Stock Market Today: The Gift Nifty was trading at a discount of around 6 points from the previous closing of the Nifty futures, at 24,834 points. The trends observed in Gift Nifty also suggest that the Indian benchmark index is off to a modest start. Due to the unfavourable sentiment in international markets, the Sensex and Nifty 50 indexes of the Indian stock market are probably going to open on a quiet tone today. However, yesterday the Nifty 50 index resumed its sluggish upward trend, finishing the day with respectable gains and surpassing the 24,800 mark.
Stock Market Today: Stocks in focus
Wipro
An Indian multinational company called Wipro Limited offers business process outsourcing, consulting, and information technology services. With a customer base spanning 167 countries, Wipro offers services in cloud computing, computer security, digital transformation, robotics, artificial intelligence, data analytics, and other technologies. John Lewis Partnership (JLP) and IT services behemoth Wipro have reached an agreement to update and change the company’s IT infrastructure.
Adani Power
Adani Power is a worldwide power and energy corporation based in India that is a subsidiary of the Adani Group. The governments of Gujarat, Maharashtra, Haryana, Rajasthan, Karnataka, and Punjab have inked long-term power purchase agreements with the company totalling approximately 9,153 MW. The resolution plan of the corporation to purchase Lanco Amarkantak Power has been approved by NCLT. Approximately Rs 4,101 crore would be spent on the purchase.
Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER