Nifty 50/Sensex/BSE 500 Stocks in News | Alembic Pharma, Indian Bank, Balrampur Chini, Eicher Motors, PFC, more than a dozen other stocks to follow on November 25
Share Market News, Nifty 50/Sensex/BSE 500 Stocks to Follow: Domestic equity benchmarks rose more than 2 percent on Friday amid a broad rally fueled by strong buying interest in IT, financials, energy, FMCG and auto stocks. The Sensex added 1,961.3 points to end at 79,117.1 while the Nify50 added 557.4 points to end at 23,907.3.
With the earnings season behind us, the market will take cues from FII activities and global indices.
Investors now await the official quarterly GDP reading on Friday for signs.
Stocks in News | Here are more than a dozen stocks to track on Dalal Street during the November 25 session:
The Adani Group remains focused
Adani Group CFO Jugeshinder Robbie Singh took to microblogging site X (formerly Twitter) over the weekend and said that none of the 11 public companies were charged.
The group’s CFO also said that none of the issuers were accused of wrongdoing in the said legal filing.
“There are many stories and reports that will try to choose unrelated things and create a topic. My humble request is that we will respond (in full) when we have reviewed the matter in detail as presented in the official file,” Singh wrote on Twitter.
“We will comment in detail once we have received legal advice authorizations to discuss what we can do publicly about the matter under the jurisdiction of the judges,” he said.
Alembic Pharma
The US drug regulator issued a 483 form with five observations regarding the Jarod company’s plant.
The FDA inspected this plant from November 14 to 22.
Eicher Motors
Eicher Motors subsidiary Royal Enfield has launched the Goan Classic 350 at a starting price of Rs 2.35 lakh.
Bank of India
The Financial Services Institutions Bureau (FSIB) has recommended the name of PNB ED Binod Kumar for the post of MD at Indian Bank. Read more
READ MORE: Dalal Street Week Ahead: FII activity, global benchmarks to focus
Dividend & Bonus Stocks
Shares of Balrampur Chini Mills, EPL and Power Finance Corporation are expected to trade ex-dividend soon after opening bell on Friday.
Shakti Pumps India stock is scheduled to trade on bonus shares.
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