New Delhi: Domestic stock markets are expected to trade in the green on Thursday amid cues from global markets. Asian shares were up by 0.31 per cent in South Korea’s KOSPI and 0.57 per cent in Shanghai Composite Index. Trends on SGX Nifty indicated a positive start for the domestic markets. Nifty futures, also known as SGX Nifty futures, rose 0.29 per cent, or 50 points, to 17,575.50 on the Singapore Exchange.
The benchmark BSE Sensex was up 1,016.03 points or 1.76 per cent at 58,649.68 on Wednesday. This was the biggest single-day jump since March 30 this year, when it climbed 1,128.08 points. The broader NSE Nifty was up 293.05 points or 1.71 per cent at 17,469.75.
Here are the stocks to watch during today’s session:
HCL Technology: Indian IT company and Deutsche Apotheker- und rztebank eG (apoBank) – Germany’s largest cooperative primary bank – have signed an agreement to acquire IT consulting company Gesellschaft für Banksysteme GmbH (gbs).
United Breweries: The beer maker has approached the National Company Law Appellate Tribunal (NCLAT) against the Rs 751.8 crore fine imposed by the Competition Commission of India (CCI), the fair trade regulator of India.
Mahindra & Mahindra (M&M): The company has signed a Memorandum of Understanding (MoU) with Jio-BP – a mobility joint venture between Reliance Industries and UK’s BP Plc, to explore manufacturing of Electric Vehicles (EV) products and services.
Infosys: Infosys BPM, the business process management arm of IT major Infosys, has announced that it is expanding its presence in Ireland, creating 250 jobs locally with the development of a new distribution center in Waterford.
RailTel Corporation of India: The company has received a work order from IRCON International for design, supply, installation, testing and commissioning of tunnel communication system consisting of emergency call and service telephone, CCTV, tunnel radio and PA system in tunnel environment at a total cost of Rs.210.77 crore. Has happened.
Also, the Initial Public Offer (IPO) of MapmyIndia will open today. Owned by CE Info Systems, the company has created maps of over six million km, covering 98.5 per cent of the country’s road network under the MapmyIndia brand.