Goodwill Investors’ Education initiative Goodwill’s Eagle Eyes!

Goodwill Investors’ Education initiative Goodwill’s Eagle Eyes!

Market LIVE: Sensex 400 pts up, Nifty above 17.3k; auto, financials, metal shine: Sensex opens firm on last day of year

Stock Market Today: The blue-chip NSE Nifty 50 index on Thursday ended at 17,203.95, down 9.65 points, or 0.06% and the benchmark S&P BSE Sensex rose 12.17 points, or 0.02%, to 57,794.32.

Domestic equity market is set for the final listing of 2021 as CMS Info Systems will make its debut today. GST Council will meet today on the eve of several key amendments scheduled to be coming into effect in 2021, including tax rate changes.

“The markets have opened with a bang and are inching towards the hurdle of 17350. This is a crucial point and if we can close above this resistance level, the index will scale higher towards 17600. With a strong base at 16800, intraday dips can be utilized to accumulate long  positions.Global equities are closing out a strong year, driven by a U.S. surge while Asia lagged partly because of weakness in China on regulatory curbs and a slowing economy. Bond investors are nursing losses as many central banks move toward tighter monetary settings to fight inflation. How the corona virus and those policy shifts shape economic reopening are key for the outlook.

Tech Mahindra to acquire 100% stake in US-based Allyis Group …

IT major Tech Mahindra on Friday announced that the company approved the proposal to acquire 100% equity shares in Allyis India Private Limited and the company’s wholly owned subsidiary viz., Tech Mahindra (Americas) Inc approved the proposal to acquire 100% equity shares in Green Investments LLC.

CMS Info Systems shares make a tepid market debut …Shares of CMS Info Systems made their stock market debut on the last day of the year that witnessed record number of companies raising funds through public issues. CMS Info Systems shares got listed at ₹220 per share on the NSE, nearly 2% premium as compared to its IPO issue price of ₹216 apiece. On the BSE, the stock started trading at ₹218.5 per share in Friday’s session.  Reliance to acquire UK’s battery tech provider Faradion for £100 million

The Reliance Industries Limited announced on Friday its solar unit, Reliance New Energy Solar Limited (RNESL), will buy sodium ion battery technology provider Faradion Ltd for 100 million pounds including debt.  Goodwill Wishes all the investors a very happy New Year 2022 and  a profitable new Year ahead!

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