- Nifty tests 5500; ten stocks in action
"Nifty is expected to head higher till 5580. In this period the key support will be at around 5500,” says Somil Mehta of Sharekhan.
- Ten stocks in focus in Monday morning trade
Indian shares are expected to trade in a range. Here is a list of ten stocks that are likely to be in action in morning trade today.
L&T to buy out Komatsu subsidiary in joint ventureLarsen & Toubro on Friday announced that it would acquire 50% stake in L&T-Komatsu (LTK) held by Komatsu Asia & Pacific.
- L&T gets CCI nod to fully acquire L&T Komatsu
L&T and Komatsu hold 50% stake each in their joint venture, LTK, and the Indian corporate giant has now proposed to buyout Komatsu's stake.