Today's Market at 08:35am
US Market (Futures)
Nasdaq = +68.60
Dow Jones = +64.70
S&P 500 = +13.20
European (Futures)
Ftse 100 = +15.70
 ...
Today's Market at 08:35am
US Market (Futures)
Nasdaq = +68.60
Dow Jones = +64.70
S&P 500 = +13.20
European (Futures)
Ftse 100 = +15.70
Cac 40 = +15.00
Dax = +37.50
Asian Indices
Nikkei 225 = +215.08
ASX 200 = -6.70
Straits Times = +15.62
Hang Seng = +11.43
KOSPI = +21.80
Taiwan weighted = -146.03
China A50 = +67.38
Gift Nifty = 22948 (+18.00)
FII and DII Trading Activity for March 18, 2025 in Cash market:
FIIs: Net Buy of ₹694.57crore
DIIs: Net Buy of ₹2534.75 crore
Bajaj Auto:
Rajivnayan Rahulkumar Bajaj reappointed as MD & CEO for five years, starting April 1. Abhinav Bindra appointed as Non-executive Independent Director, effective May 20. Additional fund infusion of up to ₹1,500 crore into Bajaj Auto Credit.
Zydus Lifesciences:
Received USFDA approval to manufacture Apalutamide tablets (60 mg) for prostate cancer. US sales for Apalutamide tablets were $1,099.8 million (IQVIA MAT January 2025).
GR Infraprojects:
Won a ₹4,262.78 crore project from NHAI for constructing the Agra-Gwalior Greenfield road on a BOT (Toll) basis.
ESAF Small Finance Bank:
Board to meet on March 21 to discuss fund raising via non-convertible debentures (Tier II bonds).
Granules India:
Granules Europe, a subsidiary, voluntarily dissolved on March 18 following a business model shift.
Strides Pharma Science:
Generic Partners UK, a non-operating step-down subsidiary, dissolved on March 18. No financial impact on FY24 turnover.
LIC:
Denied binding agreements in reports about entering the health insurance business. In advanced talks to acquire a stake in a standalone health insurance firm.
Dr Reddy’s Laboratories:
FDA accepted the BLA submission for AVT03 (biosimilar to Prolia and Xgeva), developed with Alvotech.
Bharat Petroleum Corporation (BPCL):
Signed an MoU with BluJ Aerospace, ANERT, Kerala Government, and CIAL to develop a hydrogen-fueled VTOL aircraft ecosystem.
Zen Technologies:
Acquired a 45.33% stake in Bhairav Robotics, making it an associate company.
Uflex:
Subsidiary Flex Middle East, FZE established Flex Films AZB AFEZCO in Azerbaijan for BOPP film production and regional sales.
Bulk Deals:
Brookfield India REIT :
Sponsors sold 3.11 crore units at an average price of ₹283-₹283.04.
360 ONE Portfolio Managers and Prime acquired 1.18 crore units at ₹283 per unit.
Jyoti Structures:
Sun-N-Sand Hotels acquired a 0.58% stake at an average price of ₹17.09 per share.
SME Listing on March 19
Super Iron Foundry
Stocks Trade Ex-Dividend
Power Finance Corporation, AGI Infra
Stocks in F&O ban
BSE, IndusInd Bank, Hindustan Copper, Manappuram Finance, SAIL
Source: Moneycontrol, Investing.com, NSE India