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Global markets were in red yesterday. However, this morning the Asian markets are showing positive signs. Additionally, the US stock futures are in green. SGX Nifty also showing a gap-up for Indian markets.

LUPIN: After Dr. Reddy’s and Aurobindo Labs, Lupin also launches Molnulup, a Covid Drug based on Molnupiravir.

ZEE LEARN :Zee learn has a mixed story. On one hand, Spring Ventures acquired 50 lakh equity shares in the company at Rs 19.57 per share. On the other hand, IndusInd Bank Ltd Client A/C sold 71,32,775 equity shares in the company at Rs 17.77 per share, and Morgan Stanley Asia (Singapore) Pte – ODI sold 47,69,108 equity shares in the company at Rs 18.44 per share, as per the bulk deal data on NSE.

HINDUJA GLOBAL SOLUTIONS: This process management player has approved Rs 150 per share interim dividend. The board approved 1:1 bonus share issue.

HCL TECHNOLOGIES: HCL Tech in focus as it acquires 51% stake in  German IT Consulting Company, Gesellschaft für Banksysteme GmbH (GBS).

ESCORTS: Ace investor Rakesh Jhunjhunwala increased his stake in the company from 4.75 percent in September 2021 to 5.22 percent in the quarter ended December 2021.

RELIANCE INDUSTRIES: The major conglomerate’s retail wing Reliance Retail bought 25.8 percent in Dunzo for $200 million.

TITAN: Company said that its Jewellery segment grown 16% and Eyewear & Wathes up 28% in respectively, in Q3.

As the US stock futures inch higher and Asian Markets are in green, our markets may also show positive signs.

 

 

Editor, Tax Concept. I have written on market, finance, management, and technology.