BPCL, Vodafone Idea, ITC, SBI, HDFC, HDFC Bank, Zomato, Bajaj Auto stocks in focus on weekly F&O expiry
时间:2024-09-29 05:06:58 阅读(143)
Domestic stock indices snapped their 2-day rally on Wednesday as BSE Sensex and NSE Nifty 50 ended in red. S&P BSE Sensex slumped 709 points, or 1.35 per cent, to end at 51,823 while NSE Nifty 50 closed at 15,413, down 226 points or 1.44 per cent. However, entering the Thursday’s trade, SGX Nifty was suggesting that Dalal Street might see gap-up start. Nifty futures were trading 29 points or 0.2 per cent up at 15,426 on Singaporean Exchange. Asian stock markets were trading mostly higher, while US indices fell inovernight trade on Wall Street.
Analysts say that the market showing immediate reversal of upside bounce is not a good sign for the bulls to sustain the highs. “Now, one may expect Nifty to slide down to the important support area of 15200 levels in the next few sessions. Immediate resistance is placed at 15560,” Nagaraj Shetti, Technical Research Analyst, HDFC Securities, said.
Vodafone Idea: Vodafone Idea’s (VIL’s) board on Wednesday approved a fund-raise of up to Rs 436.21 crore from Euro Pacific Securities, which is a Vodafone Group entity and promoter of the company, on a preferential basis.
ITC: Diversified conglomerate ITC’s portfolio of non-cigarette FMCG brands represented an annual consumer spend of over Rs 24,000 crore for FY22, registering around 9% year-on-year growth.
SBI, HDFC, HDFC Bank: State Bank of India is cognisant of the competitive impact of the merger of Housing Development Finance Corporation into HDFC Bank and is gearing up to meet the challenge, chairman Dinesh Khara said at the bank’s 67th annual general meeting (AGM).
Zomato: The board of directors of Zomato will meet on June 24 to likely approve the acquisition of e-grocery startup Blinkit (formerly Grofers). While Zomato, in a regulatory filing on Wednesday, did not say whether the upcoming board meet was related to the Blinkit deal, it just said that it is to discuss a potential acquisition.
Bajaj Auto: Bajaj Auto to consider share buyback proposal on June 27. The automobile company informed exchanges that the board of directors will meet on June 27 to further deliberate on the proposal for buyback of shares of the company.
Delhivery: Delhivery: Logistics firm announced its plans to expand its infrastructure in Bhiwandi (Greater Mumbai) and Bengaluru to enhance its processing capacity to cater to demand from the southern and western regions of the country.
猜你喜欢
- Rupee gains 44 paise to close at 81
- Apollo Tyres, Honda Power among 137 BSE stocks to hit 52-week highs, 26 fall to 52-week lows
- Aditya Birla Capital clarifies on CEO Srinivasan’s exit, says found no merit in whistleblower complaints
- Rupee leans on RBI policy, US inflation for pickup in volatility
- Paytm share price tumbles 4%, down Rs 559 YTD; analysts maintain bullish stance, see up to 55% upside
- Air India-Vistara merger- Vistara expects all legal approvals for its merger in first half of 2024
- Rupee gains 10 paise to close at 82
- Paytm loan disbursement grows five-fold in October, merchant payments rise
- Aditya Birla Capital to raise up to $213 million via share sale