Stocks in News: Watch out for TCS, Vedanta, aviation stocks today
Both the benchmark indices - Sensex and Nifty50 - gained around 1 per cent at the close. Financial segment witnessed maximum buying along with strong IT stocks during Tuesdays session.
The Indian markets in the last hour turned green as buying sentiment appeared from domestic investors. Both the benchmark indices – Sensex and Nifty50 – gained around 1 per cent at the close. Financial segment witnessed maximum buying along with strong IT stocks during Tuesday’s session.
On Wednesday, stocks such as TCS, Vedanta, UltraTech Cement, Manappuram, Tata Consumer, Pennar Industries, Eicher Motor, Eveready Industries and Aviation stocks are in focus amid corporate actions and investor meetings scheduled on Wednesday.
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The crude oil price has stopped its rally above $128 per barrel on Tuesday and weakness was witnessed in oil and gas companies, as ONGC slumped over 4 per cent to become one of the top losers on Nifty.
Below are the five themes on which dozens of stocks are likely to show impact on the respective news and corporate actions of the company.
Corporate Actions
TCS to launch Rs 18000 crore buyback of shares scheme from Wednesday
The ex-date of Vedanta’s interim dividend of Rs 13 per share on Wednesday
Board Meetings
PNB Housing board to meet tomorrow to discuss about fund raising plan
Hatsun Agro board to meet tomorrow to discuss about sale of assets
Pennar Industries board to meet tomorrow to mull about share buyback plan
Investor Meetings
Ultratech Cement has scheduled an investor meeting with Bajaj Allianz
Manappuram has also lined up meeting a with an investor Myriad Asset Management
Tata Consumer to conduct investor meetings with JP Morgan Asset Management
Eicher Motor scheduled an investor meeting with Credit Suisse
Stocks in News
Aviation stocks in focus - Government has decided to resume scheduled commercial international passenger services to/from India from March 27, 2022
Eveready Industries board approves the appointment of Suvamoy Saha as the Managing Director of the Company
Infosys and Dow Jones announce expanded collaboration to develop new human-centered Digital experiences
Important Events
Russia-Ukraine geopolitical tension
Assembly election results
Retail fuel price hikes
Commodities move
FOMC meeting next week
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