Market Prediction for 25th November 2024: GIFT Nifty has indicated a strong start for Indian equity indices BSE Sensex and NSE NIFTY50 on Monday. GIFT Nifty was trading 250 points or 1.04% higher at 24,292.50 at 6:43 am. Earlier, on the last trading day, Friday (November 23), the market witnessed a big rise and the market closed with gains. At the close, the BSE Sensex was up 1961.32 points or 2.54% at 79,117.11 while the Nifty was up 524.50 points or 2.25% at 23,874.40.
Today (Monday, 25 November), Power Finance Corporation, Balrampur Sugar Mills, EPL, and Altius Telecom Infrastructure Trust shares are likely to be on the radar of investors regarding dividends and many other stocks due to different news and corporate action. At the same time, ACME Solar Holdings, Niva Bupa Health Insurance Company, Sagility India, and Jainex Amcoal will announce the results of the September quarter. In such a situation, let us know which sectors' shares can see movement today and which stocks are likely to be watched by the market...
Stocks In Focus Today 25 November, 2024 Monday
RVNL
The joint venture company with SCPL received a letter of sanction for Rs. 838 crore from Eastern Railway.
Aurobindo Pharma
The company's US subsidiary, Aurobindo Pharma USA Inc., has entered into a collaboration and licensing agreement with a global pharma major for the development and commercialization of niche products in the respiratory therapy sector.
Zomato
The food delivery giant has received approval from its shareholders to raise up to Rs 8,500 crore through a qualified institutions placement (QIP). Meanwhile, Zomato will replace JSW Steel on the BSE Sensex, effective December 23.
Escorts Kubota
The company's subsidiary, Escorts Kubota Finance, intends to commence its business activities as a non-banking financial institution, without accepting public deposits, from November 26.
HG Infra Engineering
The company has received a letter of award from NTPC Vidyut Vyapar Nigam for setting up a 500 MW/1000 MWh standalone battery energy storage system in India, including viability gap funding assistance. The tariff rate has been fixed at Rs 2,38,000 per MW per month.
CESC
The company's subsidiary Eminent Electricity Distribution has received a 'letter of intent' to acquire a 100% stake in a power distribution company having a distribution license in Chandigarh for Rs 871 crore.
BSE
SEBI has approved the appointment of Subhashish Chaudhuri as Chairman of the Governing Board, effective November 21.
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