The Indian stock market wrapped up Tuesday’s trading session with a flat performance. The Sensex ended marginally higher by 1.59 points at 81,510.05, while the Nifty slipped 8.95 points to close at 24,610.05. Among Nifty constituents, 23 stocks advanced while 27 declined. Shriram Finance, Bajaj Finserv, HCL Technologies, Wipro, and Infosys were the top gainers, while Bharti Airtel, Dr. Reddy’s Laboratories, Adani Ports, Adani Enterprises, and HDFC Life were the top losers.
Stocks in News Today:
Tata Consumer/CCL Products: Global coffee prices have surged to a 47-year high, rising 83% year-on-year due to a supply shortage from Brazil.
Indian Overseas Bank: The bank received an order for a refund of ₹1,359.29 crores from the Income Tax Department for the assessment year 2015-16.
NTPC Green Energy: The company secured an order from SECI to set up an energy storage system with a capacity of 250 MW/1000 MWh.
Dr. Morepen: The company has ventured into the wellness segment with a weight management initiative.
L&T Mindtree: The company announced a strategic partnership with GitHub to advance AI-driven software engineering.
HG Infra Engineering: The company received a Letter of Award (LOA) from the Ministry of Road Transport and Highways for a project worth ₹8.99 billion.
Cement Stocks: Cement companies across India are reportedly planning price hikes.
Saakshi Medtech: The company bagged an order worth ₹250 crores from Mahindra & Mahindra for the supply of EV panels.
Asian Granito: The company formed a joint venture, Klyn AGL Ltd., in the UK with Shudh Investments Ltd. and Klyn Stone Ltd.
Asian Paints: LIC increased its stake in the company from 5.001% to 7.010%, purchasing shares at an average price of ₹2,891.25 apiece.
Biocon/Syngene: Biocon sold 8 million equity shares of Syngene International through a block deal.
Senco Gold: The company opened a ₹500 crore QIP with a floor price of ₹1,139.49 per share.
Awfis: Bisque, Link Investment Trust, and Peak XV Partners Investment are set to sell a 12.2% stake in Awfis Space Solutions via block deals.
Ashiana Housing: The company disclosed that a search was conducted by the Directorate General of GST Intelligence.
Adani Ports: The company has withdrawn its request for financing the Colombo West International Terminal project from the U.S. Development Finance Corporation (DFC).
Stay tuned for market movements as these stocks remain in focus today.
