NHPC share price up on new two new project

The Markets Today in a nutshell

• The domestic equity benchmark ended with steep losses.
• IT shares were in demand. Negative global cues triggered profit selling in domestic shares following recent steep gains. Interest rate sensitives such as banking, auto & realty stocks witnessed heavy profit-taking and halted benchmark indices’ 7-day winning streak.

Capital Flows

News you could use

?NHPC share price up on new two new project
The stock price ended in the green after the company signed a Memorandum of Understanding (MoU) with Investment Board Nepal (IBN), Govt. of Nepal at Kathmandu, Nepal for preparation of Detailed Project Report (DPR) and development of two hydropower projects namely West Seti (750 MW) and Seti River 6 project (450 MW) in Nepal in the August.

?Metropolis Heathcare CEO resigns
The scrip was down over 2 percent as Vijender Singh has resigned as the Chief Executive Officer of the company. The company has agreed to release him from the position of CEO.

?Investor churning happening in Sona BLW Precision Forgings
Government of Singapore acquired 30,68,730 equity shares in Sona BLW Precision Forgings, while SBI Mutual Fund bought 87 lakh shares via open market transactions.

News from the IPO world?

• IPO frenzy returns as equity markets bounce back.
• Dreamfolks Services IPO opens on 24th Aug.
• Rakesh Jhunjhunwala backed Concord Biotech files draft papers to float IPO.

Numbers? that matter