Stock Market opened higher today following the positive cues after the govt lessened taxes on 27 goods and services in the GST Council meeting after implementation of Goods & Services. BSE Sensex rose 98.40 points at 31,904.62 and NSE Nifty rose 25.50 points at 10,005 at the time of this writing, in the morning hours.
Following tops stocks will be in focus today, among others:-
Shares of Reliance Industries Ltd will be in focus as the company has decided to exit one of its 3 upstream shale gas assets in the US for 126 million dollar, the Mukesh Ambani-led company said.
Tata Teleservices has informed the govt on Friday that the company plans to shut its wireless business, bringing an end to its 21-year old phone services venture.
Oriental Bank of Commerce announces that RBI has put the bank under Prompt Corrective Action in view of high net non-performing assets.
Adani Enterprises Limited (Adani Group) says that it intends to demerge its renewable-energy business into its associate arm Adani Green Energy, as part of easing overall business formation, as per reports.
Zee Entertainment acquires 100 percent equity stake in 9-X Media Private for Rs 160 crore and acquisition of balance 26 percent Equity stake in Zee Turner.
Rupee Watch: Indian Rupee opens marginally higher against USD and was trading at 65.34 per dollar, up 0.05 percent from its Friday’s close of 65.37.