Avaatar Holdings Stock: Through a block deal, Avaatar Holdings may pare 1.8 per cent stake in the software and consulting company in a deal estimated to be worth Rs 160 crore.
On 19th June, Sectoral indices such as FMCG, Media, Metal, Pharma, and reality remained in red again. In the last trading day these sectors were lagging behind as well. On the other hand, along with PSU and private banks, financial and IT stocks did well.
In the IT category major giant companies such as Wipro and HCL Tech gained during the trade. Adani Ports were seen trading in green during the day’s trade.
GIFT Nifty futures went up by 25.40 pts or 0.11 per cent at 23,529 ahead of the opening bell on Stock Market. It is considered as an indicator for Sensex & Nifty, as Gifty Nifty inches higher, stock market is also likely to open green in opening bell.
Stocks to be in focus today, according to Experts and Zee Business
- L&T Stocks: Company shares are all set to trade ex-dividend on Thursday.
- Coal India Stock: Company has awarded 23 closed and discontinued underground mines to private operators on a revenue-sharing model.
- Infrastructure Stocks: NHAI who develop, maintain, and manage national highways in India is looking to offer 15 road projects worth Rs 44,000 crore covering 937 km, according to news agency PTI.
- IOC Stock: Indian Oil Corporation (IOC) entered a joint venture with biofuels company GPS Renewables to foster sustainable energy solutions in the country.
- Sun Pharma Industries Stock: Company received a warning letter from the US health regulator for its Dadra plant.
- PNB Housing Finance Stock: Asia Opportunities Fund and General Atlantic are likely to offload 4.2 per cent in PNB Housing Finance at Rs 773 per share, a discount of 8.2 per cent to the market price according to Zee Business report.
- Avaatar Holdings Stock: Through a block deal, Avaatar Holdings may pare 1.8 per cent stake in the software and consulting company in a deal estimated to be worth Rs 160 crore.
- MAS Financial Services Stock: The company’s QIP worth Rs 700 crore has been launched with the floor price pegged at Rs 301.31 per share, translating into a discount of 3.4 per cent from the current market price.
- Som Distilleries Stock: The Madhya Pradesh government has taken action against the company and has suspended its license in child labour case.
- KEI Industries Stock: Given the strike announced by the company’s employees on June 19, production at the company has stopped.
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)