Nifty, Sensex directionless - Tuesday closing report
Moneylife Digital Team 14 September 2021
We had mentioned in Monday’s closing report that Nifty, Sensex may try to rally. On Tuesday, the indices opened higher but ended with minor gains. On the NSE, there were 1,203 advances, 820 declines and 4 unchanged.
 
The trend of the major indices on Tuesday’s trading are given in the table below:
 
 
 
 
Zee Entertainment shares jumped 40% after two of its largest shareholders Invesco Developing Markets Fund and OFI Global China Fund LLC called an extraordinary general meeting (EGM) seeking removal of Punit Goenka, Manish Chokhani and Ashok Kurien as directors of the firm.
 
Zomato co-founder and top executive Gaurav Gupta announced his exit from the company.
 
Dish TV was issued a special notice by its shareholder Yes Bank asking the company to remove board directors Rashmi Aggarwal, Bhagwan Das Narang, Shankar Aggarwal, Jawahar Lal Goel, and Ashok Mathai Kurien.
 
The government plans to offload 0.15% stake or around 5 lakh shares of Hindustan Aeronautics via an OFS. It held a 75.15% stake in HAL as of June 2021.
 
Godawari Power’s board has approved the stock split of face value of Rs 10 each into two of Rs 5 each, subject to shareholders' approval.
 
HCL Tech signed a strategic partnership agreement with South Korean company HANCOM to share advanced software technology solutions and plan overseas expansion.
 
KNR Constructions received a letter of acceptance for Hyderabad Growth Corridor (HGCL) worth Rs 312.79 crore.
 
Laurus Labs said it is developing a third-line HIV treatment, darunavir boosted with ritonavir (DRV/r), for children.
 
Tata Steel commissioned a 5 tonnes per day (TPD) carbon capture plant at its Jamshedpur Works, that extracts CO2 directly from the blast furnace gas.
 
Isgec received an order from the DRDO for supplying of 25 medical oxygen plants.
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 
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