The markets are moving with caution, and the Nifty is holding a crucial support level. This means that investors are waiting to see what happens next. With global events and currency concerns affecting sentiment, it's essential to keep an eye on key stocks.
Key Stocks to Watch
Today, shares of Meesho, Ola Electric, Bharti Airtel, JSW Energy, and Vodafone Idea will be in focus due to various news developments.
Stock-Specific News
- Ola Electric: Promoter Bhavish Aggarwal sold 2.83 crore shares through a bulk deal, marking the third consecutive day of stake offloading.
- ICICI Prudential AMC: The company will debut on the stock exchanges today after a strong response to its IPO.
- NTPC: The power giant has prepared a roadmap to have an installed capacity of 244 GW by 2037, requiring a capex of Rs 7 lakh crore.
- Bharti Airtel: The company appointed Soumen Ray as its group chief financial officer.
- Vodafone Idea: The company raised Rs 3,300 crore through the issuance of secured non-convertible debentures.
Other Notable Developments
- Lupin: The pharma major signed an exclusive licensing agreement with Italy's Neopharmed Gentili S.p.A for marketing and promotional rights for gastroenterology brand Plasil.
- JSW Energy: The company announced plans to double the capacity of its Salboni thermal power project in West Bengal to 3,200 MW.
- Max Healthcare: The company will invest over Rs 1,000 crore to set up a 450-bed super speciality hospital in Pune.
- ITC: The company plans to expand its hospitality footprint in West Bengal with three new hotels.
Remember, this is a perspective, not a prediction. Do your own research and consider your own risk tolerance before making any investment decisions.