The Indian equity benchmarks Sensex and Nifty are seen opening higher on Tuesday.
Tracking positive cues from Wall Street and the Asian markets, the Indian equity benchmarks—the BSE Sensex and the NSE Nifty50—are poised to open higher on Tuesday. At 7:45 AM, the GIFT Nifty futures were trading higher by 262.5 points, or 1.05%, at 25,240, indicating a strong start for the Sensex and the Nifty50.
Here are the top stocks that will be in focus in today’s trade:
Oil stocks: Shares of oil marketing companies will be in focus as international crude oil prices declined by as much as 8% after U.S. President Donald Trump announced a ceasefire between Israel and Iran.
Dixon Technologies: Sunil Vachani, the promoter of the company, sold a 2.77% stake in the domestic contract manufacturing company via an open market deal on Monday.
Tata Motors: The auto major has revealed the launch prices of its all-electric SUV, the Harrier.ev.
Cochin Shipyard: The state-owned company’s subsidiary, Hooghly Cochin Shipyard Limited (Hooghly CSL), has secured an order valued between ₹100 crore and ₹250 crore from Heritage River Journeys Private Ltd, which operates under the brand Antara River Cruises.
Sona BLW Precision: The automotive technology company has appointed Jeffrey Mark Overly as the new chairperson of its board of directors, and Priya Sachdev Kapur as an additional non-executive director. The board also designated late Sunjay Kapur as ‘Chairman Emeritus’.
Larsen & Toubro: The engineering and construction major has listed India’s first ESG (Environmental, Social and Governance) bonds on the NSE, raising ₹500 crore through non-convertible debentures (NCDs).
HG Infra Engineering: The company has emerged as the lowest bidder for an infrastructure project at the Naval Dockyard in Mumbai.
Devyani International: The quick service restaurant operator, which runs KFC, Pizza Hut, and Costa Coffee, unveiled plans to raise its equity stake in Sky Gate Hospitality Private Limited from 80.72% to around 86.13% by making a fresh investment of up to ₹106.25 crore.
Acme Solar Holdings: The company has obtained refinancing of ₹1,072 crore for its 250 MW operational solar project in Rajasthan.
Bemco Hydraulics: The board of the company will meet on June 30 to consider a stock split and bonus issue.
JSW Energy: The company said that the committee of creditors has approved its settlement proposal for KSK Water Infrastructures.
(DISCLAIMER: The views and opinions expressed by investment experts on fortuneindia.com are either their own or of their organisations, but not necessarily that of fortuneindia.com and its editorial team. Readers are advised to consult certified experts before taking investment decisions.)
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