1. Grasim Industries shares were trading 0.66 per cent up at Rs 3,682 after it announced merger of Aditya Birla Chemicals (India) Ltd (ABCIL) with itself.
2. JSW Energy shares were trading 4.10 per cent down at Rs 81.80.
3. Texmaco Rail & Engineering shares were trading 3.51 per cent up at Rs 151.85 after it said that it has entered into definitive agreement and acquired 55 per cent shareholding in Bright Power Projects (India). Pursuant to such acquisition, Bright Power has become a subsidiary of the company with effect from January 4, 2016.
4. Wipro shares were down 0.53 per cent at Rs 555.00 after India’s third-largest software firm reshuffled its top management, appointing Abid Ali Neemuchwala as the new chief executive in place of T K Kurien, who has been elevated as executive vice chairman.
The Nifty50 was at 7,761 down 23 points or 0.30 per cent. It touched a high of 7,783.30 and a low of 7,761.30 in the first 30 minutes of trade.
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