GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Wednesday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded up by 83 points or 0.39% at 21,271 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 lost 333 points or 1.54% to settle at 21,238.80, while the BSE Sensex declined by 1,053 points or 1.47% to 70,370.55.
Stocks to Watch on January 23, 2024
LIC
The government may go slow on sale of any extra stake in the company and wait for investors who participated in the state-run insurer’s initial public offer to book a decent capital appreciation.
Bharti Airtel
The company has prepaid Rs 8,325 crore to the Department of Telecom for the partial prepayment of the deferred liabilities for spectrum won in the 2015 auction.
REC
Rural Electrification Corporation’s net profit for the quarter grew…