Today's Market at 08:45am
US Market (Futures)
Nasdaq = +50.70
Dow Jones = +27
S&P 500 = +9.40
European (Futures)
Ftse 100 = +41.30
Cac 40 = -32
&...
Today's Market at 08:45am
US Market (Futures)
Nasdaq = +50.70
Dow Jones = +27
S&P 500 = +9.40
European (Futures)
Ftse 100 = +41.30
Cac 40 = -32
Dax = -105.30
Asian
Nikkei 225 = -726
ASX 200 = -57.90
Straits Times = +12.14
Hang Seng = -139.52
KOSPI = -14.90
Taiwan weighted = -159.23
China A50 = +35.55
Gift Nifty = 22104.50 (-23.50)
FII and DII Trading Activity for March 3, 2025 in Cash market:
FIIs: Net Sell of ₹4788.29 crore
DIIs: Net Buy of ₹8790.70 crore
Stocks to Watch:
ASK Automotive: Signed a technical assistance and license agreement with Kyushu Yanagawa Seiki Co., Japan (KYSK) for high-pressure die-cast alloy wheel production for two-wheelers.RBL Bank: GST authorities searched three offices in Maharashtra; the bank is cooperating. Appointed Narendra Agrawal as President & Head of Branch Banking and Retail Liabilities, and T.S. Pari as Chief Operations Officer.
CEAT: Received the Certificate of Incorporation for its Sri Lankan subsidiary, CEAT OHT Lanka (Private) Limited.
Xchanging Solutions: Swaminathan Swaminathan appointed as MD & CEO for three years from March 4, succeeding Nachiket Vibhakar Sukhtankar, who resigned on March 3.
UCO Bank: Sourav Kumar Dutta resigned as Chief Technology Officer, effective March 3.
Onix Solar Energy: Dipanshi Lunagariya resigned as Chief Financial Officer, effective March 3.
Godrej Properties: Cancelled its March 3 agreement with TCM for land development in Kochi. No financial impact.
REC: Board meeting on March 7 to consider a revision in its market borrowing program for FY 2024-25.
Indian Energy Exchange: February electricity trading volume rose 9% YoY to 9,622 MU. Day-Ahead Market price fell 11% YoY to ₹4.38/unit. DAM volume grew 14% YoY, and Real-Time Market volume rose 23% YoY.
Newjaisa Technologies: Amazon India plans to shut its refurbished product category by March 2025, impacting Newjaisa’s business. However, it has partnered with a major South Indian retailer operating 400+ outlets.
Anlon Technology: Mukhaddas appointed as Chief Technology Officer from March 4.
Uno Minda: Rajeev Gandotra retired as CEO of LAS-2; Vivek Jindal elevated as CEO of consolidated LAS Domain. Opened an R&D center in the Czech Republic for advanced lighting solutions.
Sunteck Realty: Incorporated a wholly owned subsidiary, Eximius Buildcon (EBPL).
Wendt India: Approved incorporation of a wholly owned subsidiary in Germany for European expansion.
Intellect Design Arena: Completed partnership agreement with Central 1 Credit Union, taking over digital banking operations for 170+ credit unions and banks in Canada.
Bulk Deals:
Dr Agarwals Eye Hospital: Malabar India Fund acquired 1.14% stake (₹20.01 crore), while Kiftar In LLC sold 0.89% stake (₹15.66 crore).
Balaxi Pharma: EBISU Global Opportunities Fund and Unico Global Opportunities Fund acquired shares from MGC Fund and Elara India Opportunities Fund, respectively, at ₹53 per share.
SME Listing on March 4
Nukleus Office Solutions
Stocks Trade Ex-Date for Resolution Plan -Suspension
Alka India PAE
Stocks Trade Ex-Date for Split
Coastal Corporation, Mangalam Global Enterprise.
Stock Trades Ex-Income Distribution (InvIT)
Capital Infra Trust
Source: Moneycontrol, Investing.com