Share Market News July 8: Tata Motors, Titan, Tata Steel, Bandhan Bank, Bank of Baroda, Indian Bank, other stocks to track on Monday
Share Market News July 8: As market participants prepare for a new trading week on Dalal Street, a bunch of stocks are likely to be in focus on Monday, July 8, including Titan, Tata Motors, Tata Power, Tata Steel, Bank of Baroda, Indian Bank, Marico, Info Edge, Bandhan Bank, Federal Bank and United Spirits.
Share Market News July 8: At around 8:09 am, GIFT Nifty futures traded higher by 0.03 per cent or 8.1 points at 24,387.5, indicating a muted to positive opening on the D-Street. Here are a bunch of stocks likely to be in focus on Monday, July 8, including Tata group stocks Titan, Tata Motors, Tata Power, and Tata Steel, besides Bank of Baroda, Indian Bank, Marico, Info Edge, Bandhan Bank, Federal Bank and United Spirits.
CAMS stock to trade ex-dividend
Computer Age Management Services (CAMS) shares are scheduled to trade ex-dividend on Monday.
Clara Industries stock to trade ex-bonus
Clara Industries shares are slated to trade ex-bonus on July 8.
Bandhan Bank shares in the spotlight
Ratan Kumar Kesh has been appointed as Bandhan Bank's interim MD and CEO for a period of three months with effect from July 10.
United Spirits stock to be in focus
United Spirits subsidiary Palmer Investment Group has received a refund of Rs 65 .6 crore from the taxman for the financial year 2013-14.
Federal Bank signs pact with Bajaj Allianz Life Insurance
Federal Bank signs a strategic bancassurance agreement with Bajaj Allianz Life Insurance to roll out life insurance products in the domestic market.
Tata Power rolls out 'ghar ghar solar' initiative in UP
Tata Power Solar Systems, a sustainable energy solutions firm, has launched a transformative rooftop solar initiative aimed at powering every home in UP with clean energy.
Nifty Bank Stock Bank of Baroda in focus
In a business update, Bank of Baroda has reported 8.5 per cent growth in its global business with an 8.8 per cent increase in global deposits. Its domestic deposits have risen 5.3 per cent to Rs 10.50 lakh crore in the June quarter.
Dividend Stock Update
The boards of Nestle India and RailTel are scheduled to meet on Monday to consider dividends.
FMCG on the watchlist
FMCG stocks are set to be in focus on Monday after the food regulator approved certain regulations on the labelling of the quantity of ingredients such as fats, sugar and salt on on food product packages.
Marico reports improving demand in Q1 update
Marico has reported high single-digit growth in its consolidated income in the June quarter amid an improvement in estimated demand.
Tata group stocks in focus
Titan has reported 9.0 per cent growth in the June quarter.
Other Tata group companies such as Tata Motors and Tata Steel are also set to be in the spotlight. Tata Motors has registered 5.0 per cent growth in JLR wholesale volumes, while Tata Steel has recorded growth to the tune of 12.6 per cent in its total production in the June quarter.