SGX Nifty was dipped in the red on Friday morning, signaling a weak start for national indices in the last trading session of the week. Smart futures fell 150 points. However, on the charts, analysts are seeing some respite set in after Sensex, Nifty closed with gains on the F&O expiration session. “Thursday’s bullish rebound could be a relief for the bulls to make a comeback. The next two important resistances to watch around 17600 and 17800 in the near term. At the same time, lower buy levels are expected. in case of a dip, “said Nagaraj Shetti, technical research analyst, HDFC Securities. Many analysts have suggested specific action for stocks in such a market.
Tarsons products: After successfully closing its Rs 1,023 crore IPO, Tarsons Products will go public today. Shares of Tarson Products have been offered to investors in the price range of Rs 635-662 per share.
Greenlam Industries: On Thursday, the furniture company said its board of directors will meet on December 13 to consider a stock split or split.
Bharti Airtel: Telecom major Bharti Airtel conducted India’s first 5G trial in the 700 MHz band. Airtel said the 5G standalone demonstration achieves the highest 40 km broadband coverage between two 5G test sites.
HDFC: The Housing Development Finance Corporation informed stock exchanges on Thursday that it will increase to Rs 10,000 crore by issuing bonds through a private placement.
TIC: The reception of giant FMCG ITC on Thursday sparked investor interest after reports surfaced that the company is developing a nasal spray for the prevention of COVID-19.
BPCL: The privatization of Bharat Oil Corporation Limited is unlikely to be completed before the end of the current fiscal year, TV Somanathan finance secretary said yesterday.
TCS: Tata Consultancy Services (TCS) has been selected as a strategic partner by South32, a global mining and metallurgical company, to enhance its IT operating model and provide application and infrastructure services essential to its global operations, thereby strengthening its operational resilience and business agility.
JSW Energy: The company has declared that it has approved the reorganization of its renewable and thermal activities.