Stocks to Keep an Eye On Today: The GIFT Nifty was down 27 points, or 0.11%, at 25,087, showing that the home market got off to a bad start. These are the best stocks to keep an eye on today.
Stocks To Watch: Tata Motors, Reliance Industries, HDFC Bank, IREDA, Jubilant Pharmova
GIFT Nifty said that the BSE Sensex and NSE Nifty 50 Indian stock market indices might start lower on Wednesday. Here are some of the most important stocks to keep an eye on during trade.
Stocks to Watch: GIFT Nifty traded lower; at 25,087, it was down 27 points, or 0.11%. This showed that Wednesday was off to a bad start for the NSE Nifty 50 and BSE Sensex. The BSE Sensex finished at 81,921 points, up 362 points, or 0.44%, and the NSE Nifty 50 closed the day 105 points higher at 25,042, up 0.42%.
Things to keep an eye on on September 11, 2024
Tata Cars
The Competition Commission of India said on Tuesday that the merger of Tata Motor Finance and Tata Capital was okay. Tata Capital will give its stock shares to the owners of Tata Motor Finance as part of the merger that was announced in June. This will give Tata Motors a 4.7% stake in the new company.
Reliance Business
A statement said that Reliance Retail Ventures and Delta Galil Industries of Israel have formed an equal joint venture that will grow the company’s business in India.
Axis Bank and HDFC Bank
The RBI gave HDFC Bank a Rs 1.91 crore fine and gave Axis Bank a Rs 1 crore fine. In a statement, the central bank said that HDFC Bank had been fined for not following some of RBI’s instructions about saving interest rates, the repayment agents that banks hire, and customer service in banks.
IREDA
The International Financial Services Centre Authority (IFSCA) has given temporary registration to IREDA Global Green Energy Finance IFSC Ltd, which is a fully owned division of IREDA. This means that the company is now officially recognized as a finance business.
Jubilant Pharmova
Jubilant Pharmova said that the US Food and Drug Administration (FDA) has sent information about its contract production plant in Spokane, Washington, to its company, Jubilant HollisterStier LLC.
Dr. Reddy’s Laboratories
Dr. Reddy’s Laboratories has responded to claims that it worked with Agora Advisory, the consulting business that Sebi chair Mabhabi Buch and her husband own. The company says the claims are “baseless and malicious.”
Pidilite Companies
In a statement, Pidilite Industries explained how it worked with Dhaval Buch. The company also said that it works with many partners and advisers who are experts in their areas and that Sebi has never asked about the company. The company Pidilite hired Dhaval Buch through Agora Advisory to help them with their supply chain and sourcing needs.
Ramco Systems
Ramco Systems released version 6.0 of its Aviation Software, which is a revolutionary new product that will change M&E and MRO processes with AI-driven insights, improved automation, and frictionless integration.
PC Jeweler
PC Jeweller got a Rs 67.54 crore tax return from the Income Tax Department on September 6. The money was paid to its account.