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Nifty futures on the Singapore Exchange traded 115.50 points, or 0.82 per cent, higher at 14,194.50 in signs that Dalal Street was headed for a positive start on Thursday. here are a few stocks which may buzz the most in today s trade:
Indiabulls Housing, HDFC: Indiabulls Housing Finance (IBH) and mortgage lender HDFC have entered into a strategic co-lending partnership to offer housing loans at competitive rates.IBH will originate retail home loans as per jointly drawn up credit policy and retain 20 per cent of the loan in its books, and 80 per cent will be on HDFC books.
Tata Elxsi, Cyient, Rallis India: Tata Elxsi, Cyient, Rallis India, Indus Towers, Sasken Technologies and
Nestle India: The FMCG major on Tuesday reported a 14.6 per cent year-on-year (YoY) growth in its net profit at Rs 602 crore for the quarter ending March 2021. It was Rs 525 crore in the year-ago period.
Future Retail, Future Enterprises: The Reserve Bank of India (RBI) mandated KV Kamath committee has approved banks proposal to restructure loans to Future Retail and Future Enterprises the two main arms of the Kishore Biyani-led group, a media report said.
Earnings Today: Cyient, Tata Elxsi and 10 other companies will release their quarterly earnings on April 22.
Voltas: Life Insurance Corporation of India acquired 46,000 equity shares or 0.02 per cent of paid-up equity in Voltas on April 19. LIC had increased its stake in the company to 5.01 per cent from 4.99 per cent earlier.
Hero MotoCorp shares were trading on a flat note.
Shares of the world s largest two-wheeler maker - Hero MotoCorp - were trading on a flat note at Rs 2,831 after the company informed exchanges that it would temporarily halt operations at its manufacturing units across the country amid rising Covid-19 cases across the country. In keeping with its commitment to the safety and welfare of its people, Hero MotoCorp has decided to proactively halt operations temporarily at all of its manufacturing facilities across the country, including its Global Parts Center (GPC), in view of the ongoing escalation in the spread of Covid-19 across the country, Hero MotoCorp said in a press release on Wednesday.
Hero MotoCorp, SBI, Nestle India on radar business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Market drops in early trade; breadth negative business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.