Rising for the fifth straight session on Tuesday, December 29, 2020, the Sensex at the Bombay Stock Exchange climbed 259.33 points, or 0.55 per cent, to close at a fresh all-time high of 47,613.08. The Nifty advanced 59.40 points, to post another record high of 13,932.60. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Wednesday, December 30, 2020. List of such five stocks:

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BHEL: Sale of the non-core assets and new business will help the company to grow, sources informed Zee Business. BHEL has received orders of 1000 railway containers on a pilot basis. BHEL is preparing to make 300 products in 9 categories at plants. The value of the domestically developed products is likely to be at Rs 3000 crore. 

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Jubilant Life: Jubilant Life is likely to announce an agreement with energy drinks company Red Bull for the supply of vitamin nutrients, sources informed Zee Business. 

EID Parry/Coromandel International: EID Parry India, the promoter of Coromandel International is looking to sell up to 2% stake or 58.5 lakh shares of the fertiliser and Chemicals Company through open market on Wednesday. The sale price has been fixed at Rs 800-825 per share, at a discount of 3.2-6.1% on Tuesday’s closing price of Rs 851.95. The promoter seeks to raise up to Rs 483 crore. As of September 30, 2020, EID Parry India held 58.42% stake in the company.

UPL Ltd + Vedanta

UPL Ltd.: UPL has completed the pre-payment of US$ 41 crore of (3.25%) Senior Notes due in October 2021. The pre-payment, which concluded on December 28, 2020, was done using the cash on its balance sheet. This prepayment is in line with its commitment to reduce debt. 

Vedanta: Promoters of Anil Agarwal-led Vedanta Ltd has pledged the recently purchased additional 4.98% shares. With this, the promoters have pledged its entire stake of 55.11% with Citigroup. It has raised $140 crore from the pledged shares. 

Jindal Stainless (Hisar): The Board of Directors of Jindal Stainless and Jindal Stainless (Hisar) (JSHL) have approved the merger of Jindal Stainless (Hisar) into Jindal Stainless. As per the approved share swap ratio, 195 equity shares of Jindal Stainless will be issued for every 100 equity shares of Jindal Stainless (Hisar).