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Asian markets are trading mixed on Monday in the absence of a lead from Wall Street last week due to the July 4, which is a US holiday.
In addition, the SGX Nifty is quoting at 7,794.00, up by 0.08%.
IDFC is likely to remain in focus after Morgan Stanley upgraded the stock to overweight from underweight.
Tata Power has decided to sell its 5% stake in PT Kaltim Prima Coal for about $ 250 million to reduce its debt, less than six months after offloading its holding in another Indonesian coal company named PT Arutmin.
Tata motors is likely to hog limelight after the company has decided to work on a strong pipeline of products for the domestic market keeping in view changing customer needs to make the company more profitable over the years.
Neyveli Lignite Corporation (NLC) owned New Thermal Power Stations in Tamil Nadu has planned to generate additional 1,500 MW power within a span of f months.
Mohnish Pabrai, a leading US-based fund manager, has purchased 19.6 million shares of Kerala-based South Indian Bank (SIB) via Pabrai Investment Fund (PIF) for Rs 32.50 each.
