The decision of the RBI MPC (Monetary Policy Committee) will be announced on June 7 (Friday) will impact on some stocks.
On 6th June, the Nifty 50 index surged 201 points, or 0.89 percent, to 22,821.40, while the BSE Sensex climbed 692 points to 75,074, reflecting a 0.93 percent gain.
Stocks to be in focus today, according to Experts and Zee Business
- Bajaj Housing Finance Stock: Company board has approved a proposal of an initial public offer (IPO), which comprises of fresh issuance of shares worth Rs 4,000 crore.
- Home First Finance Stock: Company shares are scheduled to trade ex-dividend on Friday.
- ICICI Lombard General Insurance Stock: Company shares are scheduled to trade ex-dividend on Friday.
- Himadri Speciality Chemical Stock: Shares of the company are scheduled to trade ex-dividend on June 7.
- Indian Bank Stock: Lender shares are slated to trade ex-dividend on Friday.
- Indian Hotels Stock: Tata group company’s shares are scheduled to trade ex-diviend on Friday.
- Other Stocks: IndiaMART Intermesh, Richfield Financial Services, JM Financial, UNO Minda and SMC Global Securities shares are also scheduled to trade ex-dividend on June 7.
- HUDCO Stock: Company has signed a pact with IIFCL to collaborate for extending infrastructure co-financing and other services.
- HUL Stock: Hindustan Unilever Ltd has announced the appointment of Arun Neelakantan as Executive Director-Customer Development.
- Stocks To Impact After RBI MPC Meet: As the RBI is all set to announce its decisionover repo rate at 10 am on Friday, rate-sensitive spaces like auto, financial services, real estate and consumer durables will be in the spotlight.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)
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