FMCG stocks are in focus as palm oil has slipped more than 6% to trade at lowest levels since June 2021

SpiceJet shares declined after the National Company Law Tribunal (NCLT), Delhi, issued a notice to the airline company on an insolvency plea and directed SpiceJet to respond to it within two weeks.

Shares of Tata Group stocks are traded in the negative territory amid reports that the group is planning to halve the number of listed companies by merging the entities.

PSU Maharatna company Power Grid Corporation of India has been on a downward trend. According to Jefferies, there are reports that indicate that Power Ministry is in talks with Power Grid to purchase PFC’s 52.63% stake (Rs 14,400 crore) in REC.