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Aggressive New Short:
Aggressive New Long:
RIL gets subscription amount from Facebook:
Jio Platforms Limited, a subsidiary of Reliance Industries (RIL) received the subscription amount of Rs 43,574 crore from Jaadhu Holdings, LLC (a wholly owned subsidiary of Facebook Inc). Jio Platforms has allotted equity shares to Jaadhu Holdings following which Jaadhu Holdings holds 9.99% of the fully diluted equity share capital of Jio Platforms Limited.
What changed for the market while you were sleeping? Top 10 things to know
Trends on SGX Nifty indicate a positive opening for the index in India with 27 points gain.
Yes Bank approves fund raising:
The Capital Raising Committee (CRC) of the board of directors of the Yes Bank has approved raising funds by way of a further public offering.
Post closure of the requisite formalities with the Registrar of Companies, the details in respect of the offer will be disseminated
A meeting of the CRC of the bank is scheduled to be held on or after July 10, 2020, to consider and approve, amongst other things, the price band and discount, if any.
Indian ADRs ended mixed:
Wall Street ends lower:
US stocks fell on Tuesday, adding to losses into the close, as investors took profits a day after the S&P 500 logged its longest streak of gains this year and as new US coronavirus cases rose further.
Asian Markets trade firm:
SGX Nifty: Trends on SGX Nifty indicate a flat start for the broader index in India, with a gain of 15.50 points or 0.14 percent. The Nifty futures were trading around 10,775.50 level on the Singaporean Exchange at 7:40 IST.
