Stocks In Focus Today: A trading day ago, the Sensex and Nifty had lost about 2 per cent and since mid-November it has lost 3.8 per cent. In this way the domestic market is completely under the control of beer. Even today, due to weakness in SGX Nifty, positive signals are not getting in the domestic market. According to Nagraj Shetty, Technical Research Analyst, HDFC Securities, the overall chart pattern is looking weak and weakness may increase in the near term. Due to the rapid sliding from the height, the possibility of further decline in the near term can be ruled out. According to Shetty, in the next few weeks, Nifty can slip to the level of 17000-16800. During trading today, the focus will be on these stocks including Bharti Airtel, Reliance and Latent View Analytics.
Live updates related to stock market today
Today focus will be on these stocks
- Bharti Airtel A trading day ago, when there was a huge fall in the Sensex, there was a lot of buying going on in the shares of Bharti Airtel. Due to the increase in tariff by the giant telecom company Airtel, the interest of investors increased. Apart from this, according to the data of telecom regulator TRAI, in September, Airtel added 2.74 lakh mobile users while Jio and Jio lost subscribers, its effect can also be seen on its shares today.
Tariff Hike: Recharging prepaid mobile will be expensive from this day, Airtel hikes tariff, check new rates
- Latent View Analytics – Shares of digital services provider Latent View Analytics are listed on the domestic equity benchmark index today. Its Rs 600 crore IPO received an overwhelming response from investors and the issue was subscribed 326.49 times. This issue was open for subscription from November 10-12. Under the issue, new shares worth Rs 474 crore with face value of Re 1 have been issued and shares worth Rs 126 crore have been issued under offer for sale.
- Reliance Industries – Reliance Jio, the telecom arm of Mukesh Ambani-owned Reliance, lost 19 million subscribers and only 42.48 million mobile subscribers in September, according to TRAI data. Apart from this, the shares of Reliance fell by more than 4 percent a trading day ago. This was the reaction of investors to the cancellation of the deal of Reliance and Saudi Aramco. Today again the effect of cancellation of this deal can be seen on its shares.
Sensex Target: Sensex may touch the level of 80 thousand by the end of next year, foreign brokerage research firm expressed confidence due to these reasons
- Vodafone Idea – Vodafone Idea, which is facing financial difficulties, is rapidly losing its subscribers. According to the data released by TRAI, about 10.77 lakh subscribers left Vodafone Idea in September and it had only 2699 million subscribers left.
- State Bank of India – Green bonds worth $ 650 million (Rs 4841.20 crore) of the country’s largest bank SBI were listed on the Luxembourg Stock Exchange and India International Exchange (India INX) on the same day on Monday.
- DLF – DLF’s rental arm Cyber City Developers Limited has raised Rs 1,000 crore through private placement of listed, secured and redeemable non-convertibles (NCDs). These NCDs will mature in September 2024 and have been issued at 6.7 per cent per annum fixed coupon. They are rated CRISIL AA/Stable and will be listed on BSE Limited Wholesale Debt Market.
- Spandana Sphoorty – The board of Spandana Sphoorti on Monday approved the appointment of Shalabh Saxena as ND & CEO. He will have a tenure of five years from the date of joining.
(US = 1 = Rs.74.48)
Get Business News ,, latest India News ,, and other breaking news on share market, investment scheme and much more on Business Khabar. Like us on Facebook, Follow us on Twitter for latest financial news and share market updates.
.