Stock in News, January 03: Nazara Technologies, ONGC, Zomato, Maruti Suzuki, Infosys, Mahindra & Mahindra

Stocks in News Today, January 30: Asian markets traded mixed in early trade with China's Shanghai Composite trading at 3,076.29, down 12.96 points or 0.42 per cent. South Korea's Kospi was trading at 2,182.88, down 42.79 points or 1.92 per cent.

Earlier on Monday, equity benchmarks began the New Year on a strong note, with the Sensex climbing 327 points and the Nifty finishing near the 18,200 mark.

Stock in News Today, January 03: Stock markets are likely to have a negative start on Tuesday i.e. January 03 as SGX Nifty, an early indicator of sentiments on the NSE Nifty50, was down by 53 points, or 0.29 per cent, to trade at 18,170. Earlier on Monday, equity benchmarks began the New Year on a strong note, with the Sensex climbing 327 points and the Nifty finishing near the 18,200 mark.

Asian markets traded mixed in early trade with China's Shanghai Composite trading at 3,076.29, down 12.96 points or 0.42 per cent. South Korea's Kospi was trading at 2,182.88, down 42.79 points or 1.92 per cent. Japan's Nikkei 225 was up by 0.83 points.

Dow 30 Futures were also down 98 points or 0.30 per cent at 33,065.50 as US markets began trading after a long New Year break.

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Stock in News Today, January 03

Nazara Technologies Limited: The government has proposed self-regulatory bodies for online gaming companies in India. The consultation process will begin next week. The development comes soon after the Ministry of Electronics and Information Technology (MeitY)

ONGC: Oil and Natural Gas Corporation Limited (ONGC) has said that its Mobile Offshore Production Unit (MOPU) ‘Sagar Samrat’ has begun oil and gas production in the Arabian sea.

Zomato: Online food delivery platform Zomato Ltd said its Co-founder and Chief Technology Officer Gunjan Patidar resigned from the post on Monday. Patidar was one of the first few employees of Zomato and built the core tech systems for the company, it said in a regulatory filing.

Maruti Suzuki: Maruti Suzuki India's production in December 2022 was lower by 17.96 per cent at 1,24,722 units, according to a regulatory filing by the company. The company had a total production of 1,52,029 units in the same month a year ago.

Infosys: India's IT major Infosys has bought back 15,32,000 of its shares, for an acquisition price of Rs 1,520.11 per unit.

Mahindra & Mahindra: Mahindra & Mahindra on Monday reported 61 per cent increase in passenger vehicle sales at 28,445 units for December 2022. The company had sold 17,722 units in the same month in 2021, M&M said in a statement. Utility vehicle sales grew 62 per cent to 28,333 units last month as against 17,469 units in the year-ago period, it added.

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