The construction arm of Larsen and Toubro has been chosen as the contractor to establish various systems related to renewable energy generation and utilities, for the Amaala project in the Red Sea region of Saudi Arabia, the company informed stock exchanges on Wednesday.
Wednesday saw the listing of three initial public offerings on Indian stock exchanges. Happy Forgings listed with a 17 per cent premium, while Credo Brands and RBZ Jewellers made their debuts largely on a muted note.
The Sensex opened 1.12 points higher at 71,112.85, and the Nifty saw an opening gain of 18.70 points at 21,368.10. The initial market movements indicate optimism among market participants after the festive break.
UAE stocks generated strong cash flows Monday, with market liquidity surpassing AED1 billion. International Holding Company (IHC) and Dubai Electricity and Water Authority (DEWA) topped the market in terms of number of transactions.
Cumulatively, the past twelve months have been stellar for investors who parked their money in Indian stocks. Though there has been a couple of turbulence, first during the Adani-Hindenburg episode and lately during the initial days of the Israel-Hamas war, the calendar year 2023 gave han
Nadim Najjar, Managing Director, Central Eastern Europe, Middle East Africa (CEEMA), for the London Stock Exchange Group (LSEG), asserted that UAE financial markets are undergoing a remarkable transformation.
The meeting witnessed the participation of prominent members of the Central Election Commission, including Senior Deputy Commissioner Dharmendra Sharma, Nitish Vyas, Deputy Commissioner Hirdesh Kumar, and Director Santosh Ajmira.
Some of China's most prominent analysts have been subjected to social media restrictions, designed to restrict their ability to comment on the country's ailing stock markets and struggling economy, reported CNN.
The sources said the meeting will discuss party's preparations for the Lok Sabha polls next year and there will be stocktaking of the results of assembly polls last month
Analysing the daily chart for Nifty 50, market observers noted the formation of a bullish piercing candlestick pattern, suggesting potential bullish momentum in the market.
The Sensex observed a marginal dip, opening 90.95 points lower at 70,772.15, while the Nifty displayed a contrasting trend with an opening gain of 8.70 points, reaching 21,263.75.