Here are the top stocks to watch in today s session:
Wipro: The IT services major s share buyback programme will commence today and close on January 11, 2021. In November, shareholders had approved the buyback plan for the purchase of up to 23.75 crore equity shares at Rs 400 per share.
AU Small Finance Bank: AU Small Finance Bank announced strategic partnership with ICICI Prudential Life Insurance to offer personalised insurance solutions.
3i Infotech: IT firm 3i Infotech has entered into definitive agreements to sell its software products business to the funds advised by Apax Partners for Rs 1,000 crore.
Axis Bank: Axis Bank is pruning its overseas operation as part of a strategy of focusing Indian market. It closed branches in Shanghai and Colombo last month while it is in the process of winding up Hong Kong Branch.
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Nifty futures on the Singapore Exchange traded 56 points, or 0.40 per cent, higher at 13,944, in signs that Dalal Street was headed for a positive start on Tuesday. Here are a few stocks which may buzz the most in today s trade:
Axis Bank: Axis Bank is pruning its overseas operation as part of a strategy of focusing Indian market. It closed branches in Shanghai and Colombo last month while it is in the process of winding up Hong Kong Branch, senior bank officials said. It is also looking to surrender its UK banking subsidiary license and close operations by April 2021.
NSE-BSE bulk deals: France’s MACSF Epargne Retraite sells stake in 3i Infotech
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Last Updated: Dec 28, 2020, 09:46 PM IST
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Benchmark Sensex rose 380 points to 47,354, while the peer Nifty climbed 124 points to 13,873.
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Mumbai: Among the key bulk deals on Monday, French insurance firm MACSF Epargne Retraite sold its entire stake in the IT firm
Here’s who bought and sold what in some of the key bulk deals of the day: MACSF Epargne Retraite sold its entire 2.39 per cent stake or 404,16,504 shares of 3i Infotech at Rs 5.65 each. Standard Chartered Bank cut some of its 2.72 per cent stake in the company as it offloaded 127,50, 294 shares at 5.64 each.