Market Commentary     03-Jun-24
Stock Alert
Stock alert: auto firms, Angel One, Adani Ports, NTPC, Aurobindo Pharma
Shares of auto companies will be in focus after May sales data announcement.

Canara Bank is to dilute a 14.5% stake in the arm of Canara HSBC Life through an IPO.

Bank of India is to raise MCLR by 5 bps across most tenures, effective June 1st.

Angel One's arm incorporated a wholly owned subsidiary for the distribution of financial products and services.

PNC Infratech arm gets a one-time settlement amount worth Rs 391 crore from NHAl.

Adani Ports and Special Economic Zone's arm has signed a 30-year concession pact with the Tanzania Ports Authority for container terminals.

Wipro has expanded its retail media offering by partnering with Cisco and AT&T.

NTPC commissioned the second and last part capacity of 33 MW out of the 90 MW Anta Solar PV Project in Rajasthan. The company’s total capacity on a standalone and group basis now stands at 59,168 MW and 76,048 MW, respectively.

Aurobindo Pharma's arm executed a master service pact with Merck Sharpe and will invest Rs 1,000 crore for the manufacturing facility.

REC approved raising up to Rs 1.45 lakh crore through bonds and appointed Harsh Baweja as CFO.

Inox Wind's board of the company has approved raising Rs 1,000 crore in one or more tranches through preference shares. The fundraising is subject to all requisite approvals, including those of the shareholders.

Previous News
  Nifty hovers near 24,150 mark; financial services shares advance
 ( Market Commentary - Mid-Session 01-Jul-24   14:37 )
  REC records strong operational performance for Q1 FY25
 ( Corporate News - 01-Jul-24   14:23 )
  REC jumps after loan sanctions rises 24% YoY in Q1 FY25
 ( Hot Pursuit - 01-Jul-24   13:06 )
  REC Ltd rises for third straight session
 ( Hot Pursuit - 01-Jul-24   13:05 )
  Board of REC approves incorporation of project specific SPVs
 ( Corporate News - 29-Jun-24   11:48 )
  REC fixes record date for final dividend
 ( Market Beat - Reports 18-Jun-24   17:14 )
  REC Ltd up for third straight session
 ( Hot Pursuit - 14-Jun-24   13:05 )
  Bank of India soars 1.36%, up for third straight session
 ( Hot Pursuit - 14-Jun-24   13:05 )
  REC Ltd gains for fifth session
 ( Hot Pursuit - 11-Jun-24   13:00 )
  Canara Bank soars 0.97%, gains for fifth straight session
 ( Hot Pursuit - 11-Jun-24   13:00 )
  Bank of India spurts 0.01%, gains for fifth straight session
 ( Hot Pursuit - 11-Jun-24   13:00 )
Other Stories
  Stock alert: Auto firms, BEL, Titan, Dr Reddy’s Lab, Gail (India), Cantanbil Retail, Navin Fluorine Intl, Godrej Prop,
  01-Jul-24   08:31
  Stock alert: MTAR Tech, RIL, Stanley Lifestyle, Vedanta, SBI
  28-Jun-24   08:38
  Stock alert: KNR Construction, Patanjali Foods, Salasar Techno Engg, PI Inds, Tata Comm
  27-Jun-24   08:41
  Stock alert: Sanghi Industries, Mazagon Dock, Sterling and Wilson Renewable, Borosil
  26-Jun-24   08:31
  Stock alert: Star Cement, Advanced Enzyme, Satin Creditcare, RBL Bank, Sun Pharma
  25-Jun-24   08:46
  Stock alert: Gland Pharma, Gujarat Fluorochem, Ujjivan SFB, Prestige Estates, IREDA
  24-Jun-24   08:41
  Stock alert: Paisalo Digital, Greenply Industries, Heubach Colorants, GIC Housing
  21-Jun-24   08:33
  Stock alert: Indus Towers, Gland Pharma, Advanced Enzyme, DMart, Sapphire Foods
  20-Jun-24   08:50
  Stock alert: Protean eGov Tech, Indus Tower, Zee Entertainment, Tata Technologies
  19-Jun-24   08:37
  Stock alert: Ixigo, Westlife Foodworld, Bharti Airtel, Som Distilleries, Paytm
  18-Jun-24   08:44
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