Tuesday, 21 February 2017

BSE, NSE likely to open strong; key stocks to watch

BSE Sensex and NSE Nifty are more likely to continue on their sturdy upward momentum in opening trade on Tuesday.
BSE Sensex on Monday closed up zero.68%, at 28,66158 factors while NSE Nifty saw a fifty seven.50 factors upward push to shut at eight,879.20 points.
Key shares to observe:
Tata Consultancy services and products: TCS on Monday mentioned that the company will spend Rs sixteen,000 crore to buyback 2.eighty five% fairness shares at Rs 2850 per share. Shares of the corporate won on Monday in anticipation of the news.
Ambuja Cements: the corporate mentioned higher than anticipated net profit for the quarter ended December 31, 2016.
Infosys: Vishal Sikka, CEO and MD of the IT major has refuted claims made via a whistle-blower. He stated that malicious tales are being unfold to target him.
ONGC Ltd: The state-owned oil main has settled tax dispute with Gujarat govt. ONGC's overseas arm OVL has despatched out RFP to raise mortgage to refinance an acquisition.
Siemens: the corporate has won a contract value Rs 287 crore to set up signalling programs for Nagpur Metro.


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