Shares in focus: Laxmi Natural, Craftsman, Jubilant FoodWorks, Rail Vikas Nigam, Canara Financial institution, GAIL

Markets could witness volatility as March F&O contracts will expire on Thursday.

Headline indices BSE Sensex and Nifty 50 had been eyeing a detrimental opening but once more on Thursday, after buyers misplaced Rs 3.27 lakh crore within the earlier session. On the again of rising coronavirus circumstances within the nation, Sensex plunged 871.13 factors, whereas NSE Nifty closed at 14,549. Markets could witness volatility as March F&O contracts will expire on Thursday. Moreover, market individuals will intently watch the RBI Governor Shaktikanta Das tackle within the seventh version of the India Financial Conclave late within the day.

Laxmi Natural, Craftsman: Laxmi Natural Industries and Craftsman Automation shares will make their inventory market debut on Thursday. Laxmi Natural IPO was subscribed 107 instances and was offered in a value band of Rs 129-130 per share. Whereas Craftsman situation was offered within the value vary of Rs 1,488-1,490 per share between March 15-17, 2021. The IPO noticed a 3.82 instances subscription.

Jubilant FoodWorks: Jubilant Foodworks Restricted introduced that it has entered into an unique Grasp Franchise and Improvement Settlement with PLK APAC Pte. Ltd to develop, set up, personal and function a whole bunch of Popeyes eating places in India, Bangladesh, Nepal and Bhutan within the coming years.

Rail Vikas Nigam Ltd: RVNL has knowledgeable BSE concerning the train of oversubscription choice to the extent of 1.10 crore fairness shares (representing 0.53% of the entire issued and paid-up fairness share capital of the corporate) along with the bottom supply dimension. The OFS will open for retail buyers on Thursday.

Canara Financial institution: Canara Financial institution on Wednesday mentioned it’s organising an public sale of two,000 borrower properties in its possession on Friday. The properties, which embody residential flats, flats, impartial homes, industrial lands, business complexes, workplace areas and vacant lands, shall be offered by an e-auction underneath the provisions of the Sarfaesi Act, an official assertion mentioned.

GAIL India: GAIL India desires to purchase out the whole 26 per cent stake of Better Calcutta Fuel Provide Company (GCGSCL) in its three way partnership, Bengal Fuel Firm (BGCL), to make it its personal 100% subsidiary. Nonetheless, the West Bengal government-owned GCGSCL is unwilling to switch any share.

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