Stocks to watch: Bharti Airtel, Indian Bank, BPCL among shares in focus today; check list here
Awaiting price reaction for this filing.
Indian benchmark indices ended their two-session losing streak on Wednesday, with the Sensex rising 443.97 points (0.58%) to 76,922.64 and the Nifty 50 adding 140.10 points (0.59%) to 24,005.85, supported by positive global cues and softer crude oil prices. Gift Nifty signalled a positive start for Thursday, though Asian markets were mixed after sharp sell-offs in US tech stocks and declines in Japan's Nikkei and South Korea's Kospi. Several stocks are in focus on Thursday: Bharti Airtel's Airtel Money NBFC arm began operations after receiving an RBI licence, Indian Bank posted 13.6% YoY growth in total business to around Rs 15.28 lakh crore for Q1, BPCL entered definitive agreements to acquire Videocon Energy Brazil's stake in IBV Brazil Petroleo, Tata Technologies expanded its partnership with Tenneco involving an investment of over USD 100 million over five years, NMDC reported June iron ore production of 5.15 mt versus 3.57 mt a year ago, and a pharma firm received EMA approval to expand NaMuscla's marketing authorisation for pediatric use.