Due to the positive trigger, some stocks can show a lot of action in today’s trading. If you are looking for stocks for intraday trading, then you can keep an eye on them.
Stocks in Focus Today: There is volatility in the stock market. On Monday, the market closed weakly. The screw of Russia and Ukraine crisis is increasing. If the crisis escalates, the uncertainty in the markets around the world will increase further. At present, there is a possibility of short term volatility in the market. In such a situation, it is becoming difficult to choose a better stock for the short term. But in the meantime, due to some positive trigger, some stocks can show a lot of action in today’s trading. These include names like NHPC, Zomato, PNB, Punjab National Bank, Deepak Nitrite, REC, Equitas Small Finance Bank, Wipro, Larsen & Toubro. If you are looking for stocks for intraday trading, then you can keep an eye on them.
NHPC
Life Insurance Corporation of India has sold 2.03 per cent stake in NHPC through an open market transaction. With this, the stake of LIC in the power generation company has increased to 7.23 percent, which was earlier 9.26 percent.
Zomato
Zomato will deliver food to its customers in a record 10 minutes. Zomato CEO Deepinder Goyal said in a blog post that the only way to survive in the tech industry is through innovation and leading from the front.
Punjab National Bank
PNB will convene a board meeting later this month to decide on its plan to raise capital through debt for the next financial year.
Deepak Nitrite
ICRA has upgraded the long term rating of Deepak Phenolics, a wholly owned subsidiary of the company, from ‘AA-‘ to ‘AA’ for bank facilities worth Rs 756.27 crore. Whereas the short term rating has been given ‘A1+’. Outlook on Long Term Rating has changed from stable to positive.
REC
The company has approved a market borrowing program of Rs 85,000 crore under the different debt segment for the financial year 2022-23.
Equitas Small Finance Bank
The board of Equitas Small Finance Bank has approved a scheme of amalgamation between Equitas Holdings and Equitas Small Finance Bank.
Wipro
The board of IT company Wipro will meet on March 25. In this meeting, the board will consider the announcement of interim dividend for the financial year ending 2021-22.
Larsen & Toubro
The board of Larsen & Toubro will seek approval on March 24 for issuance of debt securities to raise funds under the company’s refinancing programme.
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