On the opening bell, among the Nifty-listed companies, 25 stocks advance, while 24 stocks experienced decline
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In the sectoral indices, all except Nifty FMCG, Nifty Pharma, Nifty Private Bank, and Nifty Healthcare Index close in the green.
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Since these funds have a minimum of 65 per cent in equities, they are treated as equity mutual funds and hence taxed accordingly
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The project cost is pegged at about Rs 391 crore, while timeline for the completion of this contract is 24 months
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The Rs 7,000 crore orders from Adani Power and Mirzapur Thermal Energy include the supply of equipment and supervision of erection and commissioning for a power project
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Among the Nifty companies, 29 advance, while 21 decline. Leading the pack of gainers are NTPC, SBI, ONGC, Coal India, and Power Grid
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Presently, FPIs reportedly get up to seven working days to submit information in case of any material changes in it
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The allotment for the IPO is scheduled on 06 followed by listing on BSE and NSE on Monday, 10 June
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In the Nifty50 index, interestingly all the 50 peers end in the green territory with Adani Ports topping the index with more than 8 per cent gain
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Hindalco says "Novelis will continue to evaluate the timing of the offering in the future"
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