Stocks to watch: CIL, Infosys, Adani Ports, PGCL, Jindal Steel and more
Britannia Industries, Ashok Leyland, Jubilant Foodworks, Gillette India, IDFC, and Tata Chemicals will be among the companies reporting profits for the December quarter today.
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Britannia Industries, Ashok Leyland, Jubilant Foodworks, Gillette India, IDFC, and Tata Chemicals will be among the companies reporting profits for the December quarter today.
On Monday, the SGX Nifty suggests a good start for the key indexes BSE Sensex and NSE Nifty 50. The Adani Group's equities are in the spotlight as the company publishes a 413-page rebuttal to the Hindenburg Research study.
Due to regulatory constraints under Indian law, there will be no over-the-counter market trading of American Depositary Shares (ADSs) in the US from Monday, Tata Motors stated in a regulatory filing.
Today's stock to watch: Vedanta Metals and Mining would pay Rs 1,440 crore for the debt-ridden power facility Meenakshi Energy.
Because it has sold stakes in other investments, Alibaba appears to be withdrawing its presence from the Indian market.
Stocks to Keep an Eye On: Infosys and HCL Technologies are going to release their quarterly results, while Sah Polymers is going to begin trading on Thursday.
The only equities that are under the F&O ban period on Wednesday are GNFC and Indiabulls Housing Finance, therefore investors should keep an eye on both of these companies.
TCS shares jumped 2.13% to Rs 3280.50 in early trade on Monday, while Tata Steel rose 1.58% to Rs 117.40. Nifty Bank gained 0.20%, Nifty Pharma gained 0.88%, Nifty IT gained 1.34%, Nifty PSU Bank gained 0.52%, and Nifty Consumer Durables lost 0.33%.
Tata Consultancy Services, Gyscoal Alloys, JBF Industries, Shrenik, and Tijaria Polypipes will be among the companies reporting earnings for the December quarter today.
Oil prices were also supported by anticipation for lower rates. U.S. West Texas Intermediate crude futures increased by 1.4% to $74.71 and Brent crude increased by 1.2% to $79.61 per barrel.
Stock Market in India: Equity indexes climbed in early trade on Tuesday, extending gains from the previous session.
Stocks to Watch: On Tuesday, the single stock in the F&O space is Punjab National Bank (PNB).
Stock update: With the possible exception of Sun Pharma, all stocks on the 30-share Sensex were trading in the green, with Tata Motors leading the field, up 1.64 percent.
Stock Market India: Equity benchmarks fell for the sixth day in a row on Monday.
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