10th September, 2020

Market will open on a flat note today after a volatile session of yesterday.

Asian markets have opened higher this morning after equities on Wall Street rebounded from a three-day rout.

Wall Street major indices ended higher on Wednesday to snap a three-session losing slide as investors jumped back in to take advantage of the pullback in technology-related stocks, a day after the Nasdaq confirmed correction territory.

The Dow Jones Industrial Average rose 439.58 points, or 1.6 %, to close at 27,940.47, the S&P 500 rose 67.12 points, or 2.01 %, to 3,398.96 and the Nasdaq Composite jumped 293.87 points, or 2.71 %, to 11,141.56.

🎯 News & Impact 🎯 

🎯 Happiest Minds Technologies : IPO subscribed 151 times on the final day of bidding.

🎯 Route Mobile : IPO subscribed 1.02 times on the first day. 

🎯 Healthcare Global Enterprises : Promoter Aesco Company increased stake to 49.99% from 29.2% , via mandatory tender offer on September 8. Positive for the stock. 👍

🎯 Syngene International : The company received ICMR approval for HiMedia-Syngene's COVID-19 antibody test kit, ELISafe 19. 

🎯 Gujarat Ambuja Exports : Acquired 100% stake in Mohit Agro Commodities Processing for Rs 12.64 crore.

🎯 Future Consumer : Promoter Future Capital Investment invoked pledge of 1 crore shares on September 8. Positive for the stock. 👍 

🎯 Adani Transmission : Promoter SB Adani Family Trust released pledge of 5.44 crore shares on September 7. Positive for the stock. 👍 

🎯 Max India : Promoter Max Ventures Investment Holdings created pledge of 87.94 lakh shares on September 8. Negative for the stock. 

🎯 Max Healthcare : Promoter Max Ventures Investment Holdings released pledge of 2.94 crore shares on September 8. Positive for the stock. 👍 

🎯 Adani Enterprises : Promoter SB Adani Family Trust revoked pledge of 2.6 crore shares between September 7-8. Positive for the stock. 👍 

🎯 Emami : Promoters released pledge of 46.8 lakh shares between September 7-8. Positive for the stock. 👍 

🎯 Zee Media Corporation : Promoter 25FPS Media invoked pledge of 44 lakh shares on September 3. Positive for the stock. 👍

🎯 Adani Power : Promoter entity Adani Tradeline LLP released 1 crore pledged shares. Positive for the stock. 👍

✒ ✒ ✒ ✒ ✒ ✒ ✒ ✒ ✒ ✒ ✒ ✒ ✒ 

Edited by Sharp.