Equity benchmarks as well as broader markets held early gains, with the Sensex rising more than 100 points, supported by index heavyweights Reliance Industries, Infosys and HDFC Group stocks. The 30-share BSE Sensex was up 125.81 points at 31,409.45 and the 50-share NSE Nifty rose 32.65 points to 9,666.25. The BSE Midcap and Smallcap indices gained around half a percent as about two shares advanced for every share falling on the BSE.
Stocks To Buy Today : 22nd June Thursday
By keeping an eye on every movement of shares, your investment can be safely done. Here we are telling such stocks which will remain in the news today and on which the market will look.
Federal bank – Today the QIP of Federal Bank will open and its floor price is fixed at Rs. 117.04. The Federal Bank is planning to raise $ 31 million via QIP.
IDFC – RBI has lifted the ban on foreign investment in IDFC. IDFC exceeds 48 per cent foreign investment limit.
Jaiprakash Associates – Creditors have relieved Jaiprakash Associates from insolvency proceedings. Creditors have got approval to repay the loan by selling the land. A plan to return 13,000 crore rupees to the bank by selling the land of Jaiprakash Associates.
MCX – SEBI has allowed the AIF, which is allowed to invest in commodity futures, the Alternative Investment Fund. SEBI was considering this issue with the government for a long time. Sebi’s decision has opened the way for institutional investors in commodity trading.
HUL / ITC / Marico / Hero Moto / TVS Motor / Bajaj Auto – Estimated rainfall less than average during June-August. Japan’s weather agency has feared weak monsoon. According to Marine-Earth Science, there is a possibility of weak monsoon in many countries including India.