Domestic stock markets are expected to open in the green, according to early indications from SGX Nifty futures trading. The trends on SGX Nifty indicate a positive opening of the index in India, with a gain of 37 points. As of 7:30 a.m., Nifty futures were trading at 14,782, up 37 points or 0.28 percent, on the Singapore Stock Exchange.
On Tuesday, the Sensex closed with a nominal gain of 42 points and the Nifty stabilized 46 points higher.
Stocks to watch in trade during today’s session (April 7, 2021)
Axis Bank became co-promoter of Max Life Insurance Company after finalizing the acquisition of 12.99% of the shares collectively by the Axis entities of the company, Axis Bank said in a regulatory filing on the stock exchanges.
Home Barbeque Nation
Barbeque Nation Hospitality shares will be listed on the stock exchange today.
Reliance Industries / Bharti Airtel
Reliance Jio Infocomm signed an agreement with Bharti Airtel to acquire part of the spectrum in the 800 MHz band for the circles of Andhra Pradesh, Delhi and Mumbai for a total value of Rs 1,497 crore.
Tata Steel’s consolidated steel production at T4FY21 was almost stable at 7.4 million tonnes (MT), compared to 7.37 MT the previous year.
Stainless steel leisure
Inox Leisure to raise funds up to Rs 300 crore by issuing securities via a public issue, a rights issue or a private placement. Fundraising is subject to shareholder approval and other approvals.