The Indian market is expected to trade lower on Friday tracking muted trend seen in other Asian markets.
"With the Nifty breaking 7,900, the negative bias will remain for some time. I would advise selling or keeping a short position on the Sensex with a stop loss just above 26085. Nifty closed below 26K at 25, 886.62 on Thursday," said Mitesh Thacker, Technical Analyst, miteshthacker.com.
"While trading keep a very tight stop loss just above 26,085, maybe around 26,100
CIL Ltd: State-owned Coal India LtdBSE 0.03 % has estimated a capital investment of Rs 57,000 crore over the next five years to increase the production to 908.1 MT, as part of the road-map for one billion tonne coal production by 2020, Parliament was informed today.
Dabur India Ltd: Dabur has become the first major private Indian company to be hit by prevailing political tension in Nepal as the homegrown FMCG giant is expecting its juice sales to dip 10-15 per cent in October-November due to disruption of supplies from its plant in the Himalayan nation.
Tata Motors Ltd: Tata Motors owned Jaguar Land Rover (JLR) is reportedly examining a bid worth millions of pounds to buy Britain's Formula One Grand Prix track, according to a media report.
Dena Bank Ltd: Public sector lender Dena BankBSE 2.65 % has got board approval for dilution of government holding to up to 52 per cent and raise capital up to Rs 2,500 crore from various bonds.
Mastek Ltd: IT solutions company MastekBSE -2.38 % said it will make no further investments towards development of 'Veyo', a platform built to help in conveyancing process.
Reliance Communications Ltd: Veteran telecom industry executive and former CEO of Orange SA, Sanjiv Ahuja backed by private equity buyout group TPG Capital has emerged as frontrunners to buy Anil Ambani led Reliance Communication's (RCom) telecom towers arm Reliance Infratel.
Apollo Tyres Ltd: The tyre maker said production operations at its plant located at Oragadam, near Chennai have been disrupted due to flooding at the factory premises caused by heavy rains.
Havells India Ltd: Foreign fund house Citigroup Global Markets Mauritius offloaded 61 lakh shares of Havells IndiaBSE 0.83 %, an electrical and power distribution equipment firm, for over Rs 178 crore through an open market transaction.
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