Amidst the uncertainty, some stocks may show good action in today’s trading due to some positive sentiments. You can keep an eye on them for intraday.
Stocks in Focus Today: Global signals are better for the domestic market today. However, due to the crisis in Russia and Ukraine, there is uncertainty in the markets. The volatility in the market is expected to continue in the coming few days. In such a situation, especially short term investors are also advised to trade cautiously. However, in the midst of uncertainty, some stocks may show good action in today’s trading due to some positive sentiment. If you are looking for any stocks with positive sentiment for intraday, then you can keep an eye on them. These stocks in today’s list include names like Tata Power, Ruchi Soya, SBI Life, Zensar Technologies, Aurobindo Pharma, Power Grid Corporation of India, Somany Ceramics.
Tata Power
Tata Power has collaborated with Rustomjee Group. In association with Rustomjee Group, the company will provide electric vehicle charging solutions for all its residential and commercial projects in the Mumbai Metropolitan Region (MMR).
Ruchi Soya
Markets regulator SEBI (SEBI) on March 28 offered investors an option to withdraw their applications in the Rs 4,300-crore follow-on public offer (FPO) of Ruchi Soya. This window will remain open till March 30.
SBI Life
SBI Life Insurance has started a block deal on March 28. According to a report, Canada Pension Fund will sell its 0.56 percent stake in the company at a price band of Rs 1039-1077. This is the second sale by the Canada Pension Fund in a week. Last week it sold 4 crore shares in Kotak Mahindra Bank.
Zensar Technologies
Zensar Technologies has opened its Global Delivery Center in Kolkata to support global customers and leverage more local talent.
Aurobindo Pharma
Aurobindo Pharma has acquired the business and certain assets of Veritas Healthcare for Rs 171 crore. Veritas operates in the pharmaceutical industry in India and sells branded generic formulations and other healthcare products.
Power Grid Corporation of India
Power Grid Corporation has approved investment of Rs 821.3 crore in 5 projects. This includes strengthening of transmission system beyond Kolhapur for export of electricity from solar and wind energy sectors in southern region, strengthening transmission system for Srinagar-Leh transmission system, increasing transformation capacity in southern region and Kurukshetra and Patiala substations. Including increasing the transformation capacity.
Somany Ceramics
The Somany Ceramics board has approved investment of up to Rs 9.50 crore in the company’s subsidiary SR Continental through subscription of equity shares. Out of the approved investment of Rs 9.50 crore, the company has now invested Rs 2.50 crore through rights issue.
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