Today's Market at 08:20am
US Market (Futures)
Nasdaq = -41.50
Dow Jones = -58.70
S&P 500 = -10.10
European (Futures)
Ftse 100 = -7.70
Cac 40 = -18.90
Dax = -81.50
Asian
Nikkei 225 = +282.01
ASX 200 = +46.20
Straits Times = +30.59
Hang Seng = -545.56
KOSPI = -12.17
Taiwan weighted = +123.55
Shanghai (SSE) = -6.98
Gift Nifty = 23,774.50 (+79.50)
FII and DII Trading Activity for March 25, 2025 in Cash market:
FIIs: Net Buy of ₹3055.76 crore
DIIs: Net Buy of ₹98.54 crore
Here’s a summary of the key updates:
1. HCL Technologies & Western Union – Announced a strategic partnership to establish a tech center in Hyderabad for financial services innovation.
2. Public Sector Banks (Central Bank of India, Punjab & Sind Bank, UCO Bank) – Launched Qualified Institutions Placement (QIP) issues at the respective Board approved floor prices; with Central Bank of India at Rs.42.62, Punjab & Sind Bank at Rs. 40.38 & Uco Bank at Rs. 36.07
3. Rail Vikas Nigam – Won a ₹115.79 crore bid for an electric traction system upgrade in Central Railway.
4. Restaurant Brands Asia – Opened a QIP issue with a base size of ₹400 crore.
5. Garden Reach Shipbuilders (GRSE) – Signed a contract to build two multi-purpose vessels for a German firm.
6. SEAMEC – Awarded subsea installation work by L&T for ONGC projects, to be completed by May 2026.
7. GNFC – Partnered with Thyssenkrupp for a new nitric acid plant.
8. Brigade Enterprises – Acquired a 4.4-acre land in Bengaluru for a ₹950 crore residential project.
9. Wipro – Launched AI-driven autonomous agents for healthcare transformation.
10. TTK Prestige – Leadership change with T T Jagannathan stepping down, replaced by T T Raghunathan.
11. Sterling & Wilson Renewable Energy – Appointed Ajit Pratap Singh as CFO.
12. Easy Trip Planners – Approved acquisition of a 49% stake in Big Charter and investments in Brazil & Saudi subsidiaries.
13. Hyundai Motor India – Approved ₹694 crore investment for a tooling center.
14. Cholamandalam Investment – Appointed Vellayan Subbiah as Executive Chairman.
15. Britannia Industries – Operations in Gujarat affected by a workers' strike.
16. Bank of India – Exercised a $100 million green shoe option for corporate funding.
17. Tata Consumer Products – Reappointed Sunil D’Souza as MD & CEO.
18. Canara Bank – Appointed S. K. Majumdar as Executive Director.
19. NHPC – Completed a 200 MW trial run of its Parbati-II project.
20. Mahindra & Mahindra Financial Services – Appointed Ramganesh Iyer as COO.
21. ICICI Bank – ICICI Securities became a wholly-owned subsidiary and got delisted.
22. United Spirits – Board meeting scheduled for an interim dividend decision.
23. Matrimony.com – Declared a special ₹5 per share dividend for its Silver Jubilee.
24. Aditya Birla Capital – Received NCLT approval for the merger of Aditya Birla Finance.
25. SBI Life Insurance – Received a ₹431 crore tax demand.
26. IndusInd Bank – Fined ₹30.15 crore for GST issues; plans to appeal.
Bulk Deals:
SG Finserve - Ace investor Madhusudan Murlidhar Kela bought a 1.7% stake in the company at an average price of Rs 350.01 per share, valued at Rs 33.31 crore. However, Dinesh Pareekh sold 3 lakh shares at an average price of Rs 350 per share.
Stock Trade Ex-Dividend:
Mishra Dhatu Nigam, Ksolves India
Stocks F&O ban:
IndusInd Bank
