Nfty 50, Other Stocks in News: Coal India, MobiKwik, Power Grid, other stocks to follow on Tuesday.
Share Market News, Stocks in News: Domestic equity benchmarks extended losses for a second straight session on Monday, following a New Year’s rally, dragged down mainly by financial and consumer stocks due to a lack of quarterly updates from key sectors. Both the headline indices ended 1.6 percent lower, with the Sensex shedding 1,258.1 points to 77,965 and the Nifty50 giving up 388.7 points to settle at 23,616.1. Investors are now awaiting the start of a new season of premiums this week in terms of domestic brands.
With the focus on the next trading session on Dalal Street, here are a few stocks to track on January 7.
Stock in News | Knowledge Edge
The company has registered a 15.8 percent year-on-year increase in its standalone billings to Rs 577 crore in Q3.
Stock in News | SH Kelkar and Company
SH Kelkar and Company has seen strong demand for its core business segment.
The company is expected to see margin pressure in the fourth quarter of the year.
Stock in News | Bharat Forge, GNA Axles, Ramkrishna Forgings, Samvardhan Matherson…
Orders for Class 8 trucks in the North American market grew 23 percent in December.
That marks a performance slightly above season expectations.
Stocks in News | The Power Grid
Power Grid emerged as the lowest bidder for two key projects.
Stocks in News | Coal India Ltd (CIL)
Coal India has signed a non-binding memorandum of understanding (MoU) with IREL (India).
Stocks in News | Quarterly salary
GM Breweries and One MobiKwik Systems are scheduled to report their quarterly numbers on Tuesday.
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