Stocks to watch: M&M, Nykaa, SAIL, Sun Pharma, NALCO, Oil India and more
Today's stocks to watch: SAIL, Nykaa, Power Finance Corporation, Gujarat Gas, Castrol India, and Campus Activewear will release third-quarter fiscal year (Q3FY23) results.
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Today's stocks to watch: SAIL, Nykaa, Power Finance Corporation, Gujarat Gas, Castrol India, and Campus Activewear will release third-quarter fiscal year (Q3FY23) results.
Paytm's consolidated net loss was reduced to Rs 392 crore in the third quarter of fiscal year 22. The firm recorded a net loss of Rs 778.4 crore the previous year.
According to a Dow Jones Index release, Adani Enterprises will be excluded from the Dow Jones Sustainability Indices following a Media & Stakeholder Analysis prompted by claims of stock manipulation and accounting fraud.
The stock began higher at ₹3,030, but couldn't hold the gains and fell throughout the day.
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.
On January 25, the Indian rupee finished 13 paise higher at 81.59 per dollar, up from 81.72 on Tuesday.
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.
The S&P 500 lost 0.2% at 10:36 a.m. Eastern Time. 33,450 was the Dow Jones Industrial Average's 0.2% drop. The Nasdaq dropped 0.2%.
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%.
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.
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