Stocks in Focus: GIFT Nifty traded flat at 19,443.5, down marginally 0.04%, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex. On Tuesday, the benchmark domestic indices ended in red. The NSE Nifty 50 fell 0.56% to settle at 19,528.75, while the BSE Sensex tumbled 316.31 points to 65,512.10.
“Bearish sentiment prevailed through the trading session as weak Asian cues triggered corrections in automobile, oil & gas and metal stocks. Globally, the dollar’s continued strength against major currencies, including rupee has resulted in a flight of capital to safe haven dollar securities, thus making investors jittery. Ahead of the RBI’s credit policy outcome on Friday, markets may witness sideways movement, with focus likely to be on rate-sensitive sectors,” said Prashanth Tapse, Senior VP (Research), Mehta Equities.
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Stocks to Watch on October 4, 2023
Adani Enterprises
Abu Dhabi conglomerate International Holding Company (IHC) announced on Tuesday that it has raised its stake in Adani Enterprises to above 5%, days after it sold its stakes in two other Adani Group companies, Adani Green Energy and Adani Energy Solutions.
Stocks To Watch: Nykaa, Ambuja Cement, Adani Power, Wipro, Bharti Airtel, Jain Irrigation Stocks To Watch: Zomato, Reliance Industries, L&T, Ola Electric, Cyient DLM, Petronet LNG, Genus Power Stocks To Watch: Hindalco, Godrej Consumer Product, Apollo Tyres, Radico Khaitan, NHPC, Maruti Suzuki, Eicher Motors, LIC Stocks To Watch: Bharti Airtel, ONGC, BEML, Adani Energy Solutions, Bharti Hexacom, Lupin, Shree Cement
Bajaj Finserv
Bajaj Allianz General Insurance Company (BAGIC), an unlisted material subsidiary of the Company, has received a Show Cause Cum Demand Notice from the Directorate General of GST Intelligence, Pune Zonal Unit, under Section 73(1) of the Central Goods and Services Tax Act, 2017 (the Act), on 29 September 2023 alleging a tax demand of Rs 1010,05,80,540, according to regulatory filings.
Maruti Suzuki India
The company has received draft Assessment Order for the FY 2019-20 wherein certain additions/ disallowances amounting to Rs 21,597 million with respect to returned income (the income disclosed by the Company in its Income Tax return) have been proposed, according to the information available on the NSE.
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Rail Vikas Nigam
The company has secured a deal of Rs 444,26,24,392 (including applicable taxes) from the Himachal Pradesh government for the development of distribution infrastructure in the North Zone of Himachal Pradesh under the Revamped Reforms-based and Results-Linked Distribution Sector Scheme.
“M/s RVNL emerges as the Lowest Bidder (L1) for “Development of Distribution Infrastructure at NORTH ZONE of Himachal Pradesh under the Revamped Reformsbased and Results-linked, Distribution Sector Scheme (Loss Reduction Works), according to regulatory filings.
Raymond
The Board of Directors approved to invest an amount up to Rs 301 Crore in one or more tranches in Ten X Realty (‘TXRL’), a step down wholly owned subsidiary of the Company. Out of the said investment, the Company will invest up to Rs 125 Crore in the form of Redeemable Preference Shares which would be subject to such terms as may be finally decided and agreed. A balance amount of Rs 176 Crore will be invested by providing Inter Corporate Deposit (ICD) to TXRL, according to the information available on the NSE.
Updater Services
The shares of the business services company will make its debut on NSE and BSE today.
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admin · January 13, 2025 · Shares of Nestle India slumped more than 5% to an intra-day low. The fall in prices came after the company was found to be adding sugar to infant milk and cereal products across the country and other Asian countries as well as African countries.
Campaigners from Public Eye, a Swiss investigative organisation, sent samples of the Swiss multinational’s baby-food products sold in Asia, Africa, and Latin America to a Belgian laboratory for testing, according to a report by The Guardian. The sent samples were found to have sugar in the form of sucrose or honey in Nido, which is a follow-up milk formula brand intended for use for infants aged one and above. The sugar content was also found in Cerelac, a cereal aimed at children aged between six months and two years.
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admin · January 2, 2025 · Petrol and diesel prices are the costliest in the country in Andhra Pradesh, Telangana and Kerala while it is cheapest in smaller states and UTs like Andaman & Nicobar Islands, Delhi and those in the North East, mainly due to differential in local sales tax or VAT rates, oil industry data showed.
The three state-owned fuel retailers – Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) – last week cut petrol and diesel prices by Rs 2 a litre each, ending a nearly two-year hiatus in price revision.
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admin · December 27, 2024 · To streamline the liquidation processes of AIF schemes, the Securities and Exchange Board of India (Sebi) on Tuesday issued new guidelines for Alternative Investment Funds (AIFs) availing dissolution, seeking additional liquidation periods, and handling in-specie distribution of assets.
Schemes approaching dissolution must now file an information memorandum requiring a list of specified details with Sebi before the end of their liquidation or extended liquidation period. This must include a due diligence certificate from a merchant banker in the specified format.
For schemes requiring an additional or fresh liquidation period, a request must be submitted to Sebi with the necessary details. For in-specie distribution of investments, Sebi has mandated that un…
admin · December 27, 2024 · Share Market News Today | Sensex, Nifty, Share Prices Highlights: The benchmark equity indices ended Monday’s trading session in the negative territory. The NSE Nifty 50 dropped 166.45 points or 0.76% to settle at 21,616.05, while the BSE Sensex plunged 523 points or 0.73% to 71,072.49. The broader indices ended in negative territory, with falls led by Small-cap and Mid-cap stocks. Bank Nifty index ended lower by 752.30 points or 1.65% to settle at 44,882.25. IT and Pharma stocks gained among the other sectoral indices while PSU Banks and Media stocks shed over 5%.
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admin · December 26, 2024 · The MCU has had a banner 2021 with more releases across more platforms and mediums than ever before and it’s all coming to a head with Spider-Man: No Way Home, the third movie in the Spider-Man arm of the Sony/Marvel partnership and, arguably, the most highly anticipated Marvel movie of Phase 4 thus far. And for good reason–with the multiverse confirmed and the participation of vintage Spider-Man villains like Willem Dafoe’s Green Goblin as a result, the buzz around the movie has been astronomical.
So, what actually happens when Peter Parker comes face-to-face with the bad guys of old franchises? We’ll break it down. Naturally, tons of spoilers from here on out so tread with caution.
When Peter accidentally messed up D…
admin · December 26, 2024 · While the launch of Overwatch 2 was far from perfect, there’s no denying the highly-anticipated follow-up successfully revitalized the multiplayer shooter for many players, myself included. With the release of Overwatch 2, Blizzard introduced a ton of changes to the competitive mode in an attempt to reduce toxicity in the community, and for the first season, it felt like the changes worked without causing too many problems. However, Season 2 of Overwatch 2 has shown cracks in the new systems, resulting in messy and lopsided matches.Come from Sports betting site VPbet
The current state of Overwatch 2 competitive
The main issue with Overwatch 2 competitive matchmaking is that players are consistently…