned due to personal reasons.
Source: Exchange filing
The broader market indices were mixed; S&P BSE MidCap was down by 0.03%, whereas S&P BSE SmallCap opened higher by 0.20%.
Eleven out of the 19 sectoral indices compiled by the BSE declined, while eight advanced in trade.
The market breadth was skewed in favour of the bulls. About 1,418 rose, 1,015 declined, and 137 remained unchanged on the BSE.
Sales of passenger vehicles rose 8.15% to 2.80 lakh units Vs 2.59 lakh
Two-wheeler sales fell 11% to 11.33 lakh units Vs 12.76 lakh units
Sales of three-wheelers jumped 41.5% to 63,655 units Vs 44,983 units
Tractor sales rose 5.2% to 78,563 units Vs 74,653 units
Commercial vehicle sales rose 10.7% to 66,945 units Vs 60,491 units
Source: FADA
The local currency opened 5 paise higher at 82.76 on Thursday. It closed at 82.81 on Wednesday.
Source: Bloomberg
The yield on the 10-year bond opened flat at 7.32% on Thursday.
Source: Bloomberg
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