News for Sundaram Multi Pap Limited (SUNDARAM.BO)

Bharat Dynamics signs Rs 290.90 cr contract with IAF; Zydus Lifesciences gets EIR report from USFDA; Lemon Tree Hotels launches 8th property in Uttarakhand; Dr. Madhu Sasidhar appointed as Chief Strategy Officer of Apollo Hospitals; Tata Motors to increase prices of commercial vehicles by 3%; RBI approves re-appointment of Sashidhar Jagdishan as MD & CEO of HDFC Bank; Jio launches AirFiber services; Kajaria Ceramics enters into JV with UK Parts; LJIN Electronics forms JV with Nexxbase; Mindtree launches Testing as a Service for Oracle SaaS; Biocon appoints Peter Bains as Group CEO; TARC to issue Rs 191 cr NCDs; Welspun to liquidate part of assets; Varroc Engineering to sell plant & machineries; Valiant Organics files RHP for IPO; Sasken to invest in AI/5G/Power IP licensing; Captain Pipes to set up greenfield plant; Prakash Industries gets EC for Bhaskarpara Coal Mine; WPIL gets Rs 14.3 cr order from MoD; Indo Amines acquires land; NBCC gets Rs 150 cr order; JK Lakshmi Cement to source solar power; B & A to acquire Moheema Tea Estate; DCM Shriram enters into strategic collaboration; Sundaram Multi Pap to sell non-core asset; Mawana Sugars gets SEBI show cause notice. #Business #Contracts #Investments #Launches #Appointments #Orders #IPO #JVs #Clearances #Stoppages #AssetSale #SolarPower #ShowCauseNotice

Trends on SGX Nifty indicate a negative opening for the broader index in India with a loss of 72 points.

The Nifty50 index has breached below the key moving averages - 20 SMA (17,780), 50 SMA (17,485), and 100 SMA (17,640), says Malay Thakkar of GEPL Capital.

Trends on SGX Nifty indicate a cautious opening for the index in India with a 19 points gain.

Check out the companies making the biggest headlines before the opening bell.

The present weakness is expected to be over in the next 1-2 sessions and the market could bounce back again from the lows, said Nagaraj Shetti of HDFC Securities.