The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.99% lower by 220.30 points at 22,137, indicating that the domestic benchmark indices are likely to make a negative start on Tuesday.
On Monday, 15 April, Domestic benchmark indices tumbled almost 1%, following the escalating conflict in the Middle East and weak global market trends. The S&P BSE Sensex fell 845.12 points, or 1.14%, to end at 73,399.78, while the Nifty50 traded 246.90 points or 1.10%, lower and settled at 22,272.50.
Here are some stocks that are likely to remain in focus on 16 April.
Quarterly Results Today: Den Networks, Lotus Chocolate, Integra Essential, Crisil, and SG Mart will release their quarterly earnings for January-March.
State Bank of India: The National Company Law Tribunal, Mumbai bench, has disposed of two separate insolvency cases filed against the company’s subsidiary, Mumbai Metro One.
Tata Consultancy Services: The company has announced setting up a new delivery centre in Londrina, Paraná, Brazil, which will strengthen its presence in the region and create more than 1,600 new job opportunities.
JSW Infrastructure: Arun Maheshwari has been reappointed as the company’s joint managing director and CEO, effective 18 April, for a 3-year term.
Jio Financial Services: The company has entered into a joint venture with BlackRock to manage wealth and broking business in India.
Life Insurance Corporation (LIC): The company has increased its stake in Hindustan Unilever from 4.99% to 5.01%.
Cipla: The company’s consumer healthcare arm and wholly-owned subsidiary, Cipla Health, has signed a business transfer agreement to purchase the distribution and marketing business undertaking of Ivia Beaute Private’s cosmetics and personal care business, which includes brands like Astaberry, Ikin, and Bhimsaini on a worldwide basis.
Sula Vineyards: The company has successfully acquired NC Wines Private Limited via a Share Purchase Agreement.
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The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.99% lower by 220.30 points at 22,137, indicating that the domestic benchmark indices are likely to make a negative start on Tuesday. On Monday, 15 April, Domestic benchmark indices tumbled almost 1%, following the escalating…
The post Stocks in Focus: State Bank of India, Tata Consultancy Services, JSW Infra, and Others appeared first on Equitypandit. Read MoreMARKETS, Stocks in Focus, Stocks to Watch, Stocks today
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