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.