Your investment can be secured by keeping a close watch on every movement of shares. Here we are telling such stocks which will remain in the news today and which will be monitored by the market.
There will be changes in Nifty
TATA CONSUMER will have ENTRY in NIFTY from 31 March. GAIL will be out of INDEX. NIFTY will now have 7 FMCG companies, after which the sector weightage will increase to 11.6 percent.
Focus on INDIAMART
The promoter plans to sell a 2 per cent stake through a block deal. Deal at a discount is possible at the current price. The promoters will sell 500 crore shares through a block deal.
Focus on UNITED SPIRITS
The company will conduct a strategic review of its brands. The brand will not be reviewed by McDowells and Directors Special. The process is expected to be completed by the end of 2021.
The company has a Share Purchase Agreement with GAIL. The company will buy 25.51% of GAIL in Ratnagiri Gas. NTPC will hold 86.49% stake in Ratnagiri Gas after the share purchase. Konkan will sell the entire 14.82% stake in LNG.
Focus on SPARC
The US FDA asked for more data on the cancer drug Taclantis. The data for the new phase-3 study of Taclantis is sought. SPARC’s cancer drugs include Taclantis. The US FDA has rejected the company’s appeal for Taclantis.
Focus on SBI CARDS
550 crore to be released through NCD.
Focus on MAZAGON DOCK
MoU with Mumbai Port Trust at Maritime India Summit.
Focus on NAVA BHARAT VENTURES
The board meeting will be decided on 26 February.
Focus on TATA COFFEE / TATA CONSUMER
Coffee prices are at a two and a half year high. Decreased production in Brazil increased coffee prices.