Stocks in Asia chalked up modest gains on Wednesday after the biggest daily decline in almost three weeks, with investors continuing to assess prospects for the coronavirus impact to prove short-lived.
Stocks slumped after Apple Inc.’s warning that sales will miss forecasts spooked investors who had hoped for a limited economic impact from the deadly coronavirus that originated in China.
🎯 News & Impact 🎯
Nifty50 inclusion : Shreecem
Nifty50 exclusion : Yesbank
🎯 Reliance Industries in talks to sell a minority stake in its oil-to-chemical division to Saudi Aramco have been gathering pace in recent weeks.
🎯 HCL Technologies :
Company to launch Global Delivery Centre in Connecticut, USA with anchor client, Stanley Black & Decker.
🎯 Avenue Supermarts :
Company promoter sold 1.48 crore shares (2.28 percent) in pubic via OFS.
Negative for the stock.
🎯 Infosys :
Company has partnered with GE Appliances for digital solutions.
🎯 Future Consumer :
Company promoters hold 46.29 % stake in the company, out of which 89.1 % is pledged.
🎯 Tata Consumer Products (Tata Global Beverages) :
Company sold 7.05 lakh shares (0.28 %) and Tata Chemicals sold 1.6 lakh shares (0.06 %) to promoter Tata Sons, respectively.
🎯 Som Distilleries :
Company promoters acquired 16,000 shares from Feb. 17-18.
🎯 Axis Bank :
Company promoter General Insurance Corporation of India sold 1 lakh shares on Feb. 17
🎯 Divi’s Lab :
Company promoter Madhusudana Divi sold 20k shares on Feb. 17.
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