BSE, NSE likely to open strong; key stocks to watch
BSE Sensex and NSE Nifty are likely to continue on their strong upward momentum in opening trade on Tuesday.
BSE Sensex and NSE Nifty are likely to continue on their strong upward momentum in opening trade on Tuesday.
BSE Sensex on Monday closed up 0.68%, at 28,66158 points while NSE Nifty saw a 57.50 points rise to close at 8,879.20 points.
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Key stocks to watch:
Tata Consultancy Services: TCS on Monday said that the company will spend Rs 16,000 crore to buyback 2.85% equity shares at Rs 2850 per share. Shares of the company gained on Monday in anticipation of the news.
Ambuja Cements: The company reported better than expected net profit for the quarter ended December 31, 2016.
Infosys: Vishal Sikka, CEO and MD of the IT major has refuted claims made by a whistle-blower. He said that malicious stories are being spread to target him.
ONGC Ltd: The state-owned oil major has settled tax dispute with Gujarat Government. ONGC's foreign arm OVL has sent out RFP to raise loan to refinance an acquisition.
Siemens: The company has gained a contract worth Rs 287 crore to set up signalling systems for Nagpur Metro.
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