Power Grid Corporation Of India has actually signed a share purchase agreement with Jaiprakash Power VenturesThe domestic stock markets are most likely to start the week on a careful note due to combined international hints.
Trends on SGX Nifty indicate a flat opening for the index in India, with a 2-points gain.
At 7:30 am, the Nifty futures were trading essentially unchanged at 14,520 on the Singapore Stock Exchange.On Friday, the BSE Sensex got 641.72 points, or 1.30 percent, to close at 49,858.24 and Nifty increased 186.10 points, or 1.28 per cent, to 14,744.
Stocks to enjoy in sell today's session: Bharat DynamicsThe Ministry of Defence has signed an agreement with Bharat Characteristics for the supply of Milan-2T anti-tank assisted rockets to Indian Army at an expense of Rs 1,188 crore.Adani Green EnergyAdani Green Energy will get 100 per cent stake in an SPV holding 50 MW operating solar job of the Toronto-headquartered SkyPower Global.Power Grid Corporation Of IndiaPower Grid Corporation Of India has signed a share purchase agreement with Jaiprakash Power Ventures for acquisition of 74 per cent stake of JVPL in Jaypee Power Grid at an aggregate cost of Rs 351 crore.
JPL will consequently become a wholly-owned subsidiary of the business.
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