The domestic stock market had a good start this week. On Monday, the Sensex and Nifty had gained half a percent each. On Tuesday, the Sensex rose 400 points in opening trade. The selling momentum seen by FIIs has come down during the last few days due to holidays.
The domestic stock market had a good start this week. On Monday, the Sensex and Nifty had gained half a percent each. On Tuesday, the Sensex rose 400 points in opening trade. The selling momentum seen by FIIs has come down during the last few days due to holidays. However, let’s take a quick look at the stocks that will be watched on Tuesday.
Supriya Lifescience
There has been a great listing of shares of today. Shares of this Pharma API Manufacturers were seen trading at Rs 425 with a jump of 55.11 percent. The issue price on the upper band was Rs 274 per share. That is, it has opened by increasing by Rs 151 from its issue price.
RBL Bank
Its shares were seen trading with a gain of 3 per cent on Tuesday after the intervention of the Reserve Bank and then the ban of Futures and Options (F&O) in it. Its shares had fallen 25 per cent on Monday. However, later it closed down 18 percent on the return side.
HDFC Bank (HDFC Bank)
The country’s largest private sector bank HDFC Bank has decided to offer banking services in alliance with India Post Payment Bank (IPPB). Especially in those areas where there are no banks. With this, it can get good response in semi-urban and rural areas.
Godrej Properties
GPL MD and CEO Mohit Malhotra said in a conversation with Financial Express Online that the increase in property prices is clear. This will increase the margin of the company. He said that the company is trying to strengthen its base in this sector as the consolidation is increasing.
Axis Bank
Axis Bank has informed the stock exchange that RBI has approved the appointment of Rajiv Anand as its Deputy Managing Director. Anand will remain in this post till August 3, 2022.
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Vedanta
Anil Agarwal’s company Vedanta has said that the company’s committee of directors has approved the subscription offering on a private placement basis. The non-convertible debenture (NCD) of the company will be of face value of Rs.10 lakh. The total NCDs will be Rs 10000 crore.
Adani Group
Adani Group Australia Australia’s Carmichael Coal Mines will start exporting low-sulfur coal earlier this week. The company is monitoring the demand for energy in the world market.
Siemens
TRIL Urban Transport Private Ltd., a subsidiary of Tata Group. And Siemens Project Ventures GmbH (Siemens Financial Services) will develop metro corridor up to Hinewadi and Shivajinagar under Public Private Partnership.
(Article: Kshitij Bhargava)
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