Stocks to Watch on NSE: Reliance Infrastructure, ITC, HDFC Bank, Aurobindo Pharma and Others
Market Insights: Focus on Key Stocks
The NSE is buzzing with attention on Reliance Infrastructure Ltd., ITC Ltd., Aurobindo Pharma Ltd., and HDFC Bank Ltd. today as traders respond to recent market developments.
SEBI's New Mandates
- Contract sizes for index derivatives increased from 10 lakh to 15 lakh.
- Traders will require higher margins which may restrict leverage potential.
- Weekly options treaties reduced to one per exchange, shifting trading dynamics.
These alterations are expected to affect revenues for trading exchanges and brokerages.
Company Performance Updates
Maruti Suzuki India Ltd.
Maruti Suzuki recorded total sales of 1.84 lakh units, reflecting a 1.9% year-on-year increase. Domestic sales were lower, but exports rose by 23%. This adjustment aims to manage inventory before the festive season.
Hero MotoCorp Ltd.
Hero MotoCorp reported motorcycle sales reaching 5.97 lakh units, marking a 21% increase, positioning itself favorably as festive sales approach.
Aurobindo Pharma Ltd.
The firm has recently received US FDA Approval for Cephalexin Tablets, expected to launch in Q3 FY 2025, positioning it well in the market.
Dabur India Ltd.
The firm anticipates a decrease in revenue due to adverse weather impacting consumer demand, signaling potential challenges ahead.
CSB Bank
CSB Bank reported substantial growth in deposits and advances, reflecting a healthy financial position.
Conclusion: Market Implications
The ongoing changes in trading protocols and sales performance reports of key companies disclose the shifting landscape of the Indian share 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.