Today's Market at 08:45am
US Market (Futures)
Nasdaq = +23
Dow Jones = +116
S&P 500 = +15.80
European (Futures)
Ftse 100 = +6.50
Cac 40 = +21.20
...
Today's Market at 08:45am
US Market (Futures)
Nasdaq = +23
Dow Jones = +116
S&P 500 = +15.80
European (Futures)
Ftse 100 = +6.50
Cac 40 = +21.20
Dax = +76.40
Asian
Nikkei 225 = -360.50
ASX 200 = -49.60
Straits Times = -4.38
Hang Seng = -128.86
Taiwan weighted = -199
Kospi = -9.28
China A50 = -83.47
Gift Nifty = 22591 (+21)
FII and DII Trading Activity for February 24, 2025 in Cash market:
FIIs: Net Sell of ₹6286.70 crore
DIIs: Net Buy of ₹5185.65 crore
Results Today
SpiceJet, Rain Industries, Enkei Wheels India, and Vuenow Infratech will release their earnings scorecard on February 25.
Stocks to Watch:
UPL: UPL Holdings Brazil BV invested an additional $53.85 million in Sinova Inovações Agrícolas S.A., increasing its stake from 38.96% to 49.97%.
Welspun Corp: Incorporated a wholly owned subsidiary, Welspun Europe S.A., in Spain.
SBI Life Insurance: Dorababu Daparti appointed as Deputy CEO, effective February 24.
ONGC: Investing Rs 1,200 crore in ONGC Green (OGL) via a rights offer, enabling OGL to acquire 100% of PTC Energy.
NTPC: Along with NTPC Green Energy, signed MoUs with the Madhya Pradesh government to invest over Rs 2 lakh crore in renewable energy projects.
Waterbase: Chola Varma Alluri appointed as COO and senior management personnel, effective February 24.
Shree Cement: Received a Rs 41.1 crore GST demand order from Bihar’s State Tax authority for excess ITC availed.
Refex Industries: Subsidiary Venwind Refex Power (VRPL) incorporated Venwind Refex Power Services (VRPSL), making it a step-down subsidiary.
Texmaco Rail & Engineering: Signed an MoU with Polish company Nevomo for high-speed rail solutions and predictive track maintenance.
Nazara Technologies: Acquired an additional 38.57% stake (6,51,204 shares) in Funky Monkeys for Rs 28.7 crore, increasing its holding to 60%.
LIC: Received a Rs 57.3 crore GST demand order for FY2020-21 due to excess ITC availed.
Biocon: Subsidiary launched Yesintek, a Stelara biosimilar, in the U.S. for treating Crohn’s disease, ulcerative colitis, plaque psoriasis, and psoriatic arthritis.
KEI Industries: Reappointed Rajeev Gupta as CFO & Executive Director (Finance) for five years.
Dipna Pharmachem: Board approved a fundraise of up to Rs 100 crore via convertible warrants.
Public Sector Banks & Financial Institutions: DIPAM invited bids from merchant bankers for assisting in government stake sales in public sector banks and listed financial institutions.
Bulk Deals
Kisan Mouldings:
The promoter entity, Apollo Pipes, bought 6 lakh shares in the company at an average price of Rs 48.11 per share.
Sampann Utpadan India:
Antara India Evergreen Fund bought a 2.29% stake in the company at an average price of Rs 29.96 per share. However, Davos International Fund sold a 2.33% stake at the same price.
Stock Trades Ex-Dividend
SBI Cards and Payment Services
Stock Trades Ex-Date for Resolution Plan - Suspension
Global Infratech & Finance
Stocks in F&O ban
Chambal Fertilisers and Chemicals Manappuram Finance