The private stock markets are probably to open in the red on the back of negative global signals. US stocks ended sharply lower a substantial number of sell on Friday, ending a week hitting continuously by strong economic data, corporate tax hike worries, the Delta COVID form, and possible shifts in the US Federal Reserve’s timeline for narrowing down asset purchases. Asian shares eased on Monday in the middle of the week differentiate with no less than a dozen central bank meetings, accentuate by the Federal Reserve which is likely to take another step toward diminishing. The trends on SGX Nifty indicate a gap-down opening for the Nifty, with a 129-points loss.
On Friday, the BSE Sensex had corrected 125.27 points to close at 59,015.89 and Nifty fell 44.30 points to 17,585.20.
Stocks to watch in trade in today’s date
Wipro, an Indian multinational corporation launched The Wipro-Google Cloud Innovation Arena in Bangalore to accelerate the adoption of cloud services.
Zydus Cadila is the Indian pharmaceutical industry that has received its final approval from the US Food and Drug Administration for vortioxetine tablets, which are used for treating depression.
NCL Industries has made an alliance agreement with Moravia Containers A.S. of the Czech Republic for manufacturing modular containers and systems.
Nazara Technology Limited is a well-established Mobile Gaming Company and an independent subsidiary of Nazara Technologies which has obtained the gaming and IP business of OML Entertainment for ₹ 73 crores.