As we approach Diwali, domestic brokerage firm Nirmal Bang Institutional Equities picked 10 stocks for the Samvat 2082, spread across various sectors.
Select stocks including Hindustan Aeronautics, Bharat Forge, Gillette India, Carborundum Universal, Suprajit Engineering, Honda Power, Amrutanjan, KSE and Saven Technologies shall trade ex-dividend today.
Gillette India Q1 earnings: The razors and shaving creams maker reported a 43.5% rise in profit at Rs 133.01 crore in Q1 against Rs 92.69 crore in the corresponding quarter of the previous fiscal.
The Mumbai-based company witnessed its PAT rise to Rs 116 crore during the quarter, up from Rs 97 crore in the corresponding quarter previous year. GIL follows a July-June financial year.
FIIs offloaded shares worth Rs 7,693 crore during the April-June quarter, while DIIs bought shares worth Rs 1,28,740 crore during the same period
Sensex zoomed 847 points to end the session at 72,568 and Nifty added 247 points to settle at 21,894.
On the stock-specific front, ONGC, Senco Gold, Coal India, Gillette, Gujarat Pipavav, Karnataka Bank and some other counters will be in focus today.
IREDA IPO to open for subscription, ONGC, Coal India among ex-dividend stocks in Top News on November 21: Stock market, Nifty outlook, Q2 Results, e-Sprinto to unveil Rapo, Roamy E-scooters in focus.
Stocks that share market analysts recommended: Stock brokerages have come out with research reports on select stocks namely Ethos, CSB Bank, Gillette India, Sona BLW. Watch this Visual Story to see what brokerages said about these counters.
According to Nuvama Institutional Equities, there are chances that stocks such as Jindal Steel and Power (JSPL), IDBI Bank, Punjab National Bank, Canara Bank, TVS Motor, Tube Investment, Zydus Lifesciences and newly-listed firm Mankind Pharma may enter into the largecap category.
Stocks to watch out for today: Deepak Nitrite, Asian Paints, Tata Motors, DLF, Vedanta, Eicher Motors, Zensar Technologies, Gillette India and more
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