Tata Steel, Zomato, Mahanagar Gas, IEX, Bajaj Finance, Honasa Consumer and other stocks to track today
Share Market News: Here is a list of stocks that are set to be in focus during Thursday's session.
Share Market News: At around 8:26 am, GIFT Nifty futures traded higher by 0.53 per cent at 25,071 indicating a positive opening for the markets today mirroring gains in the global market. Here is a list of stocks that are set to be in focus during Thursday's session:
Tata Steel:
The company has got a £500 million grant from the UK government for the green steel project at its Port Talbot facility. This funding supports the set-up of an advanced electric arc furnace (EAF) and aims to transition the plant to greener steelmaking.
Electric vehicle stocks:
The Union Cabinet approved two major schemes pegging the total expenditute at Rs 14,335 crore to promote the use of electric vehicles (EVs), including buses, ambulances, and trucks. Amid the news, Ola Electric, Bajaj Auto, M&M will remain in focus.
Health insurance stocks
After the GST relief has been deferred on insurance premium, the Zee Business news has been approved. All the senior citizens are covered under the Ayushman Bharat scheme.
HG Infra/ J Kumar/ GR Infraprojects:
The Cabinet has approved a total capital outlay of Rs 70,125 crore for Pradhan Mantri Gram Sadak Yojana . The centre plans to build around 62,000 km of new roads by FY29.
Varun Beverages
The stock will trade ex-split for a 5:2 stock split today.
Honasa Consumer
Mamaearth brand owner will be in focus today as around Rs 1,679 crore worth block deal is expected to take place today.
Bajaj Finance and Cholamandalam Investment
Nomura has maintained its 'neutral' call on the stock with the target increased to Rs 7,500 from the earlier Rs 7,200.
Cholamandalam Investment
On the financial services firm, Jefferies has maintained buy with the target increased to Rs 1,800 from Rs 1,685.
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