Nifty futures have been trading 98.50 points or .69 per cent larger at 14,374.50 on Singaporean Exchange, indicating a gap-up start out for BSE Sensex and Nifty 50 on Tuesday. In the early trade, Asian stocks and US futures have been noticed trading larger ahead of US President-elect Joe Biden’s nominee for Treasury Secretary, Janet Yellen’s comment on US stimulus. According to the market place watchers, Indian stock markets are in overbought zone as Nifty 50 index closed the preceding session with a P/E various of 38.92.
Stocks in concentrate today:
Related News
-
Time for India to move on to next level of audit compliance soon after Yes Bank, PMC Bank failures
-
Stocks in concentrate today: HDFC Bank, Reliance Industries, Wipro, IRFC, Mindtree, Indiabulls Real Estate
-
Stocks in concentrate: HCL Technologies, PVR, SAIL, Bharti Airtel, TCS, InterGlobe Aviation, SpiceJet
YES Bank: The private bank informed in a BSE filing that Yes Bank board will meet on Friday, January 22, 2021, to look at raising of funds by concern of equity shares, depository receipts, convertible bonds, debentures and other numerous signifies.
Maruti Suzuki: The car or truck-maker on Monday stated that the firm is rising the price tag for pick models owing to boost in numerous input charges. “The price change varies across models and ranges upto Rs 34,000. The new prices are effective from 18th January 2021,” it stated.
L&T Finance Holdings: L&T Finance Holdings stated its board has fixed the price tag at Rs 65 per share for the Rs 3,000 crore rights concern which opens for subscription on February 1. According to a regulatory filing, the board has authorized the price tag of Rs 65 per totally paid-up share like a premium of Rs 55 per share of face worth Rs 10.
Power Finance Corporation: PFC’s Rs 5,000 crore taxable non-convertible debentures (NCDs) concern was subscribed close to nine instances on Monday and closed for subscription 11 days ahead of the schedule, according to the BSE information. The firm has planned to raise Rs 10,000 crore by means of bonds in two tranches.
Mindtree: Mindtree reported a 65.7 per cent rise in its consolidated net profit to Rs 326.5 crore for the December 2020 quarter. The firm had posted a net profit of Rs 197 crore in the year-ago period. Its income grew 3 per cent to Rs 2,023.7 crore in the quarter below assessment, from Rs 1,965.3 crore in the year-ago period.
Motherson Sumi Systems: Samvardhana Motherson Automotive Systems Group BV announced the acquisition of a majority stake in Plast Met Plastik Metal San. İmalatveTic.A.Ş.(PM-Bursa) and Plast Met Kalıp San.veTic.A.Ş.(PM-Istanbul) with each other identified as Plast Met group (Turkey) by means of its subsidiary Samvardhana Motherson Reflectec (SMR).
ICICI Lombard, Alembic Pharma: A total of 26 organizations like ICICI Lombard General Insurance Company, Alembic Pharmaceuticals, Ceat, CSB Bank, DCM Shriram, L&T Infotech, Tata Communications, Tata Metaliks, Bank of Maharashtra, amongst other folks will announce their quarterly earnings on January 19.