Market News
2 min read | Updated on March 14, 2024, 09:57 IST
SUMMARY
Indian markets witnessed a sharp meltdown on Wednesday, with broader indices falling upto 5%. The FII’s remained net seller to the tune ₹4596 crore, while DII’s were net buyers for ₹9090 crore.
Gift Nifty is indicating a positive start for Indian markets today
Indian markets are expected to open marginally higher after a sharp downturn on Wednesday, with GIFT NIFTY indicating a positive start. Global markets, including the US and UK, are holding onto gains, while Asian markets show mixed trading on Thursday morning. Here are key developments for certain stocks:
The company has entered into a binding agreement to acquire a 13.01% equity stake in Viacom18 Media Private Limited from Paramount Global subsidiaries for ₹4,286 crore.
The largest state run bank State Bank of India has partnered with One97 communications (PAYTM) for its consumer UPI payments
According to the exchange filing, the company has acquired a second land parcel in Hyderabad within a month, with a booking potential of ₹ 4,800 crore.
The company’s step down subsidiary Adani Renewable Energy Fifty Nine Ltd, has entered into power purchase agreement with Solar Energy corporation of India (SECI) for supply of 534 MW.
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