There is a possibility of high volatility in the market in the near term. However, in the meantime, on the basis of positive news, some stocks can show action in trading today.
Trending Stocks Today: There has been a recovery in the stock market in the last 2 days, but the risk factors have not been removed from the market yet. There remains uncertainty about the Russia and Ukraine crisis. Inflation figures in the US are worrying. Crude is still above $110 in the international market. In such a situation, there is a possibility of high volatility in the market in the near term. In such a situation, experts are advising short term investors to trade cautiously. However, in the meantime, some stocks may show action in today’s trading on the basis of positive news. If you are looking for some stocks for intraday, then you can keep an eye on them.
Infosys
Infosys and the International Tennis Hall of Fame on Thursday announced a multi-year transformational collaboration. Infosys has been made the official Digital Innovation Partner of ITHF.
Britannia Industries
LIC acquired 1.2 lakh shares in Britannia Industries through an open market transaction on 9 March. With this, its shareholding rose to 5.02 per cent, from 4.97 per cent earlier.
SBI
SBI is working on revamping its Yono mobile application to make it a pure digital bank. This new platform named ‘Only Yono’ will be enabled with cloud capability to handle high volumes. Also to provide better customer experience.
MMTC
MMTC has executed share purchase agreement and escrow agreement for sale of its entire equity holding in Nilachal Ispat Nigam (NINL) to Tata Steel Long Products (TSLP). TSLP has been selected as a successful bidder through a two stage auction process conducted under the aegis of DIPAM, Government of India.
Futures Consumer
Future Consumer said it has agreed to wind up Fonterra Future Dairy – a 50:50 joint venture with Fonterra Co-operative Group. The Joint Venture was established in 2018.
Supreme Petrochem
The board of Supreme Petrochem has approved the expansion of the second phase of its Expandable Polystyrene (EPS) plant at Nagothane in Maharashtra to 30,000 MTA. The board also approved setting up of second line of XPS and augmentation of masterbatch and compound capacity.
Aavas Financiers
UK’s development finance institution CDC Group has invested Rs 360 crore in a social bond program by the company. This investment will be done in the form of Rupee Dominated Bond (Masala Bond). It will be listed as a social bond in alignment with the International Capital Market Association’s Social Bond Principal.
Shipping Corporation of India
Life Insurance Corporation of India has sold 2 per cent equity stake in the company through an open market transaction. With this, LIC’s stake in the company has gone up to 6.03 per cent, from 8.04 per cent earlier.
,