Opening Bell: Domestic indices open in red dragged by financial, IT and metals stocks

Opening Bell: Domestic indices open in red dragged by financial, IT and metals stocks

Indian Market
by 5paisa Research Team Last Updated: 2022-09-16T10:06:58+05:30

On Friday, the equity benchmark indices started the day in red dropping 250 points while the Nifty traded below the 17,800 level. 

Cipla, Sun Pharmaceutical Industries, Bajaj Auto, Asian Paints and Adani Enterprises were the top Sensex gainers whereas Hindalco, Tech Mahindra, Wipro, ONGC and Infosys were the top Sensex losers. 

Watch out for these buzzing stocks in today’s session! 

Vedanta - The company has been declared as the highest bidder for Ghogharpalli and its dip extension coal block, located in Odisha.

Centum Capital - SEBI has granted a certificate of the portfolio manager to the company. The company is a SEBI Registered Category-I merchant banker and financial services company. It is engaged in investment banking, lending, wealth management services, broking services, etc.

Indo Borax & Chemicals - The company proposed to install a new plant at the existing plant location at Pithampur for the manufacturing of Boric Acid derivatives and related products. The Company is engaged in the manufacturing and selling of chemicals. Its product portfolio includes Boron and Lithium products which include Boric Acid Technical Grade Powder & Granular, Boric Acid IP Grade (Indian Pharmacopoeia Grade) Powder & Granular, and Lithium Hydroxide Monohydrate

VRL Logistics - The company approved the sale/transfer of its bus operations undertaking by way of slump sale on a going concern basis for Rs 230 crore. The company is engaged in logistics services dealing mainly in domestic transportation of goods. Other businesses include bus operations, transport of passengers by air, sale of power and sale of certified emission reductions (CER) units generated from the operation of windmills.

MTAR Technologies - The company has received orders worth about Rs 540 crore in the clean energy segment including civil nuclear power. The company is in the business of manufacturing various machine equipment, assemblies, sub-assemblies, and spare parts for energy, nuclear, space, aerospace, defence and other engineering industries.

Tata Power - The company received an order of Rs 612 crore to set up a 100 MW ground-mounted project for SJVN Limited in Gujarat.

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