Stocks to watch today: Axis Bank, Aditya Birla Fashion, Vendanta & SBI
On Thursday morning, the shares in Asia – Pacific region were mixed and it may affect the domestic stock markets.Author : Divyanshi Soni
On Wednesday, the Bombay Stock Exchange Sensex fell 214.18 points and Nifty also witnessed a 55.90 points decline. BSE and Nifty were at 57,338.21 and 17,076.30 points respectively. On the same day, the Nasdaq closed at a record high as the month of September kicked off with the opening buying of technology stock.
On Thursday morning, the domestic stock markets are likely to open on a flat note due to mixed global cues. On Singaporean Stock Exchange, the Nifty futures were trading at 17,108 higher by 18 points at 07:30 am.
Here are stocks to watch in trade in today’s session:
Axis Bank: As per the information shared by the central bank, the Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 25 lakh on Axis Bank Limited. The penalty has been imposed due to a violation of the rules of Know Your Customer (KYC).
State Bank of India: On Wednesday, the country’s largest lender has stated that it has raised Rs 4,000 crore through additional tier 1 bonds, at the coupon rate of 7.72 percent.
Kotak Mahindra Bank: On Wednesday, the bank has completed the sale of more than an 8 percent stake in Airtel Payments Bank for Rs 294.8 crore.
Jet Airways: Reportedly, the airline aims to resume the flights in quarter 1 of 2022, and for the same airline is expected to hire around 1,000 employees in the same phase.
Vedanta: On Wednesday, the company said that its board has approved an interim dividend of Rs 18.50 per equity share for FY22.
Aditya Birla: The would raise funds via the issue of 4,000 unsecured rated, redeemable non-convertible debenture of the face value of Rs 10 lakh each on a private placement basis.