Stocks To Watch in the Indian Stock Market Today: Tata Steel, APSEZ, Vedanta, BPCL, Nazara Technologies

Wednesday, 11 September 2024, 18:30

Stocks to watch today include Tata Steel, which has secured significant funding for its green steel project, and APSEZ, developing a berth at Deendayal Port. Vedanta's plan to prepay debt through a bond issue is also noteworthy. Additionally, BPCL has been awarded a production concession in Abu Dhabi, affecting the share market positively.
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Stocks To Watch in the Indian Stock Market Today: Tata Steel, APSEZ, Vedanta, BPCL, Nazara Technologies

Stock Market Today: Key Movers and Buzzing Stocks

The Indian stock market is expected to start on a positive note today, driven by overnight gains in the US markets. Major indices, including Nifty and Sensex, are projected to respond favorably. Below are pivotal stocks in focus:

Tata Steel

Tata Steel has secured a £500 million grant from the UK government for its green steel project at Port Talbot.

Adani Ports and Special Economic Zone (APSEZ)

APSEZ has signed a concession agreement for Berth No. 13 at Deendayal Port, with operations expected to start by FY27.

Bharat Petroleum Corporation (BPCL)

BPCL’s subsidiary has been awarded a production concession in Abu Dhabi, covering a substantial area rich in oil and gas resources.

Auto Stocks

  • With the Union Cabinet approving major electric vehicle schemes totaling Rs 14,335 crore, many auto stocks are set to be in focus.

Vedanta

Vedanta raised $900 million through a US dollar bond issue, significantly oversubscribed, to manage its pre-existing debts.

Nazara Technologies

Nazara Technologies acquired a 15.86% stake in e-sports startup Stan for $2.2 million, enhancing its digital expansion.

SpiceJet and Others

SpiceJet faces operational challenges as the Delhi High Court upheld the grounding of leased engines, while Ceat enhances production capacity with a new facility.

Stay informed about these buzzing stocks making headlines in today’s Indian stock market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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