Share Market News, Stocks to Track: Domestic equity benchmarks Sensex and Nifty50 suffered sharp losses on Monday amid a sell-off spanning most sectors, with financial, IT, energy, and auto shares being the worst hit as investors globally assessed mixed signals from major markets. Sensex shed 1,272.1 points, or 1.5 per cent, to end at 84,299.8 while Nifty50 slumped 368.1 points, or 1.4 per cent, to settle at 25,810.9.
At the current levels, both main gauges are off about 2.0 per cent from their all-time highs registered last Friday.
As the focus shifts to a new calendar month, here are a few stocks set to be in focus during the upcoming session on Dalal Street:
Stock in News | Tata Steel
Tata Steel has ceases operations at Blast Furnace 4 along with other associated iron and steelmaking assets at Port Talbot, the UK’s largest steel plant, bringing an end to ironmaking at the site. Many of the existing ‘heavy end’ assets—such as blast furnaces and coke ovens—in Tata Steel UK’s Port Talbot works, had reached the end of their operational life.
Sustaining the current configuration any longer, or further investment in the traditional heavy end, was not economically or environmentally viable, according to the Tata group steelmaker.
Stock in News | NTPC
NTPC Green Energy Ltd (NGEL), the IPO-bound wholly-owned subsidiary of NTPC Ltd, has signed a memorandum of understanding (MoU) with the Rajasthan government for the development of 25 GW of RE Projects.
Stock in News | NHPC
Stock in News | CDSL
A uniform tariff of Rs 3.5 per debit transaction by CDSL will come into force on Tuesday.
Stock in News | Godrej Properties
Godrej Properties’ board is set to meet on Tuesday to consider raising funds through shares.
Stock in News | Reliance Infrastructure
Reliance Infrastructure’s board is scheduled to meet on the same day to discuss raising funds.
Stock in News | Tata Power
Tata Power has signed an investment agreement with the Rajasthan government.
Stock in News | Kalpataru Projects International
Kalpataru Projects International has bagged an order worth Rs 1,241 crore.
Stock in News | Bank of Maharashtra
The lender’s QIP issue has hit the Street at a floor price of Rs 60.37 per share.
Stock in News | IRCTC
IRCTC has appointed Gaisingam Kabui as its CFO.
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