Yesterday’s Major Headlines

BEML signed MoU with IRCON International

Chalet Hotels entered into new agreements with Marriott Hotels India to build 5 hotels

Indian indices

The benchmark indices closed mixed after a see-saw trade on December 30, amid lack of domestic as well as global cues. At the end Sensex fell by 0.04% or 17.14 points to 41,558. The Nifty rose by 0.08% or 10.05 points to 12,255.85

Following are the stocks/sectors which were in news today:

RITES rose by 1.54% to Rs. 289.95, after the board, approved an investment of Rs. 48 crore for acquiring a 24% stake in Indian Railways Station Development Corporation (IRSDC).

Inox Wind rose by 2.51% to Rs. 34.70, after the company signed a term sheet for an EPC contract of 250 megawatts (MW) from Continuum Power Trading (TN)

Global signals

Asia stock markets ended mixed on December 30, the last full trading day of the year for several major markets in the region.

European shares fell on December 30, after a record-setting run that was fuelled by easing fears of a global recession and optimism around a US-China trade truce, with investors now looking for concrete details on the Phase 1 agreement.

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