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Offers updates and more Market Update

Community User Posted on 09:03am 20-Mar-2019

Market

Key updates you will like to know about the stock market today... Read on...

Offers updates and more Market Update

Community User Posted on 09:01am 19-Mar-2019

Market Update - March 19 2019

Key updates you will like to know about the stock market today...

Offers updates and more Market Update

Community User Posted on 09:10am 18-Mar-2019

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Market Update - March 18 2019

Key updates you will like to know about the stock market today...

Offers updates and more Market Update

Community User Posted on 09:21am 15-Mar-2019

Market Update - March 15, 2019

Key updates you will like to know about the stock market today...

Offers updates and more Market Update

Community User Posted on 09:31am 14-Mar-2019

Market Update - March 14, 2019

* Market Outlook

Indian markets are expected to open flat to positive on the back of positive global cues. Key monitorable, going ahead, includes global news flows and institutional flows.

 

Markets Yesterday

• Domestic markets ended higher led by positive sentiments on the back of strong FII inflows and strong domestic currency

• US markets ended higher for the day reacting positively to better than expected growth in consumer durables order

 

Key Developments 

• Wipro has earmarked 34% of his shares, which is worth | 52,750 crore to an endowment under the Azim Premji Foundation. With this action, the total value of the philanthropic endowment corpus contributed by Mr Premji is | 1,45,000 crore, which includes 67% of economic ownership of Wipro Ltd. Mr Premji along with the entities controlled by him constitute 74.3% shareholding

• Tech Mahindra's buyback period is expected to open on March 25, 2019 and end on April 5, 2019. The company will dispatch a letter of offer for the buyback to eligible shareholders as on the record date of March 6, 2019 on or before March 19, 2019

• In Kotak Mahindra Bank’s case regarding reducing promoter stake, the high court has deferred the matter to April 1, 2019. In the meantime, the bank has proposed to limit promoter's voting right to 20% until May 2020

 

* Today's Highlights 

China industrial production, US initial jobless claims