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Tech Mahindra, Reliance Industries, SBI, Indraprastha Gas

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Stocks To Watch: Tech Mahindra, Reliance Industries, SBI, Indraprastha Gas

Trends on SGX Nifty indicated a flat opening for the home markets.

New Delhi: The home inventory markets are anticipated to commerce cautiously on Monday, taking cues from the worldwide markets. Asian share markets received off to a cautious begin as Omicron emerged in additional international locations and traders confronted a week-long await key U.S. inflation figures that might settle the course of rates of interest. Trends on SGX Nifty indicated a flat opening for the markets again residence. The Nifty Futures on Singapore Exchange also called the SGX Nifty Futures moved simply 0.2 per cent or 2.70 factors as much as 17,255.

The benchmark BSE Sensex had nosedived 764.83 factors or 1.31 per cent to finish shut at 57,696.46 on Friday; whereas the broader NSE Nifty had tanked 204.95 factors or 1.18 per cent to settle at 17,196.70.

Here Are Stocks To Watch During Today’s Session:

Tech Mahindra: The IT firm has stated it is going to purchase US-based Activus Connect LLC and Activus Connect PR LLC by its subsidiary for $62 million.

Indraprastha Gas: Indraprastha Gas Limited has hiked CNG costs in Delhi, Haryana and Rajasthan, efficient instantly.

State Bank of India: The nation’s largest lender has invited bids from asset reconstruction corporations and different monetary establishments to promote the non-performing account (NPA) of KSK Mahanadi Power Company, with complete excellent towards the corporate standing over Rs 4,100 crore.

Reliance Industries: Household items salesmen have threatened to disrupt provides to mom-and-pop shops if client corporations present merchandise at decrease costs to Reliance Industries, information company Reuters reported.

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Lupin: The firm has entered right into a distribution and advertising and marketing settlement with Biomm SA in Brazil. Under the settlement, Biomm will distribute and market biosimilar Pegfilgrastim in Brazil.



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