Nifty Auto index registered a gain of about 1%.
The business will be set up under a new venture ‘Novel Jewels Ltd.'
On the sectoral front, the Nifty IT index is trading 2.23% lower.
Allcargo Logistics Stock Surges on Transindia Real Estate's Stake Divestment to Blackstone
Shares reaching a new 52-week high of Rs 129 is driven by optimism surrounding the Kavach system
Moreover, NELCO has the opportunity to pursue additional investments to raise its ownership stake to a minimum of 30%.
Total volume for the month registered a growth of 8%.
The floor price for the auction has been set at Rs.3,150 per share
Globally, US markets wrapped up in red territory.
Investors are eagerly eyeing the US Monetary Policy meeting to be held on June 8, 2023.