Overnight Digest: Stocks to keep an eye on March 24!
Watch out for these large-cap stocks in Friday’s trading session!
The Indian headline indices finished the session lower, dragged down by significant losses in the real estate, banking and information technology sectors, while BSE Power and BSE Utilities attempted to boost the market with notable gains. The BSE Sensex fell 0.50 per cent to 57,925 level at the close. The Nifty 50 index declined 0.44 per cent to a level of 17,076.
Watch out for these Large-Cap stocks in Friday’s trading session -
Vedanta Ltd - Being the worst performer in the BSE Metals group, shares of the metals and mining company plunged roughly 5 per cent. Over the last year, shares have dropped by more than 34 per cent. Losses in metal sector today were offset by robust gains in APL Apollo Tubes Ltd.
Maruti Suzuki - The company stated that it is still experiencing higher cost pressure as a result of overall inflation & regulatory requirements. The press release added that while the company makes every effort to cut costs and partially offset the increase, it has become necessary to pass on some of the impact through a price increase, which will vary depending on model. Shares ended the session more than 1 per cent higher.
Bharti Airtel - Shares of the company surged over 1 per cent, making it one of the Top Gainers on the BSE Sensex and supporting gains in the sectoral index BSE Telecommunication. Recently, the company announced the launch of its cutting-edge 5G services in Kolkata.