Major Developments
🔹 BSNL & MTNL 4G Expansion – Cabinet approves ₹6,000 Cr to boost 4G services.
🔹 IDFC FIRST Bank – Launches special banking services for senior citizens.
🔹 New Income Tax Bill – Expected soon; potential tax changes ahead.
🔹 China Inflation – Rises due to a holiday spending boost.
🔹 Hitachi Energy & BHEL – Secure HVDC project in Rajasthan.
🔹 Va Tech Wabag – Wins $371M order for a sewage treatment plant in Saudi Arabia.
🔹 Donald Trump’s Moves – Talks with Putin on Ukraine war, cuts funding for South Africa.
🔹 Bharat Electronics – Bags ₹962 Cr orders, including ₹610 Cr Navy contract.
🔹 Glenmark Pharma – Faces ₹121 Cr GST demand, plans to appeal.
🔹 Cipla’s Bengaluru Plant – US FDA inspection finds no critical issues.
🔹 BHEL – Secures a massive ₹8,000 Cr thermal power project.
🔹 New Income Tax Bill – Cleared by Cabinet, set to be tabled next week.
🔹 Skill India Mission – Cabinet approves a ₹8,800 Cr plan to boost skill development.
🔹 L&T Finance – Acquires gold loan business for ₹537 Cr.
Market Data
💰 Foreign Institutional Investors (FII)
🔹 Cash Market: -₹470.39 Cr
🔹Index Futures: -₹1,082.90 Cr
🔹 Index Options: +₹7,861.66 Cr
🔹 Stock Futures: +₹482.84 Cr
🔹 Stock Options: +₹8.24 Cr
📈 Domestic Institutional Investors (DII)
🔹 Cash Market: +₹454.20 Cr
