Stock Market Updates: Shopping in the market, Sensex 200 points strong, today’s top 5 shares on which investors will be eyeing
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The Sensex was trading at 63,171, up nearly 200 points, while the Nifty index gained 59.40 points to trade above the level of 18,750.
Despite a mixed trend in the global markets, Indian stock markets opened on a positive note. Sensex rallied over 200 points in early trade. The Sensex was trading at 63,171, up nearly 200 points, while the Nifty index gained 59.40 points to trade above the level of 18,750. The shares of HDFCLIFE, APOLLOHOSP, BAJAJ-AUTO, M&M are in green color i.e. in growth, while the shares of CIPLA, INDUSINDBK, TITAN, UPL, SUNPHARMA are seen in red color i.e. weak. In today’s business, there is an all-round boom in the market. Most of the indices including Bank, Financial, Auto, IT, Metal, Pharma are trading in green mark on Nifty. Today i.e. 27 June 2023, some stocks are ready to show action in a volatile market. These stocks can remain in focus in the market today. If you are looking for better stocks in intraday then you can keep an eye on these.
HUL
Hindustan Unilever (HUL) Chairman Nitin Paranjpe said the decision to increase the royalty paid to parent company Unilever to 3.45 per cent has been taken after detailed discussion and due diligence. At the beginning of the year, HUL had decided to increase the royalty paid to parent company Unilever Plc from 2.65 per cent to 3.45 per cent of turnover. This decision will be implemented phase wise in 3 years.
JSW Steel
After the scheme of amalgamation was approved by the NCLT, JSW Vallabh Tinplate, Vardhman Industries and JSW Steel Coated Products filed the said order with the Registrar of Companies. The scheme has become effective from 26 June. Accordingly, JSW Vallabh Tinplate and Vardhman Industries have been merged with JSW Steel Coated Products, a subsidiary of JSW Steel, and ceased to exist with effect from date.
tech mahindra
Tech Mahindra’s step-down subsidiary LCC France SARL along with its wholly owned subsidiary EURL LCCUK Algeria has approved the proposal to sell its 49 per cent stake in SARL Djazatech. The stake sale transaction is expected to be completed by July 10, 2023
bharti airtel
Telecom major Bharti Airtel has announced a change in its leadership team in the Airtel business. Ajay Chitkara has resigned from the post of CEO and will remain with the company till the third week of August. As a result, the Airtel business will operate as three business and channel segments. Global business will be headed by Vani Venkatesh, domestic business will be headed by Ganesh Lakshminarayanan and Nextra Data Center will be headed by Ashish Arora.
TCS
Tata Consultancy Services (TCS) Ltd has appointed a new head to oversee the hiring of temporary workers amid an internal probe into the jobs-for-bribery scandal. According to the report, the company has appointed Shivakumar Vishwanathan, with an experience of nearly 30 years, as the new head of the Resource Management Group.
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