CNBC-TV18's top stocks to watch out for on December 22

SUMMARY

The Indian market is likely to open higher on Tuesday as the SGX Nifty, an early indicator of the opening for the Indian market, was trading 150.50 points or 1.13 percent higher at 13,413.50 at 7:00 am, hinting at a positive start for the Sensex and Nifty50.

By CNBC-TV18Dec 22, 2020 7:14:44 AM IST (Published)

SpiceJet, InterGlobe Aviation | The aviation stocks will be in focus after India suspended UK flights till December 31.

Hotel stocks | Indian Hotel, EIH, Kamat Hotels among other hotel stocks will be in focus after the Maharashtra government announced night curfew from 11 pm to 6 am in municipal corporation areas from December 22 to January 5.

Tata Motors | The automobile major will increase prices of commercial vehicles starting January, due to a rise in input cost, forex impact.

Lupin | The pharma major has received US FDA nod for generic of Banzel oral suspension.

Pfizer | The European Medicines Agency has authorized Pfizer, BioNTech’s COVID vaccine in the EU.

NIIT Ltd | The company’s board will consider share buyback on December 24.

Asian Paints | Promoter entity Smiti Holding and Trading Company has released a pledge on 9 lakh shares.

Thermax | First Energy has become a wholly-owned subsidiary of Thermax.

GTPL Hathway | The company has increased its shareholding in subsidiary GTPL Abhilash Communication.

Birlasoft | Acacia Partners sold 67.1 lakh shares of the company. Invesco MF and Birla Sun Life MF bought 20 lakh shares each.

Wendt (India) | The company’s promoters will sell up to 4.74 percent stake via OFS during December 22-23 at a floor price set at Rs 2,200 per share.

Cyient | The Chinese authorities have approved the deregistration of the company’s wholly-owned arm.

Engineers India | The company has set the record date set as January 1 for a share buyback. The company will buy back almost 7 crore shares aggregating to Rs 587 crore.