Stocks to watch on Wednesday: nifty Futures on the Singapore Exchange were trading 58 points or 0.35 per cent higher at 16,482.50, indicating that Dalal Street was headed for a positive start on Wednesday. Markets fell 1 per cent sharply on June 7 after consolidation in the previous two sessions, as traders look cautious ahead of interest rate decisions by the Monetary Policy Committee and Reserve Bank of India remarks. Barring oil and gas and auto, all sectors closed in the red. The BSE Sensex fell 568 points or 1.02 per cent to end at 55,107, while the Nifty 50 fell 153 points or 0.92 per cent to end at 16,416.
rate sensitive stocks
Sensitive stocks including banks, financial services, auto and realty will be looked into on June 8 ahead of the interest rate decision by the Monetary Policy Committee. Experts broadly expect a hike of 40-50 basis points in the repo rate, while the Reserve Bank’s comments India The road will also be closely monitored.
Hindustan Copper
The company resumed mining operations on June 7 at the Surda mine in Ghatshila, Jharkhand. The operations resumed after the Jharkhand government renewed the lease and obtained necessary environmental clearances from the environment ministry.
wockhardt
The pharma company has appointed Deepak Madnani as Chief Financial Officer with immediate effect on June 7. The company has taken this decision after Pramod Gupta informed that he would not be able to continue as Chief Financial Officer due to his health reasons.
zee Entertainment enterprise
Life Insurance Corporation of India on June 6 bought an additional two lakh equity shares in the company through open market transaction. With this, LIC’s stake in the company increased to 5.008 per cent, from 4.988 per cent earlier.
Sharika Enterprises
The company has received a purchase order from Voith Hydro Private Limited. The company will supply 220KV XLPE cable package for the Voith Hydro Naitwar Mori project worth a total of Rs 4.6 crore.
Secrament
Transport Infrastructure Consultancy & Engineering Company signed a Memorandum of Understanding (MoU) with Grand Trains
DU Senegal (GTS-SA), a railroad company from Senegal, specializes in rail transport, supply of rolling stock, development of railway infrastructure, modernization of workshops, IT solutions for railway operations, and technology in the railway sector, including upgradation of signalling, telecommunications for cooperation. , and rail monitoring systems.
Cineline India
The company informed the exchanges that the board of directors has approved issuance of 27 lakh warrants worth Rs 35.10 crore to the promoters through preferential issue. These warrants are convertible into equity shares within 18 months at a price of Rs 130 per share. The company will also monetize the Rs 60 crore property – Eternity Mall in Nagpur.
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