New Delhi: The Sensex was down 241.30 points, or 0.31 per cent to 77,339.01, while the Nifty was down 78.90 points, or 0.34 per cent to 23,453.80. TCS, Infosys, and NTPC were the top drags while Tata Steel, HUL, and Mahindra & Mahindra were the top gainers from the 30-share Sensex.
Foreign Institutional Investors (FIIs) sold shares worth Rs 1,849.87 crore on Thursday, according to exchange data. Total Foreign Portfolio Investors (FPIs) outflows stood at Rs 15,827 crore so far in 2024. Sensex and Nifty continued to remain in consolidation mode on Thursday amid weak earnings and a weaker rupee, said Vinod Nair, Head of Research at Geojit Financial Services. Here are stocks that are likely to remain in focus on Tuesday, November 19, 2024:
Bajaj Finance: The company’s fixed deposit book rose 21 per cent to Rs 66,131 crore for the period ending September 30, 2024, and its total franchise was at 92.09 million while app platform users stood at 61.67 million, according to an official statement.
Bharti Airtel: The international investment arm of Bharti Enterprises, Bharti Global completed the acquisition of a 24.5 per cent stake in BT Group from Altice UK.
Easy Trip Planners: The travel platform will issue bonus shares to stakeholders in a 1:1 ratio based on holdings on the record date of November 28, 2024.
NTPC: The state-owned company paid a Rs 2,424 crore interim dividend to its shareholders, equalling 25 per cent of its total issued shares.
RVNL: The railway PSU said it had secured a letter of acceptance for a Rs 294.94 crore project from South Central Railways for the doubling of tracks on the Navipet-Indalvai station route in Telangana.
SBI: India’s largest lender plans to open 500 new branches taking 23,000 by end-FY25, according to Finance Minister Nirmala Sitharaman.
Waaree Energies: The company’s Q2 profit rose 17 per cent to Rs 375.6 crore from Rs 320.1 crore, according to a regulatory filing. The company’s IPO debuted at Rs 2,550 apiece, up 69.66 per cent from the IPO price of Rs 1,503.
