Market News ( Union Budget ) ( RBI Policy ) ( Market Quarterly Results )
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Market insights & breaking news. (Credits: ETNow, NDTV, CNBC-TV18)

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#PowerGrid board approves raising of Bonds of up to Rs 12,000 cr during FY24-25 in one or more tranches
#PowerGrid, #Cipla, #IndusIndBank are among the major companies to report their first-quarter earnings today
#PowerGrid gets LoI for 20 GW inter-state transmission line in Rajasthan: Exchange filing
#PowerGrid's board approves raising up to Rs 5,000 crore via bonds on private placement basis: Exchange Filing
#PowerGrid board approves raising up to Rs 4,250 crore via bonds on private placement basis: Exchange Filing
#Nifty declines for 3rd session; #TataMotors, #Powergrid lead losses

Here's how the markets panned out today!
#POWERGRID transfers 26% stake in 4 associates to POWERGRID Infrastructure Investment Trust for Rs 506.6 crore.
#JustIn | #PowerFinanceCorp arm PFC Consulting transfers two of its arms to #PowerGrid & #GRInfraprojects.

PFC Consulting transfers Gadag II and Koppa! II transmission to Power Grid for ₹13.23 Cr & transfers Bijapur Rez Transmission to GR Infraprojects for ₹111.40 Cr
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#JustIn | #PowerGrid Guidance👇

👉FY25 capex increased to ₹23,000 cr from >₹20,000 cr earlier

👉FY26 capex’s lower-end of the range increased to ₹28,000 cr from ₹25,000 cr
#GodawariPower: Steel billets manufactured by co have been approved by #PowerGrid.

Company now eligible to supply steel billets to all manufactures of galvanized steel structures for trans project
Power stocks are higher as the #IMD has projected above-average temperatures for March, leading to an anticipated rise in electricity demand.

#PowerGrid up nearly 4%, while #SuzlonEnergy and #JSWEnergy are both up by more than 2% each
#PowerGrid emerges as successful bidder to establish inter-state transmission system in Madhya Pradesh.
#PowerGrid: To sell entire stake & exit from JV Torrent Power Grid.
| #PowerGrid declared as successful bidder to establish Inter-State Transmission System in UP & MP
#PowerGrid reports #Q2Results:

👉Net profit down 6% at ₹3,566 Cr Vs ₹3,793 Cr YoY

👉Revenue up 1.8% at ₹11,476 Cr Vs ₹11,277 Cr YoY

👉EBITDA down 6.1% at ₹9,114 Cr Vs ₹9,701 Cr YoY

👉Margin at 79.4% Vs 86% YoY

👉Announces Interim Dividend Of ₹4.5/Sh
#JustIn | #PowerGrid board approves investment of ₹1,227 Cr for refurbishment of Maharashtra project
Market opens mixed; #Nifty and #Sensex trade lower while #NiftyBank and #NiftyMidcap100 gain.

#Nifty below 23,400, #DrReddy's, #Cipla, #PowerGrid, #BhartiAirtel are the top losers
#Market opens higher, all major indices are in the green. #Nifty above 23,700 with #TataMotorsPV, #AdaniEnt, #PowerGrid, #AdaniPorts & #JSWSteel being the top gainers

Market breadth in the favour of advances, #NSE advance-decline ratio at 2:1
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#Market opens lower, all major indices are in the red

#Nifty below 23,300, with #PowerGrid, #Tent (Ex-bonus), #Infosys, #HCLTech, #Eternal being the top losers

Market breadth in the favour of declines, #NSE advance-decline ratio at 2:3