Market Bizzz

Jindal Steel & Power Ltd. key Products/Revenue Segments include Iron & Steel Items, Power, Other Sales, Other Operating Revenue, Export Incentives, Scrap for the year ending 31-Mar-2021.

IT major HCL Technologies has expanded strategic partnership with Google Cloud to accelerate digital services for enterprises. HCL Tech will train up to 18,000 technology and consulting professionals on Google Cloud.

Maruti Suzuki India Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 262900.28 Crore) operating in Auto sector.

Earlier this week, U.S. economic data suggesting that the labor market and economy were slowing as well as the Reserve Bank of Australia’s surprise move to raise rates by only 25 basis points fuelled hopes of less aggressive interest rate hikes by central banks and lifted risk sentiment.

Also, Meenakshi Enterprises will convene its board meet to consider and approve resignation of Vidhya Damodaran from chief financial officer of the company and to appoint her as the company secretary and compliance officer of the company.

​​​On Wednesday, the ADP National Employment report showed private employers increased hiring last month, while separately the Institute for Supply Management’s (ISM) non-manufacturing PMI reading came in slightly above expectations, suggesting underlying strength in the economy despite rising interest rates. Investors are likely to shift focus to U.S. nonfarm payrolls data due on Friday.

“India has one of the largest and most liquid onshore bond markets among Emerging Market economies, and over the past two years, the market has made significant strides in easing the access for foreign portfolio investors,” the Wall Street Financial powerhouse said in a separate statement.