The stock market on Monday, March 8, closed in the green amid a very volatile session. The market indices on Tuesday, March 9, areexpected to give a positive start as the SGX Nifty was trading 96.00 points or 0.64 percent higher at 15,078.00 at 7:00 am. On March 8, the BSE Sensex witnessed a gain of 35.75 points or 0.071 percent to close at 50,441.07 while the NSE Nifty was down by 18.10 points or 0.12 percent to settle the day at 14,956.20.
Top stocks to look for the day are:
Wipro: National Grid is being helped by Appirio which is a Wipro company to transform its business with an omnichannel customer experience by unifying its engagement with 68 million customers across two continents.
Telecom Companies: Demand notes have been issued to Reliance Jio, Bharti Airtel and Vodafone Idea by the Telecom Department asking them to make stipulated payments for the spectrum they bought.
Coal India: 32 coal mining projects have been approved by the company’s board in the current financial year (till January).
Tata Motors: From March 9 to March 12, the officials of the company will meet Analyst / Institutional Investors.
BPCL: The sale of its 15,89,93,397 equity shares held by BPCL Trust has been approved by the company’s board.
Biocon: Allotment of 1,97,99,305 equity shares at an issue price of Rs 280.31 per share has been approved by Biocon Biologics (BBL) to the investor. BBL has also received subscription money aggregating around Rs 555 crore from Beta Oryx which is a wholly-owned subsidiary of ADQ.
Godrej Properties: The proposal to raise up to Rs 3,750 crore through the issue of securities has been approved by the company’s shareholders.
Prism Johnson: On March 9, the officials of the company will interact with HDFC Securities.
Dhunseri Ventures: The entire shareholding of 25 percent of the company in Tastetaria Foods has been divested in favour of its existing JV partner Choicest Enterprises (CEL) of Ambuja Neotia group.
Zodiac Clothing: Pari Washington India Master Fund has sold an entire 2.3 percent equity stake via open market transaction and has exited the company.
Ankit Metal and Power: Chairman and Director of the company, Suresh Kumar Patni has resigned from the post with immediate effect.
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