Getty ImagesThe NSE Nifty index closed 159.0 points up at 17557.05, while BSE Sensex ended up 582.87 points at 59689.31.
On the other hand, Eicher Motors Ltd.(down 2.35 per cent), Mahindra & Mahindra Ltd.(down 1.24 per cent), Adani Enterprises Ltd.(down 1.13 per cent), NTPC Ltd.(down 1.07 per cent) and IndusInd Bank Ltd.(down 1.07 per cent) were among the top losers of the day.
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HZL may not Act on Proposal to Buy Vedanta’s Zinc BizFacing strong opposition from the government, Hindustan Zinc Ltd (HZL) is unlikely to act on the proposal to buy parent Vedanta’s global zinc business in a $2.98 billion cash deal, said people aware of the matter.
Sebi Chief Briefs SC Panel on Adani-Hindenburg IssueIndia’s capital markets regulator on April 2 made a detailed presentation to the six-member committee set up by the Supreme Court following the publication of the Hindenburg report on Adani Group on January 25, said people familiar with the matter.
Sebi’s Promoter Tag Push Stumps Startups, may Disrupt IPO PlansPortea Medical (Healthvista India Ltd) has reclassified its founders Meena Ganesh and Ganesh Krishnan as “promoters”, the company disclosed in a filing with the Securities and Exchange Board of India (Sebi) last month. It marks the first instance where the stock markets regulator has intervened to get the founders to be reclassified as promoters, said people aware of the development.
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