In today’s trading, some stocks may show bounce due to positive trigger. If you are thinking of trading in intraday, then you can keep an eye on them.
Stocks in Focus Today: Global market sentiments are looking better for the stock market today. There seems to be some agreement between Russia and Ukraine. There are signs of adopting a soft stance on the part of Russia. However, until there is clarity about this crisis, volatility in the market cannot be ruled out. Experts are also advising to trade cautiously till the market becomes stable. However, in the midst of this volatility, due to the positive trigger today, some stocks may see strong action. If you are looking for good stocks for intraday, then you can keep an eye on them. Today in this list names like IndiGo, Tata Consumer Products, PNB, ONGC, Rail Vikas Nigam, IDBI Bank, Lemon Tree Hotels, Hero MotoCorp, Ruchi Soya Industries are there.
IndiGo
Jiten Chopra has resigned as the Chief Financial Officer (CFO) of IndiGo. The board has approved the appointment of Gaurav Negi as the new CFO.
Tata Consumer Products
The company on Tuesday announced the restructuring of its India and overseas business. The company has also proposed to buy 10.15 per cent minority interest in its UK subsidiary TCP UK from Tata Enterprise (Overseas), Switzerland, (TEO).
PNB
The board of PNB has approved a proposal to raise Rs 12,000 crore by issuing bonds to fund business growth. The bank said in an exchange filing that the board has approved raising of capital up to Rs 5500 crore through Basel III compliant AT-1 bonds and up to Rs 6500 crore in Tier II bonds.
ONGC
The Government of India has proposed to sell more than 9.43 crore equity shares (0.75 per cent of the total paid equity shares) through offer for sale on March 30 and March 31. The government also has an option to sell one more lot of equity shares in excess of 9.43 crore through OFS.
Rail Vikas Nigam
Rail Vikas Nigam has signed a Memorandum (MoU) with Jaykaycem (Central), a wholly owned subsidiary of JK Cement. This MoU is for development of 50 km long new railway line between Devendra Nagar and Puraina in West Central Railway in Madhya Pradesh through SPV mode.
IDBI Bank
IDBI Bank board has given in-principle approval for disinvestment of up to 11.10 per cent stake of the bank in National Securities Depository (NSDL) through a market driven process. It has also approved the sale of the bank’s entire stake in Ageas Federal Life Insurance Company to Ageas Insurance International.
Lemon Tree Hotels
Under the company’s brand Aurika Hotels & Resorts- Luxury, the company has signed a license agreement for a 132-room hotel project in Rishikesh, Uttarakhand. The hotel is expected to be operational by March 2025.
Hero MotoCorp
Hero MotoCorp will increase the ex-showroom prices of its motorcycles and scooters with effect from April 5. The company says that there has been an increase in commodity prices recently, due to which it had to take this step. The increase in prices will be up to Rs 2000.
Ruchi Soya Industries
The meeting of the Board of Directors of the Company has been rescheduled to 31st March to determine the issue price and anchor investor issue price follow-on public offer. Earlier it was scheduled on March 29.
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