Stock Market Today: GIFT Nifty on the NSE IX showed signs of a quiet start for Dalal Street on Wednesday, as it traded higher by 22 points, or 0.10 per cent, at 22,256.50. Nifty surpasses 22,230 points, while Sensex gains 200 points. Wednesday’s opening of Tokyo equities was lower, following losses on Wall Street. In early trading, the benchmark Nikkei 225 index down 0.47 percent, or 181.23 points, to 38,182.38, while the Topix index as a whole dropped 0.29 percent, or 7.74 points, to 2,624.56. Following a global decrease in bond yields, the dollar saw significant losses on Wednesday. Meanwhile, sterling battled to hold onto gains after Bank of England (BoE) Governor Andrew Bailey made dovish remarks regarding the central bank’s rate stance.
Stock Market Today: Stocks in focus
Whirlpool Of India
Through open market transactions, promoter Whirlpool Mauritius sold 3,03,89,239 equity shares, or 23.95 percent of paid-up equity, at an average price of Rs 1,277.02 per share, for a total value of Rs 3,880.8 crore. As of December 2023, it owned 75% of the business. Nonetheless, 1,30,66,018 equity shares, valued at Rs 1,668.52 crore, were selected by Aditya Birla Sunlife Mutual Fund, DSP Mutual Fund, ICICI Prudential Mutual Fund, Nippon India Mutual Fund, SBI Mutual Fund, and Societe Generale ODI.
Wipro
Wipro Enterprise Artificial Intelligence (AI)-Ready Platform is a new service that the technology services and consulting business launched. With it, companies may construct their own enterprise-level, fully integrated, and customised AI environments. The IBM Watsonx AI and data platform is utilised by the Wipro Enterprise AI-Ready Platform.
Hindalco Industries
Novelis, its US affiliate, registered with the Securities and Exchange Commission to conduct an initial public offering (IPO). The only stakeholder of Novelis, AV Minerals (Netherlands), a fully-owned subsidiary of Hindalco, is anticipated to make an offer for the shares. Due to the private filing of the draft registration statement, no additional information about the IPO was accessible.
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