Indian markets decline as Nifty closes near low, amid corporate changes and acquisitions.

Indian markets faced selling pressure on January 6, 2025, with the Nifty index closing near its daily low. Key developments included ITC's demerger of ITC Hotels, Adani Wilmar reporting a 33% revenue rise, and HDFC Bank receiving RBI approval to acquire up to 9.5% stake in other banks. Notable events also encompassed Milind Nagnur's resignation from Kotak Mahindra Bank and HUL's talks to acquire Minimalist.

3 months ago
5 Articles