Stocks in news: GM Breweries, Torrent Pharma, Titan, HDFC Bank among other shares that may remain in focus today - Here's why
The market ended on a strong note on Wednesday amid softening of crude oil prices and Foreign Institutional Investors (FIIs) turning net buyers after a long gap.
The market ended on a strong note on Wednesday amid softening of crude oil prices and Foreign Institutional Investors (FIIs) turning net buyers after a long gap. The market also cleared the crucial hurdle of 16,000, however, it slipped later to close just below the psychological level. Meanwhile, after closing on high note with over one per cent gains on Wednesday, the cues from Asian markets remained mixed on Thursday. Meanwhile, based on the news and corporate actions, there will be certain stocks that will remain in focus. Zee Business senior research analyst Arman Nahar presents you the list of such stocks:
GM Breweries: The company will present its June quarter results today
Torrent Pharma will be in focus due to bonus adjustment in F&O.
Titan will be in news after Q1 sales jumped 205% YoY on low base effect, as per the company's quarterly update
Equitas Small Finance Bank saw its provisional gross advance growing to 22% at Rs 21699 crore. The company said in its June business update on Tuesday.
Phoenix Mills: Total consumption in Q1FY23 stands at 2160 crore, is a jump of 121% on year-on-year basis.
HDFC Bank and Canara Bank will be in focus after the two banks raise MCLR rates
Sharee Transport will be limelight after the board of the company approved its merger with Shree Ram City.
Nykaa will remain in news as the company has expanded its product portfolio in men's category
Titagarh Wagons will be in focus after HDFC Bank reduced its stake in the company
Besides, there will be some stocks which would see action purely based on their corporate announcements related to bonuses and dividends. These stocks are Axis Bank, Crompton Greaves, L&T Technologies, Navin Fluorine, Oberoi Realty, glaxosmithkline pharmaceuticals and Minda Industries.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
PM Modi has invested in this post office scheme; know his total worth as per Lok Sabha elections 2024 affidavit
SRH vs GT IPL 2024 Ticket Booking Online: Where and how to buy SRH vs GT tickets online - Check IPL Match 66 ticket price, other details
Top 7 SWP Mutual Funds: Rs 50 lakh investment, Rs 70K monthly pension for 10 years, and Rs 42.30 lakh balance value; know more details
Gold and Silver rate today (May 13, 2024): Precious metal under pressure; yellow metal near Rs 72,400, white metal above Rs 84,600
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
TBO Tek IPO Listing LIVE Update: Bumper Debut! Share list at 55% premium - Buy, sell or hold? Check Anil Singhvi's view
08:27 PM IST