Stock Market Watch on Monday, Sensex gains 100 pts, Nifty touch 10,000

Stock Market Watch on Monday, Sensex gains 100 pts, Nifty touch 10,000: 

Following tops stocks will be in focus today, among others:- 

Shares of Reliance Industries Ltd will be in focus as the company has decided to exit one of its 3 upstream shale gas assets in the US for 126 million dollar, the Mukesh Ambani-led company said. Tata Teleservices has informed the govt on Friday that the company plans to shut its wireless business, bringing an end to its 21-year old phone services venture. 

Oriental Bank of Commerce announces that RBI has put the bank under Prompt Corrective Action in view of high net non-performing assets. 

Adani Enterprises Limited (Adani Group) says that it intends to demerge its renewable-energy business into its associate arm Adani Green Energy, as part of easing overall business formation, as per reports. 

Zee Entertainment acquires 100 percent equity stake in 9-X Media Private for Rs 160 crore and acquisition of balance 26 percent Equity stake in Zee Turner. 

Rupee Watch: Indian Rupee opens marginally higher against USD and was trading at 65.34 per dollar, up 0.05 percent from its Friday’s close of 65.37.

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