On Tuesday, the Indian equity benchmarks returned to negative territory as a result of a volatile trading session. The domestic indices were dragged down by automobile, technology and metals. The 30-share BSE Sensex pack fell 40 points or 0.07 per cent to close at 57,614, while the broader NSE Nifty index moved 34 points or 0.20 per cent lower to settle at 16,952. Mid and smallcap shares fell 0.91 per cent, with the Nifty Midcap 100 falling 0.35 per cent and the Nifty Smallcap 100 falling 0.35 per cent.
Here is a look at stocks that are likely to remain in news today.
The company has allocated 2,00, 000 7.725% non-convertible debentures NCDs of Rs 1 lakh each, a total of Rs 2,000 crore, which will be due on April 28, 2028. The debentures are proposed to be listed on the NSE.
Adani Group refuted a report that claimed the conglomerate had not paid all its loans against promoters' shares. Adani has completed full prepayment of margin linked share backed financing aggregating to USD 2.15 billion and all corresponding shares pledged for those facilities has been released hours after its chief financial offer rejected the claim on Twitter.
Jindal Stainless said it has acquired a 49% stake in the Indonesia-based nickel pig iron company.
The East Coast Railway received a Letter of Acceptance LoA for a project worth Rs 587.59 crore.
RPP Infra Projects received a letter of acceptance for a new project worth Rs 148.08 crore. The project is expected to be completed by October 31, 2024.
DB Corp has appointed Lalit Jain as Chief Financial Officer with effect from April 1 in the place of Pradyumna Mishra, who will retire as Group CFO of the company.
Vedanta has declared a fifth interim dividend of Rs 20.50 per equity share for the current financial year 2022 -- 23. The dividend will amount to 7,621 crore.
Zydus Lifesciences received final approval for Loperamide Hydrochloride Capsules from the United States Food and Drug Administration USFDA Loperamide hydrochloride capsule. It is indicated for the control and symptomatic relief of acute nonspecific diarrhea and chronic diarrhea associated with inflammatory bowel disease.
The Board of Britannia will hold a meeting on April 4 to discuss the payment of interim dividends for the financial year 2022 -- 23.
On a private placement basis, the DCB Bank has allotted 9.35% basel III compliant tier-II bonds of face value of Rs 1 crore each.