Stocks in Focus on January 10: Yes Bank, HDFC to Delta Corp; Here are the 5 Newsmakers of the Day
Yes Bank, HDFC, Kotak Mahindra Bank, Delta Corp and Tata Group of Companies stocks are expected to remain newsmakers throughout the intraday trade.
Supported by strong global cues, the domestic stock market ended with robust gains on Thursday, January 9, 2020. However, some stocks that came in news after the market was closed for trading purposes. They can impact the indices when they will reopen for trading on Friday, January 10, 2020. Here is a list of five such stocks:
Yes Bank: The bank's board will meet today to consider fund-raising plans.
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Tata Vs Mistry: The Supreme Court will hear the petition by Tata Sons Private Ltd (TSPL) challenging the NCLAT decision restoring Cyrus Mistry as executive chairman of the Tata Group.
HDFC: Mortgage lender HDFC on Thursday said that has completed the acquisition of the majority stakes, 50.80 per cent stakes, in Apollo Munich Health Insurance for Rs 1,485.14 crore and 0.36 per cent shareholding of employees for Rs10.67 crore.
Delta Corp Limited: The company's subsidiary in Nepal has been issued a license for operating a Casino at the five-star Marriot Hotel in Kathmandu, Nepal.
Kotak Mahindra Bank: Bombay High Court has deferred its hearing in the Kotak Mahindra Bank versus Reserve Bank of India (RBI) case till March 6, 2020. The private lender had dragged the banking regulator to the court in December 2018, challenging an RBI rule that requires promoter Uday Kotak to reduce his shareholding below 20%.
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