Gold Silver Reports (GSR) – Stocks To Watch: Essar Steel, Fortis Healthcare, JSW Steel, Tata Steel, Vedanta — Asian stocks declined as a sell-off in once much-favored U.S. technology shares deepened and volatility soared.
The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, fell 0.6 percent to 10,207 as of 7:30 a.m.
✅ Tata Steel to pay Rs 35,200 crore cash for Bhushan Steel; to convert remaining debt to equity.
✅ JSW Steel-Numetal, Vedanta and ArcelorMittal enter race for Essar Steel.
Read More: U.S. Sell-Off Hits Asia Stocks
✅ Karnataka Bank turnover cross Rs 1.1 lakh crore; reduces interest rate on loans offered to MSMEs.
✅ Fortis Healthcare seeks shareholders nod for purchase of RHT Health’s assets.