DSIJ Mindshare

In early action, the Nifty future traded on the Singapore Exchange known as SGX Nifty is seen hovering near the flat line, which is in line with our call of the day that the benchmark indices may consolidate and struggle for direction as markets continued to remain overbought on key indicators. At the time of writing, the SGX Nifty was trading 5 points higher at 11,390.

Jaguar Land Rovers (JLR) voluntarily recalled nearly 44,000 cars in the UK as they were emitting higher than certified levels of carbon-dioxide (CO2) emissions.

The Board of Directors held a meeting today in which they approved the proposal for buyback of approximately 16,37,500 fully paid-up equity shares of the company with a face value of Rs. 10 each for an aggregate amount not exceeding Rs. 262 crore.

India is likely to raise prices of domestic natural gas for the 4th consecutively time. This will bolster the earnings of the producers of natural gas.

The prospects of the cement industry in India seem to be mixed with their fair share of positives and negatives in 2019. This outlook is shared by two major cement players, namely – ACC Ltd. and Ambuja Cements Ltd.