Nifty 50/Sensex/BSE 500 Stocks in News | Tata Power, Adani Enterprises, NLC India, Mawana Sugars, MSTC, are some stocks to watch out for on Friday.
Share Market News, Nifty 50/Sensex/BSE 500 Stocks to Follow: Domestic equity indices fell on Thursday amid selling pressure in energy, financial and steel stocks although buying in IT stocks provided some support, ending the decline. The Sensex fell 422.6 points, or 0.5 percent, to end at 77,155.8 while the Nifty50 lost 168.6 points, or 0.7 percent, to close at 23,349.9.
Stocks in News | As market participants wait Here are more than a dozen stocks to track on Dalal Street during the November 22 session:
Coal Mining Auctions
NLC India and JSW Energy Utkal are among the five companies that bagged five mines on the first day of the 10th round of the coal mine auction.
While ACC bagged a coal mine in Madhya Pradesh, NLC India and JSW Energy Utkal won one block in Odisha.
Two other companies that have won coal blocks are Mineware Advisors, and Shreeji Nuravi Coal Mining and Trading.
Tata Amandla
Tata Power has signed an initial agreement with the Asian Development Bank (ADB) to explore financing worth Rs 4.25 billion for several of its key projects.
The Tata group company signed a memorandum of understanding in Baku, Azerbaijan in this regard. Read more
Investors are eyeing Adani group stock
Shares of the Adani group will continue to focus on Dalal Street after US authorities charged Gautam Adani, the group’s chairman, with his alleged role in a $265 million bribery scheme.
On Wednesday, shares of Adani group leader Adani Enterprises fell by Rs 637.7, or 22.6 per cent, to end at Rs 2,182.6 apiece on the BSE.
Adani’s group called the allegations “baseless”.
The conglomerate said it would seek “all possible legal avenues”.
Business Action | Mawana Sugars, MSTC, Amrutanjan Health Care, Panama Petrochem stocks to trade ex-dividend
Dividend Shares
Twelve stocks will trade in ex-dividend on Friday, including Mawana Sugars, MSTC, Amrutanjan Health Care and Panama Petrochem.
Here is the complete list:
Stock | Dividend size |
AMRUTANJAN FOR HEALTH | Re 1 |
Dhruv Consultancy Services | Re 0.1 |
FDC | Rs 5 |
SUGAR WAWAWANA | Rs 3 |
MSTC | Rs 4 |
NILE | Rs 4 |
Orient Technologies | Re 1.8 |
PANAMA PETROCHEM | Rs 2 |
PREMCO GLOBAL | R39 (special dividend) |
Satia Industries | Re 0.1 |
STEELAST | Re 1.35 |
Company Veedol Corporation | Rs 20 |
Share it separately
Shares of Sudarshan Pharma Industries are expected to trade at an earlier breakup shortly after the bell opens on Friday.
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