Stocks in News Today: Canara Bank, RITES, Zaggle, Ola Electric and more

Stocks in News Today: Canara Bank, RITES, Zaggle, Ola Electric and more

New Delhi: The Sensex and Nifty rose close to new highs on Thursday led by a surge in FII inflows, as well as a rally in tech stocks. The Sensex was up 809.53 points or 1 per cent to 81,765.86, while the Nifty rose 240.95 points or 0.98 per cent to 24,708.40 on Thursday. Investors turned richer by Rs 15.18 lakh crore as the Sensex gained over 2,700 points or over 3 per cent in the past 5 trading sessions, according to exchange data.

All eyes will be on RBI governor Shakitkanta Das’ monetary policy statement at 9 am on Friday. From Canara Bank to Ola Electric: Here are stocks that are likely to remain in focus on Friday, December 6, 2024.

Canara Bank: The state-owned lender received the RBI’s green signal for the divestment of its stake in Canara Robeco Asset Management Co. The lender can also offload its stake in the insurance JV through the IPO route now, per the central bank’s nod.

Torrent Power: The power transmission company raised Rs 3,5000 using the QIP route. SBI Mutual Fund purchased 50 per cent of the entire stake on offer in the QIP.

RITES: The railway PSU secured a Rs 148.245 crore order to manage the 2nd phase of IIM Raipur’s campus construction.

Zaggle India: The tech comoany said it had secured 2 orders in just 2 days from clients Blink and Hitachi India for a 2-year and 1-year period, respectively.

Ceigall India: The recently listed comoany received an arbitration award worth Rs 54.26 crore in a case related to the Greater Mohali Are Development Authority, according to an exchange filing.

(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)

 Stocks in NEws Today: Amid a surge in the Sensex and Nifty led by a rally in tech stocks, investors became richer by Rs 15.18 lakh crore on Thursday. With all eyes on the RBI MPC’s monetary policy decision, here are stocks that are likely to remain in focus on Friday, December 6, 2024.  Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today