Stocks in Focus on January 7: Real Estate Stocks, Bandhan Bank, NMDC, PVR to Wendt India; here are the 5 Newsmakers of the Day

The BSE Sensex ended with modest losses on Wednesday, January 6, 2021, snapping its ten-day rising streak. The Nifty closed below the 14,200-mark. Buying was seen in metal, realty and banks stocks while FMCG and IT shares tumbled. The S&P BSE Sensex, dropped 263.72 points or 0.54% at 48,174.06. The Nifty 50 index slipped 53.25 points or 0.38% at 14,146.25. But certain stocks came in news after the market was closed. These stocks can impact the indices when it reopens on Thursday, January 7, 2021. List of such five stocks:

Real Estate Stocks: Real Estate stocks will be in focus today as Maharashtra government on Wednesday decided to reduce all premiums related to the sector by 50%. Builders have to pay stamp duty on behalf of customers. It will be applicable till December 31, 2021.

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Bandhan Bank: The private sector lender on Wednesday released its quarterly update for Q3FY21 ended December 31, 2020, and reported 23% (YoY) increase in loan and advances. The bank's total deposits grew by 30% (YoY), while CASA Ratio (%) increased from 38% reported in the September quarter to 43% in December quarter.

NMDC: Iron ore prices increased on January 6, 2021. Lump Ore Price went up from Rs 5200 / ton to Rs 5700 / ton, + 9.6%. Fines price went up from Rs 4610 / ton to Rs 4810 / ton, + 4.3%.

PVR/Inox in Focus: The Ministry of Home Affairs on Wednesday asked Tamil Nadu government to immediately retract its order for 100% seating capacity in theatres and cinema halls. It asked the state to bring their guidelines in line with the MHA guidelines issued for Covid-19 containment after the state increased the seating capacity of theatres and cinema halls from 50% to 100% earlier. The MHA notification says States and UTs shall not dilute guidelines issued under DM act in any manner. 

Wendt (India) Ltd: Wendt India's OFS (offer for sale) opens today for non-retail investors only. It will open for retail investors and non-retail investors who choose to carry forward their un-allotted bids tomorrow. Wendt GmBH seeks to sell up to an aggregate of 94,704 equity shares (representing 4.74% of the total issued and paid-up Equity Share capital) of Wendt (India) Ltd. The floor price for the Sale be Rs 2,200 per share.