Wipro, Waaree Energies, other stocks to track on Tuesday
Share Market News, Stocks to Track: Domestic equity benchmarks Nifty 50 and Sensex extended gains to a second straight session on Monday, driven by strong buying in IT, energy and financial shares that led a broad-based upmove on Dalal Street. As market participants await a new week on Dalal Street, here are a few stocks worth tracking on Tuesday, December 3.
Share Market News, Nifty 50/Sensex/BSE 500 Stocks to Track: Domestic equity benchmarks Nifty 50 and Sensex extended gains to a second straight session on Monday, driven by strong buying in IT, energy and financial shares that led a broad-based upmove on Dalal Street. Both headline indices finished a volatile session about 0.6 per cent higher, with the Sensex adding 445.3 points to 80,248.1 and the Nifty50 gaining 145 points to 24,276.1. During the session, the 30-scrip index gyrated in a more than 1,000-point range around the flatline while the Nifty 50 broadly moved within the 24,000-24,300 band.
As the focus shifts to the next trading session on Dalal Street, here are a few stocks worth tracking on Tuesday, December 3.
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Corporate Action
While Indo US Bio-Tech shares are set to trade ex-dividend, the stocks of Gujarat Natural Resources and Moongipa Capital Finance will trade ex-rights.on Tuesday.
Diamond Power Infrastructure shares will trade ex-split at the opening bell.
Wipro shares to trade ex-bonus
Wipro shares are scheduled to trade ex-bonus on Tuesday.
Earlier, the IT major announced a bonus of 1:1 for eligible shareholders.
Pricol acquires Sundaram Auto Components' injection moulding unit
Automotive parts maker Pricol will acquire Sundaram Auto Components' injection moulding business for Rs 215 crore through its subsidiary, Pricol Precision Products.
Pricol has said that with this acquisition, it will see a consolidated topline addition of around Rs 730 crore combined with Sundaram Auto Components' (SACL) healthy financial parameters.
Waaree Energies bags solar module supply orders
Waaree Energies has secured two solar module supply orders amounting to 524 MW from renewable energy companies, with the supply scheduled to commence this financial year itself and continue till FY26.