Stock Cash Service
Sensex, Nifty to open on a weak note: After a negative
close for the previous week, the market this week will react to a slew of
corporate earnings by index heavyweights like Tata Motors, SBI, M&M and Dr
Reddy’s Labs. With Chinese market remaining close, one can hope no trigger for
fall emanates from there for few days. Key results will continue to swing
individual stocks.
IRB Infrastructure Developers Ltd and GMR Infrastructure
Ltd have sought the capital market regulator SEBI’s approval to launch India’s
first infrastructure investment trust (InvIT), reports a business daily.
Jasper Infotech, which owns and operates Snapdeal, is in
talks to invest in on-demand home services platform Zimmber, according to
reports.
Biocon is gearing up to enter the regulated markets of
the US and the UK with a portfolio of biosimilars, reports a financial
newspaper.
Coal India Ltd. (CIL) will this month conduct a special
auction to offer coal to distressed power producers, reports a financial
newspaper.
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