Sensex is at the level of 60689.18 with a slight gain of 6.48 points, that is, 0.01 percent. At the same time, Nifty was trading at the 17857.70 level, up 1.20 points, or 0.01 percent. The green color of TITAN, SUNPHARMA, TATASTEEL, NTPC, BAJAJ-AUTO in Nifty means that a positive reaction is observed in these stocks.
Moderate purchases are observed in the national stock market amid mixed global signals. Sensex and Nifty have slight gains in today’s trade. Sensex is at the level of 60689.18 with a slight gain of 6.48 points, that is, 0.01 percent. At the same time, Nifty was trading at the 17857.70 level, up 1.20 points, or 0.01 percent. The green color of TITAN, SUNPHARMA, TATASTEEL, NTPC, BAJAJ-AUTO in Nifty means that a positive reaction is observed in these stocks.
On the other hand, big stocks like ADANIENT, SBIN, M&M, INFY, ADANIPORTS are seen in red color, which means they are showing signs of falling. Today there is buying in heavyweight stocks. The metals index in Nifty looks strong at about 1 percent, while the TI index is down more than half a percent. Today, that is, February 13, 2023, some stocks are ready to show action in a volatile market. These stocks may remain in the spotlight in the market today. If you’re looking for better intraday stocks, you can keep an eye on them.
adani green energy
Moody’s downgraded the outlook on Adan Green Energy to negative from stable. Moody’s Investors Service has affirmed the ratings of 8 Adani Group companies, including Adani Green Energy. Moody’s has changed the outlook for 4 Adani Group companies from stable to negative. While he has maintained a stable outlook in 4 other companies.
Mahindra Kotak Bench
Kotak Mahindra Bank is preparing to buy Sonata Finance for Rs 537 crore. The bank has entered into share purchase agreements with the existing shareholders of Sonata Finance, a non-bank finance company microfinance institution, to acquire Rs 2.64 crore of Sonata shares for Rs 537 crore (. It is expected that the acquisition is completed by the first half of fiscal year 24.
Oil India’s third-quarter profit rose 1.5 percent on-quarter to Rs 1,746 crore, hurt by a decline in other income. Revenue rose 16 per cent to Rs 5,376 crore. On the operational front, EBITDA grew by 54.5% to Rs 2,855 crore. The company declared an interim dividend of Rs 10 per share.
The company recalled more than 34,000 bottles of the generic drug used to treat high blood pressure from the US market. After the failure of the test, the company had to make the decision to withdraw the drugs. Let us tell you that the company had produced them at its manufacturing facility located at Halol in Gujarat. The affected lots were later distributed to the market by his US-based entity.
Managing director and CEO TV Narendran said the merger of the seven subsidiaries with Tata Steel is expected to be completed in the 2023-24 financial year. The board had previously approved a proposal to merge subsidiaries with itself for greater synergy, greater efficiency and lower cost.