(RTTNews) – In particular, the fall in SGX Nifty futures and the weakness of Asian stocks represent a negative opening for the Indian stock market on Thursday.
Concerns about economic expansion amid the coronavirus outbreak will continue to weigh on confidence.
Stock markets in China, Hong Kong, Japan, and Australia are particularly weak due to expansion considerations despite some recent positive economic knowledge from China and the United States.
As expected widely, the U. S. Federal Reserve left rates unchanged and said the low-interest regime would continue until 2023.
Happiest Minds Technologies is about to make its debut on the market today. The company’s Rs 702 crore IPO, which accompanied by a value diversity of Rs 165-166, won an overwhelming reaction from investors and subscribed 151 times.
Procter
HCL Technologies will be in the midst of considerations after the expansion of its partnership with Google to provide an accelerated strategic intelligence platform.
BPCL Limited is likely to win the interest of its spouse Oman Oil Company Ltd at Bharat Oman Refineries Ltd, a joint venture of the companies, according to reports. Earlier this year, BPCL increased its stake in the refinery from 50% to 63%, after converting warrants into shares.
Indian stocks closed on a company note on Wednesday, extending the gains to a direct session: the benchmark BSE Sensex index finished up 258. 50 points, or 0. 66%, at 29,302. 85, while the Nifty of the National Stock Exchange closed with a rise of 82. 75 points, or 0. 72%, to 11,604. 55.