Market will open with a gap up on a strong US markets' closing.
A more than expected drop in Consumer Confidence Index shaken the investors in US markets but markets shown sudden recovery in the later part of the day.
Nifty50 remained positive through out the last session of December month expiry amid volatility.
Nifty has plotted a bearish candle as it could not sustain above the opening level of 10818 and closed just below 10780.
🎯 News & Impact 🎯
🎯 United Bank of India :
Government said it would infuse Rs.2,159 crore in the equity capital via preferential allotment.
Positive for the stock. 👍
🎯 Lemon Tree Hotels :
Company entered into a joint venture with private equity firm-Warburg Pincus affiliate ‘Magnolia Grove Investment’ with a primary focus on co-living. This joint venture marks the entry of the company into a new business segment for rental housing accommodation for students and working professionals.
🎯 Kansai Nerolac :
Company entered in to share-purchase agreement with Perma Construction Aids for Rs.29.1 crores.
Edited by Sharp.
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