Stocks to Watch: ZEEL, IndusInd Bank, Blue Dart, Max Healthcare, Persistent Systems

Blue Dart Express has announced an increase in prices, effective from January 2022
Stocks to Watch: ZEEL, IndusInd Bank, Blue Dart, Max Healthcare, Persistent Systems
Stocks to Watch: ZEEL, IndusInd Bank, Blue Dart, Max Healthcare, Persistent Systems
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India's equitybenchmarks closed lower on Wednesday, dragged by losses in banking, FMCG andauto stocks, despite the surge in the final hour of the session that limitedthe decline. On Wednesday, the BSE Sensex shed 254.33 points to 59,413.27 andthe Nifty fell 37.30 points to 17,711.30.

Here are the topstocks to track in today's session:

ZEEL: InvescoDeveloping Markets Fund along with OFI Global China Fund have movedthe National Company Law Tribunal against media major Zee EntertainmentEnterprises Ltd (ZEEL) for not calling an extraordinary general meeting of thecompany.

BlueDart Express: Blue Dart Express has announced an increase in prices,effective from January 2022. The average shipping price increase will be 9.6per cent compared to 2021.

MaxHealthcare: Kayak Investments Holding, one of the promoter entitiesof Max Healthcare Institute Ltd, on Wednesday sold 8.44 crore shares of thecompany for Rs 2,956 crore through open market transactions. The shares werepicked up by Veritas Funds Plc, SBI Mutual Fund and HDFC Mutual Fund amongothers.

PersistentSystems:IT firm Persistent Systems on Wednesday said its US subsidiary will acquireNorth Carolina-based Software Corporation International (SCI) and itsaffiliate, Fusion360 for USD 53 million - a move that will bolster itsexpertise in serving banking, financial services, and insurance (BFSI) clients.

IndiaMARTInterMESH:IndiaMART InterMESH has made an additional investment of ₹ 10 croreto acquire a 7 per cent stake in Mobisy Technologies (MTPL). The totalshareholding of the company in MTPL, post this investment, will be 15.98 percent.

IndusIndBank:Private sector IndusInd Bank on Wednesday said it has acquired a 4.79 per centstake in embattled tea plantation firm McLeod Russel India by invoking 50 lakhpledged shares of the company.

AshokaBuildcon:Ashoka Buildcon has acquired the remaining 40 per cent stake in AshokaBettadahalli Shivamogga Road (ABSRPL) for ₹ 2 lakh.

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