Stocks in news: GM Breweries, Torrent Pharma, Titan, HDFC Bank among other shares that may remain in focus today - Here's why
The market ended on a strong note on Wednesday amid softening of crude oil prices and Foreign Institutional Investors (FIIs) turning net buyers after a long gap.
The market ended on a strong note on Wednesday amid softening of crude oil prices and Foreign Institutional Investors (FIIs) turning net buyers after a long gap. The market also cleared the crucial hurdle of 16,000, however, it slipped later to close just below the psychological level. Meanwhile, after closing on high note with over one per cent gains on Wednesday, the cues from Asian markets remained mixed on Thursday. Meanwhile, based on the news and corporate actions, there will be certain stocks that will remain in focus. Zee Business senior research analyst Arman Nahar presents you the list of such stocks:
GM Breweries: The company will present its June quarter results today
Torrent Pharma will be in focus due to bonus adjustment in F&O.
Titan will be in news after Q1 sales jumped 205% YoY on low base effect, as per the company's quarterly update
Equitas Small Finance Bank saw its provisional gross advance growing to 22% at Rs 21699 crore. The company said in its June business update on Tuesday.
Phoenix Mills: Total consumption in Q1FY23 stands at 2160 crore, is a jump of 121% on year-on-year basis.
HDFC Bank and Canara Bank will be in focus after the two banks raise MCLR rates
Sharee Transport will be limelight after the board of the company approved its merger with Shree Ram City.
Nykaa will remain in news as the company has expanded its product portfolio in men's category
Titagarh Wagons will be in focus after HDFC Bank reduced its stake in the company
Besides, there will be some stocks which would see action purely based on their corporate announcements related to bonuses and dividends. These stocks are Axis Bank, Crompton Greaves, L&T Technologies, Navin Fluorine, Oberoi Realty, glaxosmithkline pharmaceuticals and Minda Industries.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Fundamental picks by brokerage: These 3 largecap, 2 midcap stocks can give up to 28% return - Check targets
SBI Senior Citizen Latest FD Rates: What senior citizens can get on Rs 7 lakh, Rs 14 lakh, and Rs 21 lakh investments in Amrit Vrishti, 1-, 3-, and 5-year fixed deposits
Tamil Nadu Weather Alert: Chennai may receive heavy rains; IMD issues yellow & orange alerts in these districts
SIP+SWP: Rs 10,000 monthly SIP for 20 years, Rs 25 lakh lump sum investment, then Rs 2.15 lakh monthly income for 25 years; see expert calculations
Top 7 Mutual Funds With Highest Returns in 10 Years: Rs 10 lakh investment in No 1 scheme has turned into Rs 79,46,160 in 10 years
SIP vs PPF: How much corpus you can build in 15 years by investing Rs 1.5 lakh per year? Understand through calculations
Retirement Planning: Investment Rs 20 lakh, retirement corpus goal Rs 3.40 crore; know how you can achieve it
08:27 PM IST