The weekly options data indicated that 26,000 is expected to be a crucial resistance zone, which was tested intraday on Wednesday, with immediate support at 25,900. Nifty outlook for February 12 The Nifty 50 maintained its uptrend for the fourth consecutive session despite consolidation and continued forming higher highs and higher lows for three…
BHEL OFS: The government will open the Offer for Sale (OFS) in Bharat Heavy Electricals Limited (BHEL) on Wednesday for non-retail investors, with retail investors allowed to place bids on Thursday. The government has launched an Offer for Sale (OFS) to divest up to a 5% stake in state-run Bharat Heavy Electricals Limited (BHEL).…
NCLT in its order said that the merger scheme is in the public interest, as it enhances operational efficiency, consolidates resources, and does not prejudice the rights of shareholders, creditors, or statutory authorities. Adani Group’s Ambuja Cements on February 9 announced that the Ahmedabad bench of the National Company Law Tribunal (NCLT) has approved…