 "Pre-Market: Positive opening seen on global cues")
Markets are likely to open in the green, taking cues from the global bourses.
In US, markets rebounded towards the end of day, ending finally higher by half a per cent each. Dow JOnes added 0.3% at 14,989.
Following the gains in Wall Street, Asian markets have also opened positive. The Seoul Composite is leading wirh 0.5% gains at 1834. Nikkei is unchanged at 14,050. At 800 hrs IST, the SGX Nifty is trading up 17 points at 5789.
Jindal Steel and Power plans an investment of about Rs 12,000 crore this year for its ongoing 6.5 million tonne steel plant in Odisha besides setting up a power plant in Jharkhand.
Asset finance company Magma Fincorp Limited plans to increase disbursement of retail loans by 29% in Rajasthan during the current fiscal.
GlaxoSmithKline Consumer Healthcare is introducing liquid and tablet versions of its Eno brand to strengthen its leadership position in the digestive antacid market in India.
Real estate firm Omaxe today said it will invest Rs 200 crore to set up a five-star hotel in New Chandigarh, where it is developing an integrated township.
In US, markets rebounded towards the end of day, ending finally higher by half a per cent each. Dow JOnes added 0.3% at 14,989.
Following the gains in Wall Street, Asian markets have also opened positive. The Seoul Composite is leading wirh 0.5% gains at 1834. Nikkei is unchanged at 14,050. At 800 hrs IST, the SGX Nifty is trading up 17 points at 5789.
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Watch out for Deepak Fertiliser & Petrochemicals Corporation which has bought a 24% stake in Mangalore Chemicals & Fertiliser Ltd in block deals executed in the stock markets in the last two days. Deepak is planning to launch an open offer for MCF in the next few days to take its stake to 44%, say banking sources.
Jindal Steel and Power plans an investment of about Rs 12,000 crore this year for its ongoing 6.5 million tonne steel plant in Odisha besides setting up a power plant in Jharkhand.
Asset finance company Magma Fincorp Limited plans to increase disbursement of retail loans by 29% in Rajasthan during the current fiscal.
GlaxoSmithKline Consumer Healthcare is introducing liquid and tablet versions of its Eno brand to strengthen its leadership position in the digestive antacid market in India.
Real estate firm Omaxe today said it will invest Rs 200 crore to set up a five-star hotel in New Chandigarh, where it is developing an integrated township.