Stock Market LIVE: Tata Motors Demerger: Last Day To Buy Before Record Date
Investors will have one last chance to trade Tata Motors as a consolidated entity as Monday marks the final trading day for Tata Motors Ltd. shares before the demerger record date.
Once the demerger kicks in, Tata Motors is set to split into two different entities by dividing the commercial vehicle business and the passenger vehicle business – a move aimed at unlocking growth between the two distinct operations.
Investors will have one last chance to trade Tata Motors as a consolidated entity as Monday marks the final trading day for Tata Motors Ltd. shares before the demerger record date.
Once the demerger kicks in, Tata Motors is set to split into two different entities by dividing the commercial vehicle business and the passenger vehicle business – a move aimed at unlocking growth between the two distinct operations.LIVE: GIFT Nifty Hints At Positive Open; DMart, HCLTech, Zen Tech Shares In Focus
The GIFT Nifty was trading 0.43% or 108.50 points higher at 25,321, which hinted at a positive open for the NSE Nifty 50 and BSE Sensex. This comes after US futures saw an uptick following US President Donald Trump’s latest post on China saying “it will all be fine”.
Traders will keep an eye on Avenue Supermarts Ltd., HCLTech Ltd., Zen Technologies Ltd., Waaree Technologies Ltd., and BLS International Ltd. on the back of their second-quarter earnings and overnight news flow.
The NSE Nifty 50 and BSE Sensex ended higher on Friday, for the third day in a row. The Nifty 50 ended 0.41% or 103.55 points higher at 25,285.35, and the Sensex ended 0.40% or 328.72 points higher at 82,500.82.
. Read more on Markets by NDTV Profit.The Nifty 50 and Sensex are expected to gain at open. Follow NDTV Profit’s live blog for updates on stock price movement, latest views from analysts, and Q2 earnings update. Read MoreMarkets, Notifications NDTV Profit
