IREDA shares in focus on getting government nod to raise funds via capital gains bonds

IREDA will also be in focus today as it reports its quarterly results for the April-June period.

IREDA will also be in focus today as it reports its quarterly results for the April-June period.

According to data available on the exchanges, Abakkus Asset Managers bought 36.73 lakh shares at ₹298.33 apiece. This takes the total transaction value to ₹109.5 crore.

Sensex Today | Stock Market LIVE Updates: After trading above the flat line for the better part of the session, a sharp fall in index heavyweight Reliance Industries dragged the Nifty lower, ensuring a close below the 25,500 mark.

Equities in Australia and South Korea gained and those in Japan dipped.Japanese government bonds were steady ahead of an auction of 20-year JGBs Thursday. The dollar edged lower in early Asian trading.

West Texas Intermediate held above $68 a barrel after closing little changed on Wednesday. Brent settled near $70.

India’s largest insurer as now been a public company for over three years but continues to lack free float in the market as the government continues to hold a majority stake.

Sources further added that the government has approved Offer for Sale (OFS) transactions in five PSU banks this fiscal year.

RailTel Corporation of India, Ambuja Cements, Emcure Pharmaceuticals, Bharti Airtel, Life Insurance Corporation of India, Muthoot Capital Services, IDBI Bank, Enviro Infra, LIC and more, these are the stocks to watch for tomorrow.

The government has approved an Offer for Sale (OFS) in Life Insurance Corporation of India (LIC), according to sources.

Bharti Airtel has incorporated a new step-down wholly-owned subsidiary, Airtel Money Limited. The company also deepened its partnership with Ericsson to enhance Fixed Wireless Access (FWA) services in India.