Stock Market Live: Adani Green Energy Arm Commissions Solar-Wind Hybrid Power Project At Khavda
Adani Green Energy Ltd.’s arm has commissioned a solar-wind hybrid power project of 50 megawatt at Khavda. Total operational renewable generation capacity increased to 15,865.5 megawatt, the company said in the exchange filing.
Titan Q1 Review: Brokerages Remain Bullish, Citi And Jefferies Hike Target Price
Brokerages remain bullish in their views on Titan Co. post first quarter of fiscal 2025-26. Citi and Jefferies have hiked target price for the stock, while Morgan Stanley and Macquarie kept target price unchanged.
Titan Co.’s consolidated net profit rose 52.6% in the first quarter of financial year 2026, beating analysts’ estimates. The luxury products manufacturer’s bottom line increased to Rs 1,091 crore in the April-June period, according to an exchange filing on Thursday.
Akzo Nobel India, Jio Finance, KPI Green, Castrol — Last Day To Buy Shares To Qualify
Shares of Akzo Nobel India Ltd., Jio Financial Services Ltd., KPI Green Energy Ltd., Castrol India Ltd. and eight other companies will be of interest on Friday, as it marks the last session for investors to buy shares to qualify for receiving the dividend before the stock goes ex/record-date.
For a dividend, investors should note the record date that determines shareholder eligibility.
Syrma SGS Technology Aims For Rs 1,000-Crore Fundraising Through QIP
Syrma SGS Technology Ltd. is raising Rs 1,000 crore through qualified institutional placement. In case the total issue gets subscribed, the equity dilution will be 7.43% of the post-issue outstanding equity paid-up capital.
The QIP opened on Thursday and will close on Friday. Dam Capital is the book-running lead manager for the issue.
Oil Prices Continue To Consolidate On Hope Of End To Russia-Ukraine War
Oil prices continued to consolidate on Friday as hopes rose that the war between Russia and Ukraine may finally come to an end. US President and Russian President Vladimir Putin are set to meet in coming days, as confirmed by Kremlin.
Oil futures were trading 0.05% higher at $66.45 a barrel as of 7:52 a.m.
Asia Market Update Live: Japan’s TOPIX Hits Record High
Japan’s benchmark index TOPIX index hit a record high on Friday as technology stocks led. Nihon Chouzai Co, Toyo Engineering Corp were top gainer in the index.
The TOPIX and Nikkei 225 were trading 2.05% and 1.41% higher, respectively as of 7:45 a.m.
Meanwhile, markets in China, South Kora, and Australia were trading in loss as they assessed multiple factors. US President Donald Trump has chosen Council of Economic Advisers Stephen Miran for the post of Federal Reserve Chair.
Trump and Putin are set to meet, Kremlin confirmed. The meet will be focused to end the war in Ukraine as reported by news agencies.
US Market Update: Nasdaq 100 And S&P 500 Futures Rise
US futures were trading higher on Friday in Asia-Pacific trade session after stocks ended near record high in the previous session. According to experts as reported by Bloomberg, it’s a rally before the plunge as economic data so far has been disappointing in the world’s largest economy while valuations remained high.
The Dow Jones Industrial Average and S&P 500 futures were trading0.23% and 0.26% higher, respectively as of 7:36 a.m.
Stock Market Live: GIFT Nifty Implies Slightly Lower Open; Titan, LIC, HPCL Shares In Focus
The GIFT Nifty was trading 0.10% or 24.50 points higher at 24,657.50 as of 6:39 a.m. It implied that the NSE Nifty 50 may open over 61 points lower than Thursday’s close.
Titan Co., Life Insurance Corp, Hindustan Petroleum Corp Ltd., India Glycols Ltd., C.E. Info Systems Ltd. shares will likely be in focus in Thursday’s session.
The Indian equity benchmarks closed in the green, recovering sharply during the last hour of trade, to snap its two-day decline. The NSE Nifty 50 benchmark ended 21 points, or 0.09% higher at 24,596 and the 30-stock BSE Sensex ended 79 points, or 0.10% lower at 80,623.
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