Markets today: What to expect and stocks to watch
BSE Sensex and NSE Nifty are expected to continue their positive momentum from last week. SGG Nifty was trading 8,835.50 points, up 0.13% at 8.08 am on Monday.
BSE Sensex and NSE Nifty are expected to continue their positive momentum from last week. SGG Nifty was trading 8,835.50 points, up 0.13% at 8.08 am on Monday.
BSE Sensex closed last week at 28,468.75 points, up 0.59% on Friday while NSE Nifty rose 0.50% to close at 8,821.70 points on the same day.
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Events to watch:
Ambuja Cements will announce its third quarter ended December 31, 2017 results.
Tata Consultancy Services (TCS) board meeting where the company is likely to take a decision on share buyback.
Global FMCG major Kraft has decided not to pursue Unilever. The company has withdrawn its $143 billion takeover bid.
Stocks to watch:
Reliance Industries: The company said that its telecom venture Reliance Jio added nearly 20.5 lakh subscribers in December 2016.
Bharti Airtel: The company said it added nearly 25 lakh subscribers in the month of December.
Llyod Electric: The company has agreed to sell its consumer durables unit to Havells India.
NMDC: The company is in acquistion talks in a tungsten mine in Vietnam.
Vedanta Ltd: The company will invest $10 billion in Jharkhand to set up a steel plant.
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