Japanese shares led Asian markets higher, with Japanese export focused companies attracting investors as the dollar gained against the yen.
Asian stocks slipped, their recent recovery stalling after European equities broke a winning streak, while the dollar edged up to pull further away from three-year lows.
NSE benchmark Nifty rebounded 85 points on robust buying in realty, energy, pharma and auto counters amid positive global cues.
Singapore Exchange said its entire India suite of products, including Nifty, will open and operate per normal on Monday.
NSE benchmark Nifty slipped 121.90 points to end at 10,454.95, driven by global weakness on worries over US interest rate hikes.
Asian stocks fell, with Chinese shares slipping to multi-month lows after Wall Street shares dropped again in the face of rapidly-rising bond yields.
The NSE benchmark Nifty remained in the negative zone for the seventh straight session today after the RBI kept the repo rate unchanged in view of firming inflation.
Falling for the sixth straight session, NSE Nifty lost 168 points as the post-Budget sell-off continued amid a global market rout.
Nifty dropped for 5th straight session, falling 94 pts to end below 10,700 -level, due to massive selling mainly in private banks, financials, metal and infra counters.
Euro neared peaks as talk of policy tightening in Europe and higher inflation drove up borrowing costs globally, a move that sparked a sell-off in Asian equities.
Ultratech Cement leads race to take over Binani Cement
Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors
Dalmia Bharat offers Rs 6,300 Cr
Dalmia seen to lose as UltraTech offering equity stake to creditors
Final decision on winner to be ratified by NCLT
Business Standard Reporst
4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model
Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray
NHAI hopes to generate more than Rs 6000 cr Under TOT model
auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km
Successful bidder to get toll collection rights for 30 years
Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide
Recommend duty for 5 Yrs on DMAC originating from China and Turkey
Co bags Rajasthan Project
Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan
Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation
With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets
On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation
Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations
To be out of F&O if it does not declare quarterly results by March 1
All existing F&O contracts will expire on March 28
No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1