Important stocks to watch out for in Friday’s trading session
The Indian indices may open lower on Friday, tracking weak global cues on the back of mounting geopolitical risks. The SGX Nifty, which was trading at 10,065, suggests that the Nifty may open gap-down by 59 points.
BSE Sensex closed higher at 32,241 level gaining 55 points or 0.17% and Nifty closed higher by 0.07% or 7 points at 10,086 level in Thursday’s trading session.
Following are the important stocks to watch out for on Friday:
Vedanta: The company is looking to buy up to 200 megawatt power as some units have shut temporarily.
IDBI Bank: The bank has sold 1.25 million equity shares of Clearing Corp Of India shares on September 13.
ICICI Bank: ICICI Lombard raised Rs 1,625 crore by allotting 2.45 crore shares to 64 anchor investors at the upper end of the IPO price band of Rs 651-Rs 661 per share, on Thursday.
Hinduja Ventures: The company has acquired 7.94 lakh shares of Hinduja Leyland Finance Ltd. for Rs 7.94 crore as part of the rights issue.
Nesco: The stock is going to turn ex-stock split on Friday. The company had announced stock split from face value of Rs 10 to Rs 2 per share.
InterGlobe Aviation: Qualified Institutional Placement (QIP) is going to open in the price range of Rs 1,125 to Rs 1,175 each.
Maruti Suzuki: The government’s push to electric vehicles received a boost on Thursday with Maruti’s Japanese parent Suzuki Motor deciding to make electric cars at its factory in Gujarat for India and the world. It will also be the first commercially-available electric car for Suzuki.