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Top stocks to watch out for on August 21: Bank of Baroda, Jet Airways, telecom stocks in focus today
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Top stocks to watch out for on August 21: Bank of Baroda, Jet Airways, telecom stocks in focus today
Aug 20, 2018 11:07 PM

Indian equity indices ended at record high levels on Monday. The Sensex settled 330 points higher to close at 38,279, while the Nifty 50 ended at above 11,550, closing at 11,552. The rally was broadly led by capital goods, industrials, banks, realty and pharma sector, while IT shares were largely weak.

Share Market Live

NSE

These are the stocks making the biggest moves premarket:

Indian Hume Pipe: The company has bagged order worth Rs 256.2 crore in Tamil Nadu.

Reliance Industries: Reliance Jio continued to steal a march over older carriers by sustaining its strong customer expansion momentum, adding over 9.71 million users in June, taking its subscriber base well past 215 million.

Idea Cellular: Among old telecom service providers, Idea which is merging with Vodafone India to create the country’s largest telco, notched up the strongest customer gains, adding over 6.36 million subscribers.

Bharti Airtel: Market leader Bharti Airtel added a paltry 10,689 customers in June but retained its position as India’s biggest telco with 344.56 million subscribers.

Zee Entertainment: The Essel Group firm has announced content alliance with Bharti Airtel.

Vedanta: The NGT disallows Vedanta to carry out maintenance work at Sterlite Plant in Tuticorin; allows access for administrative work. Tribunal directs the Environment Ministry and Central Pollution Control Board to carry out maintenance work.

Jet Airways: Union MoS for the Ministry of Corporate Affairs PP Cchaudhary told CNBC-TV18 that the Registrar of Companies (RoC) has initiated a preliminary inquiry against Jet Airways based on media reports.

Bank of Baroda: PS Jayakumar is likely to get an extension as MD & CEO of Bank of Baroda, according to CNBC-TV18. Jayakumar’s term was to end in October 2018.

Apollo Tyres: Production operations of the company's plants located at Perambra and Kalamassery, Kerala, have been disrupted due to floods. The production loss due to this natural calamity is 1500 MT (approximately) till Monday.

Piramal Enterprises, pharma stocks: Ajay Piramal, the chairman of the Piramal Group says he is looking for a pharma company with reasonable valuation and long-term growth potential.

First Published:Aug 21, 2018 8:07 AM IST

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