Stocks to Watch Today: Indian stock market may start falling amid weak signals from the global market. At 7:30 am, Gift Nifty was trading 20 points down at 19,809. Whereas, a decline is being seen elsewhere in Asia. The Shanghai Composite was down 0.4 percent amid an 8 percent fall in Alibaba shares. Meanwhile, the Hang Seng fell 1.65 percent. Australia’s and South Korea’s benchmark indices fell 0.2 percent and 0.80 percent, respectively. The Nikkei was the only index in the green, up 0.06 percent. The Dow Jones slipped 0.13 percent, the S&P 500 rose 0.12 percent, while the Nasdaq Composite added 0.07 percent. In such a situation, investors in the market will keep an eye on these shares.
oil related stocks: Stocks dependent on crude oil and its derivatives, such as oil marketing companies, paints, tyres, oil explorers, etc. may show some action in the stock market on Friday after Brent crude fell 5 per cent on Thursday to around 77 per dollar. Are.
financial situation: Shares of banks and NBFCs are likely to rise after the Reserve Bank of India ordered higher risk weighting for unsecured loans.
DelhiveryAccording to reports, today SoftBank can sell about 31 million or 4 percent stake in the logistics company for $ 150 million through a block deal.
SJVN: It has signed a power purchase agreement with Solar Energy Corporation of India Limited for a 200 MW grid-connected wind power project worth Rs 1,400 crore. The project is expected to be completed within 24 months from the effective date of the agreement.
IDBI Bank: Tuhin Kanta Pandey, Secretary, Department of Investment and Public Asset Management, said the disinvestment of IDBI Bank may be delayed, potentially missing the March 2024 deadline, as the Reserve Bank of India (RBI) is closely vetting potential buyers. Continues.
JSW Infrastructure: The JSW Group company has won the order to develop an all-weather, deepwater, greenfield port at Kenni, Karnataka on a public-private partnership basis at an estimated cost of Rs 4,119 crore. The initial capacity of the port will be 30 million tonnes per annum (MTPA).
TVS Motor Company: It has signed an agreement with Emil Frey, one of Europe’s largest automobile importers and retailers, for the distribution of its products including the TVS Apache RTR 310 in the EU markets. France will be the first country for the launch, where its full suite of products, including ICE and EV models, will be made available from January 2024.
JSW Steel: JSW Steel has decided to withdraw its plan to surrender an iron ore mine in Odisha, which it had acquired through an auction in 2020, due to the current demand and supply dynamics of raw materials in the country.
Shilpa Medicare:The company has entered into a share subscription and shareholder agreement with Ash Ingredients Inc. to sell its 4 per cent stake in Shravati Advanced Process Technologies Pvt Ltd.
Brigade Enterprises: The real estate firm has inked a joint development agreement (JDA) with Krishna Priya Estates Pvt Ltd and Micro Labs Ltd to develop about 2 million sq ft of residential accommodation in Yelahanka in north Bengaluru, claiming a gross development value (GDV). Has been formalized. Of Rs 2,100 crore.
Ramakrishna Forgings: The company has made additional investment in the equity share capital of its wholly owned subsidiary RKFL Engineering Industry Pvt. Ltd. (REIPL) by way of subscription of 10 million equity shares worth Rs 10 crore through rights issue.
DCX System:The Board has approved raising up to Rs 500 crore through several instruments.
axita cotton: The Board of Directors will meet on Thursday, November 23 to recommend and approve the proposal to issue bonus shares.