Stocks to Track on Monday: TCS, BEL, Waaree Energies, HUL, HDFC Bank, Granules, Dalmia Bharat & more
Domestic equity benchmarks suffered steep losses in early trade on Monday, with heavy selling across sectors, as caution prevailed among global markets with rising tensions in the Middle East.
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09:28 AM IST
Stocks to Track, Share Market News: Domestic equity benchmarks started the trading week on a negative note with sharp losses on Monday amid selling pressure across sectors. The Sensex fell as much as 705.7 points, or 0.9 per cent, to hit 81,702.5 on the downside while the Nifty50 sank to as low as 24,911.2, down 201.3 points, or 0.8 per cent, from its previous close. Volatility index India VIX surged more than three per cent in early deals.
Globally, the mood remained cautious in the aftermath of the US strikes on three Iranian nuclear locations amid mounting tensions in the Middle East.
Here are a number of stocks that are set to be in focus during Monday's session:
BSE index changes to take effect
A number of changes in BSE indices took effect with the opening bell.
AB Lifestyle Brands listing
The AB Lifestyle Brands stock is set to enter the listed space. Shares will remain in the trade-to-trade (T2T) segment for the first 10 days.
Corporate earnings
Bluspring Enterprises and Prostarm Info Systems are set to report their financial results during the course of the day.
Corporate action | Dividends, bonuses & more
Dalmia Bharat and HUL shares traded ex-dividend at the opening bell. V-Mart Retail shares traded ex-bonus.
Granules India
The US Food and Drug Administration, the American drug regulator, has issued one observation after inspecting Granules India's Hyderabad API unit.
The regulator carried out the inspection from June 16 to June 20.
Bharat Electronics Ltd (BEL)
The Navratna PSU has received fresh orders to the tune of Rs 585 crore after June 5.
Unichem Laboratories
The US drug regulator has issued three observations after inspecting Unichem Labs' Roha API plant.
The inspection took place from June 16 to June 20.
Waaree Energies
Waaree Energies' CEO, Amit Paithankar, has said that the company is making strategic changes for 6 GW solar manufacturing capacity.
The company aims to achieve faster execution, better resource use and IPO readiness.
Waaree Renewable Technologies
Waaree Renewable Tech has secured an EPC order for a ground-mounted solar PV project of 2012.47 MWp DC capacity.
The order value has increased from Rs 246.9 crore to Rs 1,480.4 crore.
Tata Consultancy Services (TCS)
The Tata group IT major has launched two new automotive delivery centres in Germany.
HGInfra Engineering
The company has received a letter of intent (LoI) for an inter-state transmission system project in Odisha from PFC Consulting.
ONGC
The PSU's board has approved a corporate guarantee worth up to Rs 3,500 crore, including the earlier Rs 2,200 crore.
Radico Khaitan
The company has launched 'Magic Moments Flavours of India' vodka, in alphonso mango and thandai flavours.
Radico Khaitan plans to initially roll out the product in Rajasthan and Uttarakhand, and then in Assam, Madhya Pradesh and Goa.
HDFC Bank
The country's largest lender by market value has scheduled an annual general meeting on August 8.
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09:28 AM IST