Stocks In News Today, October 20: ITC, Bajaj Finance, Asian Paints and others in news today | Buzzing Stocks
Stocks In News Today, October 20: The broader NSE Nifty advanced 25.30 points or 0.14 per cent to end at 17,512.25 with 18 of its stocks ending higher and 32 closing lower.
Stocks In News Today, October 20: Benchmark stock indices Sensex and Nifty closed higher on Wednesday, marking their fourth straight session of gains on the back of buying in index majors Reliance Industries and HDFC twins.The 30-share BSE Sensex rose by 146.59 points or 0.25 per cent to settle at 59,107.19 even as 11 of its constituents gained while 19 declined. During the day, it rallied 439.09 points or 0.74 per cent to 59,399.69. The broader NSE Nifty advanced 25.30 points or 0.14 per cent to end at 17,512.25 with 18 of its stocks ending higher and 32 closing lower. Heavy buying in HDFC, Reliance Industries and Nestle helped indices close higher for a fourth straight session. Sensex and Nifty gained more than 3 per cent in the four-day rally. The Dow Jones Industrial Average fell 99.99 points, or 0.33%, to 30,423.81, the S&P 500 lost 24.82 points, or 0.67%, to 3,695.16 and the Nasdaq Composite dropped 91.89 points, or 0.85%, to 10,680.51.
These are stocks which will be in focus today:
ITC
ITC stocks will be in focus today as the FMCG major is set to report its quarterly earnings today. The company is likely to report strong set of earnings due to recovery in hospitality sector and cigarette demand.
Asian Paints
Asian Paints will announce its quarterly numbers today. Since its foundation in 1942, Asian Paints has come a long way to become India’s leading and Asia’s second largest paint company, with a consolidated turnover of Rs. 289 billion.
Bajaj Finance
Bajaj Finance will also be announcing its quarterly numbers today.
Axis Bank
The country's third largest private sector lender will declared its quarter earnings today.
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