Facebook Pixel Code

These 4 shares will be in news today

Indian stock markets are likely to open lower on Monday as most of the Asian shares dropped in the early trade today following the uncertainties over another round of trade war between US and China.

These 4 shares will be in news today

Indian stock markets are likely to open lower on Monday as most of the Asian shares dropped in the early trade today following the uncertainties over another round of trade war between US and China. The early indicator of NSE Nifty, SGX Nifty Futures was trading 0.36% lower at 10,790 on the Singapore Exchange on Monday.

These stocks will be in focus today

PNB: In PNB, the wilful defaulters borrowing has risen to about Rs 15,490 crore as at the end of May. This is 2% higher from April 2018.

Idea: The telecom department is likely to approve tomorrow the merger of Vodafone India and Idea Cellular that will create the country’s largest mobile service operator with proposed name of Vodafone Idea Ltd, PTI reported citing an unnamed source. “DoT is expected to clear the Vodafone-Idea merger on Monday. The certificate will be handed to them,” a PTI report said.

South Indian BankSouth Indian Bank is planning to raise up to Rs 520 crore through a mix of equity and debt instruments to meet its business needs.

NBCC: State-owned construction firm NBCC plans to invest around Rs 500 crore to acquire a majority stake in two loss-making public sector firms, PTI reported citing Chairman-cum-Managing Director Anoop Kumar Mittal.

Meanwhile, Asian shares fell on Monday after US President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind, Reuters said in a report.

If you are keen to know more about Nifty 50 and BSE Sensex levels and seek expert advice on what’s driving the gains and how to build your portfolio, track the latest stock market stats, share market news and top brokerage bets on Financial Express. Download the Financial Express App for the fastest and most reliable business news alerts, key investment strategies and latest movers and shakers from across financial market.

First published on: 18-06-2018 at 09:22 IST
Market Data
Market Data
Today’s Most Popular Stories ×