Stock In News Today: By keeping a close watch on every movement of stocks, your investment can definitely be protected. Here we are telling such stocks which will remain in the news today and on which the market will be eyeing.
Axis Bank / HDFC Bank / ICICI ABNK in focus
The huge volatility in the bond market across the world can have an impact on Indian banks. The ADRs of Axis Bank, HDFC Bank and ICICI Bank are down up to 7%.
ONGC / OIL / HOEC in focus
Crude oil has reached a height of 13 years. The price of Brent has reached near $140. Brent has gained more than $11.50 in a day. Crude is at its highest level since July 2008. Brent went up to $147.50 in July 2008. The US has said that sanctions on Russia’s energy basket are possible. Let us tell you that the war between Russia-Ukraine continues for the 12th day. Negotiations on the nuclear deal with Iran have received late support.
PAINTS / AVIATION IN FOCUS
There is a strong jump in crude prices due to fears of US sanctions on Russia’s oil and gas. Prices hit 13-year highs. Brent has reached near $126.
IOC / HPCL / BPCL in focus
It is possible to review the prices of petrol and diesel today.
ICICI LOMBARD / NEW INDIA ASSURANCE IN FOCUS
The premium for a new car is proposed to be increased by 1-23%. Two-wheeler insurance premium can go up by 15-177%. There is a proposal to increase the premium of the Ministry of Road Transport. Third party motor insurance premium is proposed to be increased.
TATA MOTORS / MARUTI / M&M / MOTHERSON SUMI IN FOCUS
Moody’s says that global semiconductor problems are possible again. Palladium and Neon are used in semiconductors. Russia holds a 40% stake in Global Palladium Supply. 70% of Neon production takes place in Ukraine alone.
HINDALCO / NALCO IN FOCUS
Aluminum prices have reached a 12-year high.
Talks are going on regarding the merger of PVR and Cinepolis. According to reports, Cinepolis is likely to be a major shareholder with a 20% stake. Ajay Bijli has 3 years of management control possible.
BALKRISHNA IND IN FOCUS
Commercial production has started at Bhuj plant. The new plant will increase production by 50,000 MTPA.
JK CEMENT IN FOCUS
Board approval has been given to enter the paint business. Will invest Rs 600 crore in the next 5 years.
Focus on ICICI Bank
CRISIL has rated the bank’s infrastructure bonds as AAA. The rating of bonds of Rs 10000 crore has been kept AAA, outlook stable.
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