Overnight Digest: Stocks to watch for on December 14
The Nifty 50 index closed at 17,368.2 on Monday, slipping by 0.82 per cent i.e. 143.05 points. Top gainers of the index include Axis Bank, Tech Mahindra, Maruti Suzuki and Wipro. Whereas Bajaj Finance, Bajaj Finserv, Tata Consumer Products and Reliance Industries are among the top losers.
Keep a watch on these stocks for Tuesday's trading session:
FSN E-commerce Ventures – The company has recently announced the addition of Nykaa SKINRX to its portfolio of consumer brands, thereby strengthening its offering with the launch of four new serums. Every formulation by Nykaa SKIN RX is enhanced with clinically proven ingredients in essential concentrations to furnish consumers with visible results. Addressing some of the most common concerns for Indian skin, the brand taps into proven scientific research to aid overcome skin concerns with dermatologically tested formulations.
Nazara Technologies – A material subsidiary of the company, NODWIN Gaming which is South Asia’s leading esports company, has announced that it has acquired a strategic 10 per cent stake in the digital content IP media network Rusk Media. Rusk Media is India’s exclusive Gen-Z first digital content IP network. Their content is tailor-made for audiences in the 15-25 age group with a focus on equal viewership across genders. NODWIN Gaming’s investment in Rusk Media will enable the massification of entertainment-first gaming and e-sports content in the country.\
Upper Circuit Stocks – Rajdarshan Industries and Indo Thai Securities froze at 10 per cent upper circuit today. CG Power and Industrial Solutions Limited, Borosil Renewables and Tata Teleservices (Maharashtra) hit a 5 per cent upper circuit today.