stock market today: Gift Nifty, on Tuesday around 7:35 am, traded at 21,465.5, down 18.5 points or 0.09 percent. The index hinted at a muted start for Dalal Street, in line with the action seen in the previous trading session.
On Monday, the markets started on a muted note and ended marginally lower, pausing the recent surge. The 30-share BSE Sensex lost 0.24 percent and closed at 71,315.09. The broader NSE Nifty 50 was down by 0.18 percent and closed at 21,418.65 levels.
Global cues are mixed, with US stocks extending a rally on the back of expectations of lending rate cuts in 2024, but European and Asian shares dipping over oil supply concerns.
Ahead of the market opening on Tuesday, take a look at stocks that are expected to keep the bourses buzzing.
More updates about the stock market
Vedanta: The mining and metals industry player declared a second interim dividend of Rs 11 per share for the fiscal year 2024, resulting in a total disbursement of Rs 4,089 crore.
IDFC First Bank: IDFC First Bank has secured the nod from the Reserve Bank of India (RBI) to proceed with its merger with IDFC, marking a significant step in its business strategy.
HDFC Bank: The banking behemoth has successfully raised Rs 7,425 crore through its first 10-year infrastructure bond issue. The bonds, attracting a coupon rate of 7.71 per cent.
Devyani International: Devyani International is expanding its global footprint by entering the Thai market. The company has acquired 274 KFC outlets in Thailand for Rs 1,066.10 crore. Additionally, it has invested Rs 340 crore in its Dubai-based global subsidiary.
Piramal Pharma: Piramal Pharma Solutions, a Contract Development and Manufacturing Organization (CDMO) segment of Piramal Pharma Ltd., has recently inaugurated an expanded antibody-drug conjugate (ADC) manufacturing facility in Grangemouth, Scotland, UK.