CNBC-TV18's top stocks to watch out for on December 29

SUMMARY

The Indian market is likely to open higher on Tuesday following strong global cues. At 7:10 am, the SGX Nifty was trading 41.50 points or 0.30 percent higher at 13,929.50, indicating a positive start for the Sensex and Nifty50.

By CNBC-TV18Dec 29, 2020 7:32:23 AM IST (Published)

Wipro | The Rs 9,500-crore share buyback of the company begins today and closes on January 11.

ICICI Bank | Life Insurance Corporation (LIC) sold 13.8 crore shares, representing a 2.002 percent stake in the bank through open market transactions over a period of November 27 to December 24, 2020. Following the stake sale, LIC’s holding in the bank has reduced to 6.74 percent from 8.74 percent earlier, it said.

Biocon | The company has expanded its generic formulations portfolio with the launch of Tacrolimus capsules in the US.

TVS Motor Company | The company has introduced the 2021 TVS Apache RTR 160 4V with Bluetooth enabled TVS SmartXonnect in Bangladesh.

Titan Company | The company’s board has approved to provide corporate guarantees aggregating to Rs 906 crore to various banks on behalf of Titan Commodity Trading Limited, a wholly-owned subsidiary of the company.

AU Small Finance Bank | The bank has partnered with ICICI Prudential Life Insurance to offer customised, need and goal-based Life Insurance solution.

Tube Investment of India | The company has completed a one-time settlement and restructuring of funded and guaranteed debt to CG Power as per the terms agreed upon.

SBI Life Insurance Company | The company has approved the appointment of Shobinder Duggal as an additional director.

3i Infotech | The company has approved slump sale of the global software products business on a going concern basis to Azentio Software for up to Rs 1,141 crore.

Great Eastern Shipping | The company has delivered its 2000 built Suezmax Crude Carrier “Jag Lateef” to the buyers.

Punjab National Bank | The state-run lender has completed IT integration of all branches of erstwhile United Bank of India with itself.