Markets always tend to be interesting with something or the other happening all the time. Our Morning Mantra is released before the opening bell and it includes the market commentary along with Corporate & Global news for the day.
US: Wall Street surged on Thursday to notch its fifth straight session of gains, led by Apple and other technology stocks as investors shrugged off recent inflation worries that sent the market into a sell-off at the start of the month.
Dow
25200
+307
+1.2%
Dow Futures
25252
+18
+0.1%
Nikkei
21700
+235
+1.1%
SGX Nifty
10583
+34
+0.3%
Asian equities extended their recovery from two-month lows into a fifth day on Friday as the Wall Street market volatility gauge fell, while the U.S. dollar was undermined by various worries including rising inflation.
Market is expected to open flattish note and likely to witness sideways movement during the day.
Yes Bank to consider proposal to raise funds via debt securities or on private placement basis on Feb 20. It has necessary approvals to borrow/raise funds upto Rs 20,000 cr in 1 or more tranches.
Indoco Remedies granted EU FMP Certification for Goa plant III
Future Consumer has raised Rs200 crore from UK based CDC Group plc, through non- convertible debentures (NCDs) to finance capex, long-term working capital and support the growth of the business.
Idea Cellular to complete its merger with Vodafone in the first half of 2018
SBI has hiked bulk deposit rates by 50-140 bps in a move to align them with retail deposit rates and claims this wouldn’t impact the cost of funds in a significant manner.
Prakash Industries to raise Rs 208 crore from promoters by issuing 1 crore convertible warrants.
Som Distilleries & Breweries announced that it will start its Maharashtra operations from 16 February 2018. The initial launch would start from Nagpur.
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