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Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Sensex Nifty Today: Stocks firm on gains in metals and energy
Economy

Sensex Nifty Today: Stocks firm on gains in metals and energy

Economy Desk By Economy Desk March 9, 2025 5 Min Read
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Zydus Lifesciences has received USFDA approval to sell generic leukaemia tablets, marking a positive development for the company. TCS has partnered with Vantage Towers to enhance Telecom Site Management in Europe, a move that is expected to have a positive impact on both companies. Galaxy Surfactants has entered into a strategic collaboration with one of its global customers for providing EPC Services, signaling a positive development for the firm. Wipro has launched TelcoAI360 to transform operations for telcos by leveraging AI, a move that is expected to bring positive results for the company. GHV Infra has secured a Rs. 363.00 Cr EPC order for a 100 MW solar power project in Gujarat, marking a positive development for the company. R Systems has launched an IoT Smart C2C Connector on AWS to simplify smart home device integration, a move that is expected to have a positive impact on the company. Jaykay Enterprises’s subsidiary has received possession of 5 acres of land for a manufacturing unit, marking a positive development for the company. Cellecor Gadgets has partnered with Zepto, India’s leading quick commerce platform, to expand its online sales channels, a move that is expected to have a positive impact on the company. Medplus Health’s subsidiary has received two suspension orders for drug licenses at Bangalore stores, marking a positive development for the company. IOL Chemicals has received a Certificate Of Suitability For its API Product “Quetiapine Fumarate” from the European Directorate For The Quality Of Medicines & Health Care, marking a positive development for the company. RPP Infra has received a letter of acceptance (LoA) for a new contract worth Rs 80.98 crore, a move that is expected to have a positive impact on the company. Route Mobile has partnered with Proximus Global, BICS and Telesign to explore opportunities in network API solutions, marking a positive development for the company. US President has given a one-month tariff exemption to US automakers, bringing positivity for the auto ancillaries. Brent oil sustains below $70/bbl, signaling a positive development for oil downstream companies. MosChip has launched “MosChip DigitalSky GenAIoT” to accelerate the development of Next-Gen Connected, Intelligent Products, marking a positive development for the company. Edible oil prices are expected to soften as China slaps an extra 10% import duty on US Soya, bringing positivity for FMCG Stocks. Zaggle has entered into an agreement with Tech Mahindra Limited, a move that is expected to have a positive impact on the company. Sandeep Kumar Jain has resigned as Chief Financial Officer of Walchand Nagar w.e.f. February 28, 2025, marking a neutral development for the company. ACME Solar plans to invest Rs 17,000 crore on capital expenditure by 2026, a move that is expected to have neutral implications. Vimta Labs has appointed Siva Rama Krishna Kambhampati as CFO of the company w.e.f. March 6, 2025, marking a neutral development. P N Gadgil has opened a new store in Pimpri Chinchwad, Maharashtra on Mar 05, 2025, signaling neutral implications. RCC Cements has announced the resignation of its Chief Financial Officer, Mr. Rajesh Kumar, marking a neutral development for the company. Manoj Vaibhav Gems & Jewellers is opening a new jewelry store, “Vaibhav Jewellers,” in Palasa, Andhra Pradesh on March 07, 2025, a development with neutral implications. Orient Electric Ltd has announced the resignation of Ms. Jyotsana Balasubramanian, Head of Internal Audit, effective March 7, 2025, a move with neutral implications. Amber Enterprises has received a Show Cause Notice from the Principal Commissioner of Customs regarding an incorrect claim of preferential duty, marking a neutral development for the company. LIC Housing Finance’s Board has approved a borrowing budget of up to ₹1.22 lakh crore for FY26, signaling neutral implications. Hindustan Zinc has scheduled a Committee of Directors meeting on March 10, 2025, to evaluate fundraising through the issuance of listed non-convertible debenture, a move with neutral implications.

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