Stocks To Watch Today: A bullish phase is being seen in the Indian stock market today. Good signals are being received from the global market. At 7.30 am, Gift Nifty was up 0.15 percent or 32 points at 21072.5. In such a situation, equity benchmark indices Sensex and Nifty are expecting a higher start on Wednesday. The Dow and S&P 500 rose 0.48 percent and 0.46 percent, respectively, overnight, while the Nasdaq Composite rose 0.70 percent. There was a mixed trend in Asian stocks ahead of the US Fed rate outcome tonight. Japan’s Nikkei rose 0.5 percent. Australia’s S&P/ASX 200 was up 0.3 percent. The Kopsi in South Korea and the Hang Seng in Hong Kong fell by 0.6 percent.
Wipro: It signed a new agreement with RSA, one of the world’s leading general insurance companies, to help accelerate the insurer’s migration to the cloud and build a scalable IT infrastructure.
Axis Bank: Private equity giant Bain Capital is likely to sell another stake in the lender today through a new block deal worth $444 million, according to Moneycontrol. Entities associated with Bain Capital are considering selling 1.1 percent stake.
Laurus Labs: Laurus Synthesis, a wholly owned subsidiary of Laurus Labs, has been issued a Form 483 with five observations by the US FDA after it inspected its manufacturing facility at Paravada, Anakapalle, near Visakhapatnam between December 4-12.
SRF: The company said that two of the four new plants have been commissioned and capitalized at a total cost of Rs 225 crore. This is related to its earlier announcement of capital expenditure to set up four plants at an estimated cost of Rs 604 crore and to increase the capacity of existing plants.
CGD: Gas companies have told the government they are wary of investing without knowing the time period in which natural gas will be offered a free role in the economy.
Bank of Baroda: The capital raising committee of the bank will meet on December 15 to consider raising funds.
KIOCL:The company has temporarily suspended operations at its Mangalore plant due to non-availability of iron-ore fines.
Indian Bank:The public sector lender has issued a qualified institution placement (QIP) at a floor price of Rs 414.44 per share. The issue price will be decided on December 15.
Shilpa Medicare: Shilpa Medicare’s Unit VI, Bengaluru has received approval from TGA, Australia to manufacture medicinal oral mouth soluble films (wafers). This approval will enable the company to obtain approval for and market its oral film products in Australia.
Force Motors: The firm’s board has approved a plan to acquire 12.2 per cent stake in TP Surya, a wholly owned subsidiary of Tata Power Renewable Energy, to purchase solar power from a captive solar plant, to be set up by TP Surya, under open access. Will be done.
Jammu and Kashmir Bank: The bank’s board meeting will be held on December 14 to consider fund raising.