HomeBusinessTelecom, Auto Stocks Today, Wipro

Telecom, Auto Stocks Today, Wipro

Stocks To Watch Today: Telecom, Auto Stocks, Wipro

The home inventory markets are prone to open on a cautious notice at present

The home inventory markets are prone to open on a cautious notice, going by early indications from SGX Nifty futures buying and selling. The S&P 500 and Dow Jones indexes rose on Wednesday on mildly constructive manufacturing facility information and better oil costs, though issues over a slowing financial restoration and better company taxes saved sentiment subdued. Trends on SGX Nifty point out a cautious opening for the Nifty, with a 12-points achieve. At 8:00 am, the Nifty futures had been buying and selling at 17,546, greater by 12 factors, on the Singapore Stock Exchange.

On Wednesday, the BSE Sensex rose 476.11 factors to 58,723.20 and the Nifty climbed 139.50 factors to 17,519.50.

Stocks to observe in commerce in at present’s session:
 

Telecom shares

The authorities introduced the telecom aid bundle on Wednesday, providing a four-year moratorium on AGR and spectrum dues and 100 per cent FDI in telecom by the automated route.
 

Auto shares

The authorities, on Wednesday, introduced a production-linked incentive scheme price Rs 26,000 crore for auto and auto part makers.
 

Wipro

Wipro has bagged a multi-year IT managed providers contract from the Kuala Lumpur-based Maxis Broadband.

Adani Transmission

Adani Transmission has obtained the letter of intent (LoI) for the acquisition of MP Power Transmission Package-II, included by REC Power Development and Consultancy, the Adani Group firm stated.

Hindustan Copper

The authorities will promote upto 10 per cent stake in Hindustan Copper by a proposal on the market possibility within the inventory exchanges, which may fetch round Rs 1,121 crore.

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