The SgxNifty Future is trading at 11,522.50 with a loss of -0.28% percent or -32.20 point. The Nikkei 225 Future is trading at 23,168.00 up with +0.29% percent or +68.00 point.The Hang Seng Future is trading at 24,409.00 with +0.31% percent or +75.00 point.
TODAY’S FACTORS AND EVENTS
Union Bank looks to initiate personal insolvency proceedings against DHFL promoters. Bank looks to recover over RS 3,000 crore from promoters for DHFL dues. Union Bank gives 14-day notice to Kapil and Dheeraj Wadhawan to repay.
Bank issues demand notice to DHFL promoters under section 7(1) of IBC. Union Bank looks to recover dues on the basis of promoters’ personal guarantees
more banks can join personal insolvency plea against DHFL promoters.
PREVIOUS DAY ACTIVITY
WORLD MARKETS
For the day the Dow is trading at 27,901.98 with a loss of – percent or –130.40 point. The S&P 500 is trading at 3,357.01 with a loss of – percent or –28.48 point. The Nasdaq Composite is trading at 10,910.28 with a loss of percent or –140.19 point.
In other parts of world, Japan’s Nikkei 225 is trading at at 23,360.30 up with + percent or +40.93 point. Hong Kong’s Hang Seng is trading at 24,473.23 up with + percent or +132.38 point. China’s Shanghai Composite is trading at 3,334.67 up with + percent or +64.24 point. India’s BSE Sensex is trading at 39,057.19 up with percent or +77.34 point at 12:15 PM.