Top 10 Stocks To Buy For Today (29-05-24): Tata Steel, Infosys, Hindalco, IRCTC, Adani Energy Solutions, Wipro, UltraTech Cement, Asian Paints
On 28th May, 30-share BSE Sensex ended 220.05 points or 0.29 per cent lower at 75,170.45. During the day, it hit a high of 75,585.40 and a low of 75,083.22.
The NSE Nifty dropped 44.30 points or 0.19 per cent to settle at 22,888.15 despite beginning the day on a positive note.
Stocks to be in focus today, according to Experts and Zee Business
Q4 Results: More than 550 companies will report their Q4 results today, including Tata Steel, Cummins India, Emami, GMR Airports Infrastructure, Alkem Labs, Samvardhana Motherson International, GR Infraprojects, Deepak Fertilisers & Petrochemicals
Tata Steel Stock: Company likely to register a consolidated net profit of Rs 1,354 crore for the March quarter, a year-on-year fall of 20 per cent, according to Zee Business research.
J Kumar Stock: Company has registered a 35 per cent year-on-year increase in its consolidated net profit to Rs 99.7 crore for the January-March period on the back of higher income.
Novelis Stock: Novelis Inc to launch an IPO to raise up to $945 million, with an estimated equity valuation of up to $12.6 billion, according to news agency PTI.
Brigade Enterprises Stock: Company registered a rise in consolidated net profit to Rs 206.1 crore for the March quarter.
Infosys Stock: Company collaborated with Commerzbank, a German lender, and Murex, which is into trading, risk management and processing solutions for capital markets.
IRCTC Stock: Reported profit at Rs 284.2 crore, up 1.9% against Rs 278.8 crore. Revenue at Rs 1,154.8 crore vs Rs 965 crore, a 19.7% jump
UltraTech Cement Stock: Company has given an offer to acquire a 31.6% stake in UAE-based RAK Cement Co for White Cement and Construction Materials PSC.
Asian Paints Stock: Subsidiary Asian Paints International Pvt Ltd has signed a share purchase agreement with certain minority shareholders of SCIB Chemicals S.A.E., Egypt, its joint subsidiary with SCIB.
Adani Energy Solutions Stock: Board has approved raising of funds up to Rs 12,500 crore through Qualified Institutional Placement or any other permissible modes.
Wipro Stock: Partner with the Centre for Brain Research, hosted at the Indian Institute of Science (IISC) to focus on harnessing the power of artificial intelligence, machine learning and big data analytics.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice.)
