Stocks in News: Watch out for TCS, Vedanta, aviation stocks today

Both the benchmark indices – Sensex and Nifty50 – gained around 1 per cent at the close. Financial segment witnessed maximum buying along with strong IT stocks during Tuesday’s session.

The crude oil price has stopped its rally above $128 per barrel on Tuesday: PTI

The Indian markets in the last hour turned green as buying sentiment appeared from domestic investors. Both the benchmark indices – Sensex and Nifty50 – gained around 1 per cent at the close. Financial segment witnessed maximum buying along with strong IT stocks during Tuesday’s session.

On Wednesday, stocks such as TCS, Vedanta, UltraTech Cement, Manappuram, Tata Consumer, Pennar Industries, Eicher Motor, Eveready Industries and Aviation stocks are in focus amid corporate actions and investor meetings scheduled on Wednesday.

See Zee Business Live TV Streaming Below:

TRENDING NOW

The crude oil price has stopped its rally above $128 per barrel on Tuesday and weakness was witnessed in oil and gas companies, as ONGC slumped over 4 per cent to become one of the top losers on Nifty.

Below are the five themes on which dozens of stocks are likely to show impact on the respective news and corporate actions of the company.

Corporate Actions

TCS to launch Rs 18000 crore buyback of shares scheme from Wednesday

The ex-date of Vedanta’s interim dividend of Rs 13 per share on Wednesday

Board Meetings

PNB Housing board to meet tomorrow to discuss about fund raising plan

Hatsun Agro board to meet tomorrow to discuss about sale of assets

Pennar Industries board to meet tomorrow to mull about share buyback plan

Investor Meetings

Ultratech Cement has scheduled an investor meeting with Bajaj Allianz

Manappuram has also lined up meeting a with an investor Myriad Asset Management

Tata Consumer to conduct investor meetings with JP Morgan Asset Management

Eicher Motor scheduled an investor meeting with Credit Suisse

Stocks in News

Aviation stocks in focus - Government has decided to resume scheduled commercial international passenger services to/from India from March 27, 2022

Eveready Industries board approves the appointment of Suvamoy Saha as the Managing Director of the Company

Infosys and Dow Jones announce expanded collaboration to develop new human-centered Digital experiences

Important Events

Russia-Ukraine geopolitical tension

Assembly election results

Retail fuel price hikes

Commodities move

FOMC meeting next week

TAGS: