On Friday, the benchmark equity indexes fell. The market sentiments were dragged down by the absence of supportive global cues, which dragged the headline peers lower in the last hour of the session. Sensex plunged 398.18 points, or 0.69 per cent, to 57,527, down 398.18 points, or 0.69 per cent. Nifty 50 declined by about 132 points, or 0.77 per cent, to 16,945. Broader markets underperformed the headline peers as the BSE midcap and smallcap indices dropped more than a per cent, each. India VIX's fear gauge went up over 5 per cent to the 15.24 mark.
Here is a look at stocks that are likely to remain in news today.
The Paytm Payments Services Ltd PPSL subsidiary received an extension from the Reserve Bank of India to submit its application for a PA license.
Under satisfactory completion of the conditions, Tll and Premji Lnvest will buy 67% and 33% of the equity share capital of Lotus Surgicals.
S&P Global Ratings has reaffirmed the credit rating for Axis Bank as 'BBB Stable A-3' The bank has signed an agreement with SBI Life Insurance Company as an additional bancassurance partner in the life insurance category.
The company raised 341 crore through NCDs at a coupon rate of 9%.
Bharti Airtel has launched its Ultra-fast 5 G Plus, which is now available in 500 cities in the country.
The board of directors of the bank has appointed Yogesh Dixit as Chief Risk Officer for a further period of three years, effective April 1, 2023.
Tata Steel bought 4.65 lakh equity shares of Rs 10 each at a premium of Rs 205 share of Tata Steel Utilities and Infrastructure Services, a wholly owned subsidiary of the company, on a rights basis, for Rs 10 crore.
The UK Medicines and Healthcare Products Regulatory Agency has completed an inspection carried out at its Pithampur facilities in India. The US FDA has completed a Post-marketing Adverse Drug Experience PADE inspection of the company's operations. The inspection was closed with no observations.
The board of directors of Kajaria Ceramics considered and cleared investment by the company in the revised project cost of 90.74 crores i.e. 50% of the total is Rs. The working capital was up to Rs. 181.49 crores. 21.23 crores i.e. 50% of the total is Rs. A joint venture company in Kajaria Ramesh Tiles, Nepal has revised its annual production capacity of 5.1 MSM tiles, and has revised its annual production capacity of 42.45 crores.