financetom
Market
financetom
/
Market
/
Stocks to watch out for on June 29: ICICI Bank, Fortis Healthcare, Punjab National Bank
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Stocks to watch out for on June 29: ICICI Bank, Fortis Healthcare, Punjab National Bank
Jun 28, 2018 10:47 PM

The Indian market closed in the red on Thursday with the BSE Sensex at 35,037.64 points, declining by 0.51 percent, while the NSE Nifty 50 shed over 82 points to end the day at 10,589.10 points, lower by 0.77 percent.

Share Market Live

NSE

On the NSE, 14 scrips advanced as against 36 declines, while all sectoral indices ended in the negative zone except Nifty Metal. Nifty IT, Media, Pharma, PSU Bank, Realty declined between 1-2.21 percent.

Here are the top stocks to watch out for today

IT companies: The rupee hit its all-time low on Thursday, at 69 per dollar. The weak rupee had helped the IT companies gain in trade.

Vedanta: Vedanta's subsidiary Sterlite, China's State Grid, and Colombia's Isa clinched licenses to build power transmission lines in Brazil in a government auction on Thursday that is expected to draw a total of 6 billion reais ($1.55 billion) in investment.

Jet Airways: Jet Airways India Ltd, the country's leading full service carrier, said its new Boeing 737 MAX 8 aircraft will help the airline enhance operational reliability and reduce costs.

State Bank of India: SBI chairman Rajnish Kumar on Thursday flagged the rising protectionist policies of the United States and the sanctions on Iran as key risks to global growth in a speech to the bank's shareholders.

NBCC: After state-owned construction firm, NBCC sold office space measuring close to 28,800 square feet for an approximate value of Rs 83 crore, Anoop Kumar Mittal, chief managing director, said the company sold only one floor to the Balmer Lawrie.

Biocon: India's biotech queen Kiran Mazumdar-Shaw got elected as a full-term member of the MIT Corporation, the Board of Trustees of the Massachusetts Institute of Technology (MIT), her company Biocon announced on Thursday.

Fortis Healthcare: The date for submission of the binding bids have been revised to Tuesday, July 3.

Syndicate Bank: The bank will raise up to Rs 7,840 crore by issuing equity shares through various modes including preferential issue to the government.

ICICI Bank: ICICI Bank said on Thursday it has appointed Walker Chandiok & Co as statutory auditors of the bank as the term of the previous auditor expired. B S R & Co LLP, Chartered Accountants, the statutory auditors of the bank for the past four consecutive years will retire at the conclusion of the 24th Annual General Meeting on completion of the maximum period of four consecutive years as per prevailing RBI guidelines, ICICI Bank said in a regulatory filing to stock exchanges.

Kalpataru Power Transmission Limited: The power firm said it has secured new orders worth Rs 1,235 crore. These include an order for railway infrastructure construction from Bangladesh Railways.

Punjab National Bank: State-owned Punjab National Bank (PNB) sold 3.33 percent stake in rating agency Icra for nearly Rs 109 crore, through open market transactions on Thursday.

Torrent Pharma: The pharma company received the US FDA approval for a cholesterol drug namely fenofibrate capsule.

Titan: Market veteran Rakesh Jhunjhunwala sold 1.25 crore shares in the company between May 22 and June 28.

First Published:Jun 29, 2018 7:47 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Globus Maritime, Firefly Aerospace And 3 Stocks To Watch Heading Into Monday
Globus Maritime, Firefly Aerospace And 3 Stocks To Watch Heading Into Monday
Sep 22, 2025
With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Firefly Aerospace Inc. ( FLY ) to report a quarterly loss of 46 cents per share on revenue of $17.25 million before the opening bell, according to data from Benzinga Pro. Firefly Aerospace (...
Dow Hits Record High As Fed Cuts Rates: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone
Dow Hits Record High As Fed Cuts Rates: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone
Sep 22, 2025
The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the “Greed” zone on Friday. U.S. stocks settled higher on Friday, with the Dow Jones index gaining more than 150 points during the session, also hitting a fresh record high. The Federal Reserve, last week, cut rates by 25 basis...
Indian IT stocks slide on US visa crackdown
Indian IT stocks slide on US visa crackdown
Sep 22, 2025
By Kashish Tandon and Abinaya V (Reuters) -Indian information technology majors saw their shares slump on Monday after U.S. President Donald Trump imposed a $100,000 fee on new H-1B visa applications, threatening to inflate costs and slow revenue growth in their biggest market. The sector, which earns about 57% of its revenue from the U.S., has long gained from U.S....
EMERGING MARKETS-EM stocks kick off the week higher, Indian stocks strained by US visa row
EMERGING MARKETS-EM stocks kick off the week higher, Indian stocks strained by US visa row
Sep 22, 2025
* EM stocks up 0.24% on day, FX flat * Indian IT stocks fall on US visa concerns * Rate decision in Hungary, Czech Republic later this week * Indonesian rupiah hits five-month low By Nikhil Sharma (Reuters) - Emerging market stocks edged higher on Monday and currencies flattened ahead of the week's crucial central bank meetings, while Indian IT...
Copyright 2023-2026 - www.financetom.com All Rights Reserved