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Gujarat Alkalies & Chemicals Ltd., incorporated in the year 1973, is a Mid Cap company (having a market cap of Rs 5944.72 Crore) operating in Chemicals sector.

Leading film exhibition players PVR and INOX Leisure announced a merger deal to create the largest multiplex chain in the country with a network of more than 1,500 screens.

The proposals are aimed at ensuring high returns for provident fund subscribers and they come after the EPFO cut the interest rate for 2021-22 to 8.10%, the lowest in four decades.

The Miss Universe Crown was created by Switzerland-based Mouawad, whereas Icecap is a leading player in creating blockchain-based diamond NFTs.

Adani Finserve, ICICI Lombard, Tata AIG, HDFC Ergo, and Nippon Life Insurance are among the 54 prominent firms that have expressed interest to acquire debt-ridden Reliance Capital Ltd, promoted by the Anil Ambani Group, sources said. The last date for submission of bids for the debt-ridden firm had been extended to March 25 from March 11 earlier by the Reserve Bank-appointed administrator.

The boards of the two companies are meeting on Sunday, March 27, to approve the merger, said two people with direct knowledge of the development.

“Overall, there would be a steady demand for the capital goods companies going forward and specifically if you look at companies which are developing new age and alternate fuel technologies. Apart from L&T, Cummins and Siemens, Praj Industries, which is working on the ethanol space will also be in focus within the capital goods space.”

Vinod Nair, Head of Research at Geojit Financial Services said that after a strong rally last week, the market turned sideways with a negative bias as global cues haunted domestic investors forcing them to stay sidelined. "The domestic market will continue to follow global developments. An end to the war and rise in oil supply can help India to sustain its resilience or else high volatility will be a concern in the short-term," he added.

The index has formed a trading range between 17,000-17,500 levels and will not achieve any directional bias as long as it is below 17,500 or above 17,000. Breaching on either of these levels will result in a directional move.

In the upcoming week, market participants will closely track the domestic factors including F&O expiry for March series and auto sales numbers. On the other hand, global indicators including the ongoing war, FII outflows and crude oil prices will impact the markets. Here are the key factors that may steer market next week