Stocks To Watch: Axis Bank, IDBI Bank, TCS, Tata Motors, Veranda Learning
Here are the stocks to watch going into trade today..
Global stocks wavered on Monday, amid worries about inflation and monetary tightening by central banks across the world.
Equities fell in Japan and fluctuated in South Korea and Australia. U.S. futures declined as pressure continues after the Federal Reserve signaled sharp interest-rate hikes and balance-sheet reduction to tackle price pressures. The Singapore-traded SGX Nifty, an early barometer of India's benchmark Nifty 50, fell 0.32% to 17,837 points as of 7:20 am.
Emmanuel Macron’s lead in the first round of the French presidential vote aided the euro. Crude oil retreated while Bitcoin fell to about $42,100.
Here are the stocks to watch in today's trade:
Wipro: The company appointed Anis Chenchah as CEO, Asia Pacific, India, Middle East and Africa region, after NS Bala decided to move back to the U.S. for personal reasons.
Tata Motors: Jaguar Land Rover’s retail sales in the January-March quarter continued to be hit by the global chip shortage, but the situation is improving.
IDBI Bank: The Reserve Bank of India imposed monetary penalty of Rs 90 lakh for non-compliance with guidelines on fraud classification and reporting, strengthening the controls of payment ecosystem and cyber security framework.
Axis Bank: The RBI imposed penalty of Rs 93 lakh for non-compliance with guidelines on loans and advances, know-your-customer rules and levy of penal charges on non-maintenance of minimum balance in savings accounts.
Earnings To Watch
Tata Consultancy Services
Delta Corp.
Kesoram Industries
Listings Today
Veranda Learning Solutions
Pledged Shares Details
Mangalore Chemicals & Fertilisers: Promoter Zuari Agro Chemicals revoked a pledge of 25 lakh shares on April 7.
Insider Trades
Best Agrolife: Promoter Geeta Garg sold 2500 shares on April 5.
KCP: Promoter Group S Nalini sold 276 shares between March 17 and March 21 and bought 2,820 shares between March 22 and April 5.
Bulk Deals
Bandhan Bank: HDFC Ltd. sold 4.96 crore shares (3.08% stake) at Rs 306.61 apiece. Societe Generale bought 1.90 crore shares (1.18% stake) at Rs 306.55 apiece.
Care Ratings: Phaeacian Accent International Value Fund sold 3.73 lakh shares (1.26% stake) at Rs 540.21 apiece. Multi Fund 10 Umbrella Icav Kinsale Navigator Fund sold 2.99 lakh shares (1.01% stake) at Rs 540.21 apiece.
Trading Tweaks
Price Band Revised From 20% To 10%: IOL Chemicals, Ashapura Minechem
Record Date Interim Dividend: Angel One
Ex-Date Face Value Split: PBCL
Move Into Short-Term ASM Framework: Neuland Laboratories, Suryoday Small Finance Bank, Shree Renuka Sugars, DCB Bank, GMR Power and Urban Infra, Yes Bank, Marksans Pharma, Ramco Systems, IOL Chemicals and Pharmaceuticals, Morepen Laboratories, Suzlon Energy, BLS International Services
Move Out Of Short-Term ASM Framework: Avadh Sugar & Energy