The SGX Nifty went up by 0.25 percent in early trading on Friday. Its value of 18,807 showed that the local markets, the NSE Nifty 50 and the BSE Sensex, were off to a good start. On Thursday, the local markets, NSE Nifty 50 and BSE Sensex, closed the day in the red, ending a three-day streak of gains. The Sensex dropped 310.88 points to 62,917.63, and the Nifty 50 fell 0.35% to 18,688.10.
Ramkrishna Forgings, Titagarh Rail Systems
The Indian Ministry of Railways has given a contract to a group made up of Ramkrishna Forgings and Titagarh Rail Systems to make and sell 1.54 million forged wheels over a 20-year period. This is part of the Atma Nirbhar Bharat Initiative. The value of the whole deal is Rs 12,226.5 crore.
HCL Technologies
The board of directors for HCL Technologies will meet on July 12 to talk about, among other things, the payment of the second interim bonus for the financial year 2024.
Wipro
The IT company will no longer be able to buy back Wipro shares after today. The company plans to buy back up to 269,662,921 shares of stock that are worth Rs 445 each. The company also said that it would open a new 5G-Def-i Innovation Centre in Austin, Texas. This centre will offer services to help customers create new goods and services that take advantage of 5G technology.
TVS Motors Company
TVS Motor Company sold its 43.54% stake in Emerald Haven Realty, or 11.12 crore equity shares, to TVS Holdings, a parent group company, for Rs 166.83 crore.
Equitas Small Finance Bank
Equitas Small Finance Bank has set July 28 as the record date for figuring out who can get a reward if the plan is accepted.
Angel One, Power Finance Corporation, and HDFC Life
Today, shares of Angel One, HDFC Life, and Power Finance Corporation will trade without a payout.
BHEL
BHEL and Volvo Eicher Industrial Vehicles signed a memorandum of understanding (MoU) to work together to make type-IV cylinders (hydrogen or CNG) for industrial vehicles.
