GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a negative opening on Wednesday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded down 24 points or 0.12% at 19,824.50, indicating a negative opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 gains 89 points or 0.45% to settle at 19,783.40, while the BSE Sensex gained 275.63 points or 0.42% to 65,930.78.
“Markets snapped the recent losing streak and ended higher despite a mixed trend in other Asian indices and weakness in European gauges. Cautious optimism prevailed in the market as investors resorted to selective buying in an uncertain market. Corporate earnings season is coming to an end and the market is awaiting fresh cues to take exposure. Technically, Nifty needs to reclaim the 19889 mark to unleash fresh upside. Nifty’s biggest supports are placed at the 19471 mark,” said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.
Stocks To Watch: Nykaa, Ambuja Cement, Adani Power, Wipro, Bharti Airtel, Jain Irrigation Bangladesh: Muhammad Yunus-led interim govt announces portfolios – Who got what? Iran, Hezbollah can attack Israel today? US sounds alarm to G7 members Markets end at intra-day highs! Nifty at 24,950, Sensex over 81,700 led by metal and pharma on July 31
Stocks to Watch on November 22 November, 2023
Reliance Industries
Chairman and Managing Director, Mukesh Ambani, announced plans for a Rs 20,000 crore investment in West Bengal over the next three years.
TCS
The U.S. Supreme Court rejects TCS’s petition, upholding an earlier court verdict. TCS will make a $125 million provision in its Q3 earnings related to a case with Epic Systems Corp.
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Maruti Suzuki India
The company to consider the allotment of 1.23 crore equity shares to Suzuki Motor Corp. on a preferential basis on November 24.
Adani Enterprise
Adani Defence Systems and Technologies signs agreements with Israel-based Elbit Systems, with ESL subscribing to a 44% stake in Atharva Advanced Systems and Technologies.
Auto Ancillaries Stocks
India nears an agreement with Tesla, allowing the U.S. automaker to ship electric cars to India from next year and potentially set up a factory within two years.
Lupin
Pharma major Lupin receives tentative U.S. FDA approval for its Dapagliflozin tablets, a generic of Farxiga tablets.
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Texmaco Rail & Engineering
The board approves the opening of QIP on November 21, with a floor price set at Rs 135.9 apiece.
KEC International
The company secures multiple new orders worth Rs 1,005 crore.
Bharti Airtel
The Department of Telecommunications, Madhya Pradesh imposes a penalty of Rs 1.31 lakh for alleged violations of subscriber verification norms. OneWeb, a Bharti Airtel venture, receives regulatory approval to launch commercial satellite broadband services in India.
Wipro
IT major Wipro announces collaboration with NVIDIA to accelerate the adoption of generative artificial intelligence in healthcare through AI-driven strategies, products, and services.
IndusInd Bank
The bank denies reports of ‘Hindujas raising Rs 8,000 crore by pledging IndusInd stake’ as factually incorrect. Promoter entities’ current pledge at 6.87% of the paid-up share capital remains unchanged.
GMR Power and Urban Infra
The company acquires an additional 29.14% stake in subsidiary GMR Energy for $28.5 million, raising the total stake in the subsidiary to 86.90%.
2023 was seemingly a record-breaking year for new releases on Steam with over 14,000 titles launching on the storefront over the last 12 months.
That's according to the latest estimates from SteamDB, which indicate that 14,531 games were released on the digital marketplace in 2023. It's a significant upswing on the previous record set during 2022, when an estimated 12,562 titles landed on Steam.
October 2023 was also the most saturated month for new releases on record, with 1,324 titles hitting the storefront during that window.
SteamDB's data suggests the number of annual Steam releases has been on a near-continuous upward trajectory since the platform opened its doors to third-party developers …
Today's the day GameStop announced earnings for the second quarter of its 2017 fiscal year, and while revenues climbed slightly it looks like profits fell as sales of both new and pre-owned games slipped. Come from South African Online Casinos
In terms of numbers, the company reported profits of $22.2 million on sales of $1.68 billion during the quarter, which ended July 29th. That's about $5 million less than the $27.9 million in profits on $1.63 billion in revenue it saw during the same period last year.
So what changed? GameStop says that while sales of new video game hardware rose about 14.8 percent (in large part due to continuing demand for Ninte…
Gamescom has already unleashed new trailers and game reveals, but for some players, the big attraction was a new Xbox Adaptive Joystick. Microsoft’s new controller is designed to help players with limited mobility jump back into the world of video games.
Via the Xbox official site, the Xbox Adaptive Joystick is a simplified version of the standard Xbox controller that has four regular buttons, as well as two more buttons that handle the bumper and trigger commands. However, the thumbstick is truly customizable for the needs of individual gamers. Microsoft has already designed a number of different thumbsticks that can be 3D printed and inserted into the Xbox Adaptive Joystick. At least one of the options allows players to use their chin to control the movement if their hands aren’…
Netflix has confirmed that it will not go ahead with six games it previously planned to release. A spokesperson for the streaming giant said the six games, including the Lord of the Rings game Tales of the Shire, are no longer coming out for Netflix Games due to a change in strategy.
The spokesperson told What’s On Netflix they aren’t being released as part of “adjusting our portfolio as we learn more about what our members like.”
