Sensex, Nifty likely to open higher amid mixed global cues

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Sensex, Nifty likely to open higher amid mixed global cues

The Indian market is likely to open higher today as the SGX Nifty rose 94 points to 15,658. The market ended up higher on Thursday, led by gains in IT and auto shares amid mixed global cues. The Sensex rose 443 points to 52,265 and the Nifty ended up 143 points higher at 15,556.

Maruti, M&M, Asian Paints and Bharti Airtel were the top Sensex gainers, rising to 6.33 per cent. Reliance, NTPC, PowerGrid and UltraTech Cements were the Sensex losers, falling up to 1.62 per cent.

Here's a look at stocks that are likely to remain in news today.

Vodafone Idea: The debt-ridden telecom operator Vodafone Idea will seek shareholders' nod to raise Rs 436 crore from its promoter group Vodafone in an extraordinary general meeting on July 15, the company said.

Thermax: First Energy Private FEPL, an arm of the company, has acquired two companies, Jalansar Wind Energy and Jalansar Wind Energy.

Vedanta Electronics Manufacturing Services Company chairman Young Liu met Vedanta Group's managing director Akarsh Hebbar to discuss their proposed electronic chip manufacturing plant's location.

The promoter of Mumbai-listed company has proposed 1,380 crore in cash and 10 percent in equity to lenders as a settlement in a last-ditch attempt to exit bankruptcy proceedings.

Jammu Kashmir Bank: The bank's board will meet on June 28 to discuss fundraising.

A senior Road Transport and Highways ministry official said on Thursday that the government has ordered an independent investigation into a Nexon electric vehicle catching fire in Mumbai. Tata Motors is also investigating the incident.

Over 4 lakh equity shares were sold through open market transactions by Suyog Telematics: Nariman Investment Holdings.

Hero MotoCorp: The two-wheeler maker said it would raise prices of motorcycles and scooters by up to 3,000 from July 1 to partially offset the growing cost inflation, including commodity prices.