Ahead of Market: 10 things that will decide stock market action on Friday

Ahead of Market: 10 things that will decide stock market action on Friday

The Indian market was closed for the Christmas holiday on Thursday. On Wednesday, Dalal Street closed lower, with the Sensex and Nifty retreating amid thin, pre-holiday trading as foreign investors turned net sellers and a lack of fresh triggers kept risk appetite in check. Losses in oil and gas, pharmaceutical, and IT stocks weighed on … Read more

Godawari Power and Ispat board approves Rs 301 crore share buyback at 30% premium, sets record date

Godawari Power and Ispat board approves Rs 301 crore share buyback at 30% premium, sets record date

The Board of Godawari Power and Ispat approved a share buyback plan from investors for Rs 301 crore. Under the proposed plan, the company will buy back about 21.5 lakh fully paid-up equity shares at Rs 1,400/share. The buyback price is at a 30% premium to the current market price of Rs 1,078 per share. … Read more