It is a mixed start to trade across the Asia-Pacific region on Thursday. This after global equities posted two successive sessions of gains for the first time since mid-February.
Benchmark indices in Japan opened lower by as much as 2 percent while those in South Korea and Australia are seeing modest gains.
The S&P 500 saw its best two-day gains since November 2008 while the Dow reported its best two-day streak since 1987.
Futures in the U.S. are fluctuating after a dispute in the Senate over the Coronavirus relief package with Senator Bernie Sanders threatening to hold up the vote if the legislation is altered.
Equities in Europe ended with gains as well with hopes rising for a stimulus package of their own.
🎯 News & Impact 🎯
🎯 NTPC :
Second Unit of 660 MW of Khargone Super Thermal Power Project has been added to the installed capacity of NTPC on successful completion of trial operations. Total installed capacity at the group level stands at 58,816 MW.
🎯 REC :
Board approved increasing the market borrowing program by Rs 4,000 crore to Rs 94,000 crore for the financial year 2020.
🎯 IndiGrid :
Company completes acquisition of its 9th transmission asset from Sterlite Power with an enterprise value of USD 134 million.
🎯 Zensar Technologies :
Guidewire Software announces promotion of the company as PartnerConnect Consulting Advantage partner.
🎯 Kolte-Patil Developers :
Company announced the shutdown of offices and project sites due to the coronavirus outbreak.
🎯 Mangalam Organics :
Company terminated its alliance with France-based Les Dérivés Résiniques et Terpéniques.
🎯 Balkrishna Industries :Company closed offices and manufacturing plans due to COVID-19.
🎯 Usha Martin :
Company temporarily halt operations at its manufacturing facility situated at Jharkhand until further notice.
🎯 HEG :
To suspend its operations at its Madhya Pradesh plant with immediate effect.
🎯 Dhanuka Agritech :
Shuts down all of its three plants in Gujarat, Jammu and Kashmir and Rajasthan.
🎯 Endurance Technologies :
To suspend all plant operations in India until the next 21 days, or a period notified by authorities.
🎯 Syngene International :
To temporarily suspend part of its research activities at its facilities situated at Bangalore SEZ and Hyderabad for a period of 21 days.
🎯 India Cements :
Radhakishan Damani acquired 16 lakh shares (0.52 %) at Rs 94.97 per share.
🎯 Seamec :
Promoter Sanjeev Agrawal acquired 1.74 lakh shares.
Positive for the stock. 👍
🎯 Transport Corporation of India : Promoter Bhoruka Supply Chain Solutions acquired 10,000 shares on March 23.
Positive for the stock. 👍
🎯 Century Plyboards :
Promoters acquired 64,000 shares from March 23-24.
Positive for the stock. 👍
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Edited by Sharp.
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