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DSIJ Mindshare

Adani Total Gas & Torrent Gas buy 5 per cent stake each in Indian Energy Exchange

Apurva Joshi / Article rating: 3.0

The Indian Energy Exchange (IEX) has informed the bourses about its first strategic divestment of shares in the Indian Gas Exchange (IGX), its wholly owned subsidiary. Adani Total Gas Ltd and Torrent Gas Pvt. Ltd, India’s two leading energy players with stakes in both upstream and downstream hydrocarbon value chain, have acquired 5 per cent equity stake each in the IGX.

Small Cap buzzers: JK Tyre, Cyient & Mahindra Logistics gain up to 13.20 per cent

Geyatee Deshpande / Article rating: 5.0

Markets after touching 50000, look tired and there is a clear sectoral rotation taking place in the markets with Auto and IT stocks doing well in the last trading session of the week. Markets are expected to remain volatile as the expiry week nears and one can expect some profit booking activity in the markets.