Tuesday, 02 January 2024 12:17 GMT

Sensex, Nifty Poised For Subdued Start Sammaan Capital, Coal India, RBL Bank, Waaree Energies, Indigo On Stock Watchlist


(MENAFN- AsiaNet News)

Indian stocks are poised for a subdued opening on Friday, as the GIFT Nifty - an early indicator for the Nifty 50 index - traded flat ahead of the market open. Benchmark indexes snapped an eight-day losing streak on Wednesday, driven by a dovish RBI policy, with the Nifty reclaiming 24,800.

Most major Asian markets were mixed in morning trade, led by the Japanese Nikkei, which was up over 1.5%. Chinese markets are closed for a week during the National Day holidays.

Stock Watch

Maruti, Eicher, Hyundai India, Hero Motocorp, TVS Motor: Auto sales in September

Sammaan Capital: Abu Dhabi-based International Holding Company (IHC) to buy 43.5% stake for ₹8,850 crore.

Utkarsh Small Finance Bank: The board approved a ₹950 crore rights issue.

Coal India: September output fell 4% to 48.9 mt

KRBL: Wins bid for Panipat properties for ₹402 crore.

RBL Bank: Received a GST showcause notice worth ₹92 crore

Nuvama: Gets SEBI nod to set up the proposed Nuvama Mutual Fund.

Waaree Energies: The board has approved major capacity expansions across its clean energy businesses with a total capital expenditure of about ₹8,175 crore.

Indigo: Airlines will restart services to mainland China with the launch of daily, non-stop flights between Kolkata and Guangzhou from October 26. 

Q2 Update

V2 Retail: 22% revenue growth in Q2 FY26, 11% same-store sales growth. 

Mainboard Listing Today 

Trualt Bioenergy and Jinkushal Industries

For updates and corrections, email newsroom[at]stocktwits[dot]com.

MENAFN03102025007385015968ID1110145029



Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.