Trent, Bharat Electronics, and Canara Bank are set to benefit from the Nifty indices rebalancing on Friday. Divi’s Laboratories and LTIMindtree will exit the Nifty 50 index, likely facing selling pressure. The National Stock Exchange will also rebalance other indices like Nifty Bank and Nifty Next 50 based on semi-annual reviews.
Authum Investment, Mahi Madhusudan Kela to acquire 46.85% stake in Prataap Snacks
Authum Investment & Infrastructure and Mahi Madhusudan Kela will acquire a 46.85% stake in Prataap Snacks for Rs 846.60 crore. The deal includes an open