Stocks in focus today: HDFC, Bajaj Finance, HCL Technologies, ICICI Bank

best stock tips

Markets are open lower on Wednesday tracking weaker Asian stocks. The rupee opened lower against the USD. The shares HUL, NTPC and Asian Paints rose, while HDFC Bank, Sun Pharma and Adani Ports fell in the morning hours. Shares of Just Dial gains 5 perpcent after HDFC Mutual Fund a 4.6 percent stake, in the company at Rs. 375.00 per share on Tuesday, as per data with NSE.

Some of the major stocks will be in public attention today:-

HDFC lender today raises Rs 2000 crore by issuing bonds on PP basis to expand its long-term capital.

Bajaj Finance has authorized the QIP of equity shares. It has set a floor price regarding the QIP at Rs 1,771.9 per equity share. Bajaj Finance’s shares hit a day’s high of Rs 1814 before closing down 0.64 percent at Rs 1,787.5 today.

Shares of ICICI Bank will be in focus since ICICI Lombard General Insurance has got Sebi’s go-ahead for its estimated Rs 6,000 crore IPO.

HCL Technologies has said that the company has agreed to buy UK-based ETL Factory, doing business as Datawave, for 7 million pounds, while Dixon Technologies’ pubic offer is scheduled to open today.

18 Aug Top Stock Adviosry Company, Buzzing Stocks, Stocks in news Today

Market Live- Sensex, Nifty are probably to open on a down note on Friday, tracking weak global cues. Sensex was down 0.81% at 31,536.53 and Nifty down 0.67% at 9837.75 till 10.40 am Friday.

Here are a few stocks that are in public attention today:

Infosys: Infosys stock may gain after it announced that it launched a new PlayerZone application and website.

Stocks of Pharma Sector: India govt proposes to permit set prices of only essential drugs. The latest draft proposals recommend amendments to the policy of drug pricing and may remove its absolute power to fix drug prices in the interest of public.

HDFC Life: HDFC to file for its draft Red Herring prospects today. HDFC & Standard Life PLC are to be expected to dilute stake in the ratio of 3:1 via IPO.

Reliance Capital: Reliance Mutual Fund may file draft Red Herring prospects for IPO on Friday. Axis Capital and CLSA are acting as bankers to the IPO.