Stocks in news: Swiggy, M&M, REC, Adani Power and Bajaj Finserv
· economictimes.indiatimes.com
Indian stock markets closed lower on Monday, extending their losing streak for four weeks. Investor sentiment remained subdued due to rising oil prices and geopolitical tensions. Swiggy announced a stake sale in Lynks Logistics for approximately $52.4 million. Mahindra & Mahindra maintained its leadership in the domestic tractor market by volume. REC issued India's first pilot tokenized corporate bonds, receiving strong investor interest.
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