Magma Fincorp: Magma Fincorp announces that Rising Sun Holdings, a company controlled by Adar Poonawalla, is set to acquire a controlling stake in Magma Fincorp, through a preferential allotment and open offer route. 

The stock of Jindal Poly witnessed a breakout stage-2 consolidation pattern, which has a depth of 22 per cent with a 25-week length. The volumes recorded on Wednesday were the highest in the last six months in a single day as the total traded quantity for the day stood at 7,97,911. 

With the weekly expiry on the cards on Thursday, it is likely to be yet another day of volatility. Going ahead, a close below the prior bar low of 14,977 levels, and then the likelihood of weakness extending towards 14,800 levels shall remain higher. Strength in Nifty shall not be expected unless it manages to close above the 15,150 levels.

Max Estates, a subsidiary of Max Group’s listed entity, Max Ventures & Industries Ltd (MAXVIL), today announced that it has leased 79,933 sq. ft at its flagship Grade A office complex, Max Towers situated in Noida to Cyril Amarchand Mangaldas (CAM), which is one of India’s leading legal firms.   

The leading pure-play water technology company, VA Tech Wabag announced on Wednesday that it has secured multiple orders worth about 100 million Euros in Switzerland, Tunisia & Libya.  

Datamatics Global Services today announced that it has entered into a strategic partnership for strengthening North American presence with System Soft Technologies (SSTech), a leader in enterprise IT services, solutions & products.

ICICI Prudential Asset Management Company Limited has announced the appointment of Anand Shah as Head of PMS & AIF Investments. Read onto find out more.

The total investment through SIP has come down to Rs 8,023 crore in the month of January, down by 5 per cent on a sequential basis. 

The market opened in red on February 10, 2021.

The market opened in red on February 10, 2021, overall volumes in futures & options currently stand at 3,47,36,120 contracts with a turnover of Rs. 34,13,813.85 crore.