The Indian benchmark index tends to be open higher on Tuesday after the trend rises in the Nifty50 futures contract. The contract listed in the Singapore Exchange rose 0.5 percent to 17,373.5 points at 6:46 a.m. The Indian stock market is expected to open in green as a trend in SGX Nifty shows the opening of the gap-up for a wider index in India with an increase of 110 points. BSE Sensex climbed 231 points to 57,593, while Nifty50 jumped 69 points to close at 17,222 and form a small bullish candle that resembled a type of pattern on the daily chart.
Tata power
The company has collaborated with RustomJee Group to provide end-to-end electrical charging solutions in all housing and commercial projects in the Mumbai Metropolitan region.
Wockhardt
SBI Life Insurance
The company on March 28 has launched a block transaction where the Canadian pension fund will sell 0.56 percent of its shares in the company at RS 1.039 – RS 1.077 respectively. This is the second sale by Canadian pension funds in a week. Last week selling 4 crore shares in the Mahindra Bank box.
ICICI Bank.
Lenders will buy 15 percent of shares in Indian debt resolution companies in Tranches.
Aurobindo Pharma.
The company has obtained certain businesses and assets from Vererz Healthcare, for RS 171 Crore. Veraraz operates in the pharmaceutical industry in India and sells branded generic formulations and other health care products.
Swelect the energy system
Renewable Swellect Energy subsidiary has successfully assigned the 11 MWAC solar power plant in Trichy, Tamil Nadu. It has implemented a Power Purchase Agreement with Captive Users – Hatsun Agro products, Prashanth fertility research center, and Mudhra Fine Blanc – for the sale of solar power for a period of 15 years from the factory. The company has received Rs 15.97 Crore from one of its customers, the public sector that conducts after the arbitration award is approved for the company. This payment is related to certain disputes that arise from the contract for the supply of smooth pipes by the company.