Top stocks to watch Hero Moto, RIL, Bharti Airtel, Future Enterprises, Wipro, Jubilant FoodWorks, and others
Top stocks to watch Hero Moto, RIL, Bharti Airtel, Future Enterprises, Wipro, Jubilant FoodWorks, and others
Navdeep YadavDec 17, 2020, 08:15 IST
BCCL
Here’s a list of stocks to watch for in trade today.
At 7:45 am, the SGX Nifty was down 0.27%, indicating a tepid start for Nifty50. The US equities closed mixed on Wednesday as investors mulled the Federal Reserve’s forecast, disappointing economic data, and progress toward passing new stimulus. The Dow Jones Industrial Average closed 0.15% lower, and the S&P 500 was up 0.18%.
These are the stocks to watch out for during the trading session today:
Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:27 IST, the barometer index, the S&P BSE Sensex, was up 41.91 points or 0.09% at 46,708.37. The Nifty 50 index was up 9.10 points or 0.07% at 13,691.80. The Sensex scaled record high above 46,750 mark in early trade. The Nifty also hit record high above 13,700 mark.
The S&P BSE Mid-Cap index was up 0.26%. The S&P BSE Small-Cap index was up 0.41%.
The market breadth, indicating the overall health of the market, is strong. On the BSE, 1340 shares rose and 750 shares fell. A total of 106 shares were unchanged.
Stocks in news:
Wipro has completed the acquisition of 83.4% equity stake in Encore Theme. The remaining 16.6% equity stake will be acquired subject to and after receipt of certain regulatory approvals/confirmations. Encore Theme is a specialist in providing SaaS and Cloud solutions in financial services.
Hero MotoCorp said in order to partially offset the impact of the commodity costs, the company will be increasing the prices of products by upto Rs 1500, with effect from 1 January 2021. The increase will vary across models, and the exact quantum will be communicated to our dealers in due course.
Jubilant FoodWorks India has entered into the most loved food space of Biryanis with its newest brand - Ekdum!. Ekdum! will offer the widest variety of biryanis from across India to choose from.
Here s a list of stocks that may remain in focus today.
IndusInd Bank: Private lender IndusInd Bank on Wednesday said Sebi has granted one-month extension for its promoters to infuse residual capital in lieu of conversion of warrants, issued to them last year, worth over Rs 2,695 crore into equity.
Hero MotoCorp: Hero MotoCorp said it will increase prices of its vehicles by up to Rs 1,500 from January 1, 2021, to offset impact of rising input costs.
Wipro: Wipro on Wednesday said it has completed the acquisition of 83.4 per cent equity stake in Chennai-based Encore Theme Technologies. In October, the company had announced signing a definitive agreement to acquire Encore Theme for up to Rs 95 crore.
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Nifty futures on the Singapore Exchange traded 13 points, or 0.09 per cent, higher at 13,673, in signs that Dalal Street was headed for a tepid start on Thursday.Here are a few stocks which may buzz the most in today s trade:
IndusInd Bank: The private lender said Sebi has granted one-month extension for its promoters to infuse residual capital in lieu of conversion of warrants, issued to them last year, worth over Rs 2,695 crore into equity.
Hero MotoCorp: The two-wheeler market leader said it will increase prices of its vehicles by up to Rs 1,500 from January 1, 2021, to offset impact of rising input costs.