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Markets seen sluggish on rising covid concerns; TCS, Wipro, Vedanta in focus

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₹16,000 crore share buyback plan.Wipro will be in focus as the IT services firm said it has fixed December 11 as the record date for its up to ₹9,500 crore share buyback programme.Mining conglomerate Vedanta has put in a preliminary expression of interest (EoI) for buying the government''s stake in Bharat Petroleum Corp Ltd (BPCL), for which a major foreign player too is said to be in race.

A special purpose vehicle floated by the BSE-listed Vedanta Ltd and its London-based parent Vedanta Resources submitted an EoI before the close of deadline on 16 November.Aviation stocks will be in focus as Indian airlines carried 5.27 million passengers in October, down 57% year-on-year, as a relentless rise in covid cases has kept appetite for travel.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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