The Indian stock market ended lower on Friday amid weak global cues and concerns over the drop in foreign flows after the India-Mauritius Tax Treaty. The Sensex ended lower by 793 points at 74,245, while the Nifty slumped 238 points to end at 22,516 on Friday. The markets will take cues from global markets and developments around the ongoing Iran-Israel conflict in the coming week.
List of stocks to watch for the trading session tomorrow (Monday, April 14)
- RVNL: Rail Vikas Nigam Limited has received a Letter of Acceptance (LOA) from NFR-CONST HQ-ELECTRICAL/N.F.RLY CONSTRUCTION for a project worth Rs 95,95,44,544.95.
- ISMT Limited: ISMT Limited has secured two contracts from ONGC for regular casing pipes, with a total value of around Rs 343.72 crore.
- Adani Enterprise: Adani Global Limited, Mauritius, a wholly owned subsidiary of the Company, has acquired 49% stake in Adani Esyasoft Smart Solutions Limited, Abu Dhabi from Esyasoft Holding Limited, UAE.
- Reliance Power: Reliance Power Limited has concluded the slump sale/transfer of its 45 MW Wind Power Project located at Vashpet, Maharashtra to JSW Renewable Energy Limited and has received a consideration amount of Rs 132.39 crore.
- COFORGE: COFORGE conducted an EGM to raise capital by way of a qualified institutions placement or any permitted means to eligible investors through an issuance of equity shares and/or other eligible securities.
- Ami Organics: Ami Organics is planning to raise funds through issuance of Equity shares or other eligible securities of the Company by way of a Qualified Institutions Placement for an aggregate amount not exceeding Rs 5,000 million. (Rs 500 crore)
- Varun Beverages Limited: Varun Beverages Limited has started commercial production of carbonated soft drinks and energy drinks at its production facility at Gorakhpur, Uttar Pradesh. These stocks are expected to be in focus tomorrow due to their recent developments and announcements.
Investors are advised to stay informed about these companies and their financial performance for potential investment opportunities.