Sensex and Nifty were likely to open lower today as Nifty futures on the Singapore Exchange fell 107 points, or 0.73 per cent, lower at 14,817. On Friday, benchmark indices closed flat today amid concerns over the economic impact of the second wave of COVID-19. While Sensex ended 41 points higher at 48,732, Nifty fell 18 points to 14,677.
Here’s a look at stocks which are likely to remain in news today.
Adani Green Energy: The Gautam Adani-led company is planning to buy Japan’s SoftBank Group Corp’s controlling stake in solar power producer SB Energy, after SoftBank’s earlier proposed deal with Canada Pension Plan Investment Board was called off.
Cipla: The pharma major posted a 73% rise in consolidated net profit at Rs 412 crore in Q4 on the back of robust sales across markets. The company is looking to expand its wide portfolio of covid-19 drugs over the next two months with the expected launch of Regeneron Pharmaceuticals Inc.’s antibody cocktail…