HighLight investment Research:Nifty holds 10,600 mark; Coal India, Tata Motors gain
Indices opened the session on a positive note owing to firm global cues. The market slipped into the negative zone after hitting a record high and ahead of earnings season.
The BSE Sensex was trading at 34,393, up 42 points, while the broader Nifty50 was ruling at 10,620, down 3 points.
Shares of NMDC fell nearly 4% today as the government will sell up to 3% stake in the company through an offer for sale, at a 5% discount to the previous closing price.
Shares of Aarti Drugs surged 7% to hit a near three-year high after the company set the price of its share buyback at a 19.5% premium to the stock's closing price on Monday.
Shares of Coal India hit a six-month high following a hike in non-coking coal prices as the increase is seen offsetting the impact of higher wages.
The BSE Mid-cap and BSE Small-cap indices were down 0.03% and 0.11%, respectively.
Volatility index India VIX gained 2.25%.
The BSE Sensex was trading at 34,393, up 42 points, while the broader Nifty50 was ruling at 10,620, down 3 points.
Shares of NMDC fell nearly 4% today as the government will sell up to 3% stake in the company through an offer for sale, at a 5% discount to the previous closing price.
Shares of Aarti Drugs surged 7% to hit a near three-year high after the company set the price of its share buyback at a 19.5% premium to the stock's closing price on Monday.
Shares of Coal India hit a six-month high following a hike in non-coking coal prices as the increase is seen offsetting the impact of higher wages.
The BSE Mid-cap and BSE Small-cap indices were down 0.03% and 0.11%, respectively.
Volatility index India VIX gained 2.25%.
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