After rising for the six consecutive sessions, BSE Sensex and Nifty 50 were staring at a gap-down start on the first day of the week.
Subsequent to ascending for the six sequential meetings, BSE Sensex and Nifty 50 were gazing at a hole down beginning on the main day of the week, as proposed by patterns on SGX Nifty. Clever fates were exchanging 52.50 focuses down at 13,729.50 on Singaporean Exchange. Worldwide signals will keep on directing business sector pattern without any significant homegrown occasion. "We keep on keeping a warily bullish standpoint and recommend dealers be light on the aches as the market is extended for the time being. Any forceful crisp purchasing should be dodged at current levels. Prompt help for Nifty is currently positioned at 13450. Under 13450, we may get an affirmation for a short benefit booking proceed onward the disadvantage which can then retest 13000 to 12800 zone," said Nirali Shah, Senior Research Analyst, Samco Securities.
ONGC: West Bengal got remembered for ONGC's oil and gas map with its eighth field at Ashoknagar in West Bengal beginning business creation on Sunday. ONGC first extricated 20 kilolitres of raw petroleum from the Ashoknagar oilfields early November this year and had sent it to Indian Oil's Haldia treatment facility for handling.
DHFL: The advisory group of loan bosses (CoC) of Dewan Housing Finance Corporation (DHFL) is probably going to meet again this week to talk about offers presented by the admirers, sources near the improvement told FE.
Dependence Home Finance: Six admirers, including Kotak Special Situations Fund (KSSF) and Asset Reconstruction Company (India) Limited (ARCIL), have submitted offers for Reliance Home Finance, a piece of Anil Ambani-advanced Reliance Group. Just two bidders submitted agreeable and restricting offers while four offers are non-authoritative and not consistent with offer conditions, PTI cited sources as saying.
Dependence Industries Ltd: RIL and its accomplice BP will get just $4.06 a unit for the new gas they have begun to deliver from the eastern seaward KG-D6 field despite the fact that they have found a higher rate in an open market sell off, PTI refered to sources as saying.
IDBI Bank: IDBI Bank has raised Rs 1,435 crore through an issue of value offers to 44 qualified institutional financial specialists, as per an administrative documenting. The bank had focused to raise Rs 2,000 crore (base size Rs 1,000 crore and green-shoe choice of Rs 1,000 crore) through the QIP issue at a story cost of Rs 40.63 each.
Canara Bank: Canara Bank on Saturday explained that it has a presentation of Rs 678.28 crore in the record of M/s Transstroy India Ltd, detailed as misrepresentation to the RBI on February 10, 2020, where 100% arrangement has been made in the record.