Vedanta needs to raise funds for meeting upcoming loan repayments.
Purchase done through open market transactions.
Foreign equity markets are showing volatility.
Jio plans to have its 5G network in every town of India by December 2023.
Size of the Investment Trust will be Rs 3,500 crore.
Here are some stocks that may show significant price movement today.
Brigade enterprises (BRGD) is looking at strong performance in Q4FY23 across the Residential and Leasing segments. It is on track to report ~20% volume growth for the Residential business in FY23, and has achieved 9MFY23 leasing of >0.9msf, higher than the full year FY22 at 0.8msf.
The Scheme has the flexibility to invest in a range of debt instruments and would seek to minimise interest rate risk while avoiding undue credit risks.
Merchandise trade deficit for February 2023 touched the lowest level in 12 months at $17.43 billion.
The company will use net proceeds from the IPO to fund the working capital requirements and for other general corporate purposes.
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