New Delhi: The Sensex on Thursday closed 1,436.30 points higher at 79,943.71, while the Nifty was up 445.75 points to 24,188.65. On the 30-share Sensex, Bajaj Finserv, Bajaj Finance and Maruti were the top gainers, while Sun Pharma was the top drag. Investors seemed optimistic about the upcoming earnings season, said Vinod Nair, Head of Research at Geojit Financial Services.
Among Nifty sectoral indices, auto, banking and IT were the top gainers. Foreign Institutional Investors (FIIs) sold stocks worth Rs 1,782.71 crore on Wednesday, according to exchange data. Indian investors became richer by Rs 8.52 lakh crore in 2 days. Here are stocks that are likely to remain in focus on Friday, January 3, 2025:
Avenue Supermarts: The DMart holding company reported a 17.5 per cent rise in Q3 revenues to Rs 15,565.23 crore from Rs 13,247.33 crore in the year-ago period.
EV makers: Stocks of EV makers will be in focus amid reports that Commerce Minister Piyush Goyal is set to meet EV makers on January 3, 2025, to discuss an increase in focus on charging infrastructure.
Force Motors: The Baba Kalyani-led company secured an order to supply 2,429 BS-6 diesel ambulances to the Uttar Pradesh Medical Health and Family Welfare Department. The order value was not disclosed.
Petronet LNG: Gas price regulator PNGRB flagged the company for profiting immensely at the cost of consumers through annual tariff hikes without passing on the benefits of capacity expansion. Brokerage Citi put the company on 90-day downside watch. The company said its LNG terminals and tariffs are beyond PGNRB’s purview.
Punjab National Bank: India’s second largest public sector bank said it total deposits grew 14.4 per cent to Rs 13.3 lakh crore from Rs 12.9 lakh crore a year ago.
Sugar stocks: India’s sugar production in the December 2024 quarter was down to 95.40 lakh tonnes from 113.0 lakh tonnes a year ago, according to an update shared by the Indian Sugar Mill Association.
Waaree Energies: The renewable energy major said it had secured an order for the supply of solar modules for a 150 MW project from a renowned customer without naming them.
Varun Beverages: The bottler for aerated beverages maker PepsiCo said it will invest Rs 412 crore in its South African subsidiary Beverage Company Proprietary (Bevco).
ZEEL: Markets regulator SEBI will send a fresh show cause notice to ZEEL founder chairman Subhash Chandra and his son Punit Goenka. The watchdog said it will continue to probe alleged violation of listing norms by Chandra and his company.
Stocks in News Today: From Avenue Supermarts to Waaree Energies, here are stocks that are likely to remain in focus on Friday, January 3, 2025. Indian investors turned richer by over Rs 8 lakh crore in 2 days. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
