GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a lower opening on Tuesday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty was trading 166 points or 0.70% lower at 23,668 indicating a negative start for domestic indices NSE Nifty 50 and BSE Sensex on Tuesday. Previously, on Monday, the NSE Nifty 50 closed the session 168 points or 0.71% lower at 23,645, while the BSE Sensex fell 451 points or 0.57% to close at 78,248.
Stocks to watch on December 31, 2024
Adani Enterprises
Adani Enterprises will exit from Adani Wilmar, the FMCG joint venture between its subsidiary Adani Commodities LLP (ACL) and Wilmar International-owned Lence Pte. (Lence), to focus investments on its core infrastructure business, the firm said in an exchange filing.
Also Read Stocks To Watch: IndusInd Bank, Religare Enterprises, Reliance Power, ACME Solar Holdings, Mankind Pharma, RBL Bank, L&T Stocks To Watch: India Cements, Swiggy, InterGlobe Aviation, Ola Electric, Indian Oil Corporation, Dabur, Bharat Petroleum Corporation Stocks To Watch: IOC, Shriram Finance, Tata Steel, IndusInd Bank, Fortis Healthcare, UltraTech Cement, Reliance Industries, Vedanta Stocks To Watch: NHPC, Infosys, InterGlobe Aviation, IndusInd Bank, Welspun Corp, Punjab and Sind Bank, Piramal Enterprises, Shriram Finance
Bata India
Bata India will introduce a voluntary retirement scheme (VRS) at its Hosur unit in Tamil Nadu. “The Company believes that implementation of the VRS will be mutually beneficial to the workmen and the Company,” the company said in a regulatory filing. In a statement to FE, it said that Bata India would ensure “a smooth and transparent process while providing comprehensive support to all eligible employees during this transition”.
Hindalco
Hindalco Industries, the metals flagship of Aditya Birla Group, announced that it had received a vesting order from the Ministry of Coal to allocate the Meenakshi Coal Mine in Odisha. This development, it added, follows the successful signing of the Coal Mine Development and Production Agreement (CMDPA) on November 22, 2024, marking a pivotal step in the company’s journey towards resource securitisation, energy efficiency and sustainable growth.
SpiceJet
SpiceJet shareholders sought to know about the airline’s funding and expansion plans during the annual general meeting. At the 40th Annual General Meeting (AGM),
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