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CNBC-TV18's top stocks to watch out for on December 29

CNBC-TV18's top stocks to watch out for on December 29

CNBC-TV18's top stocks to watch out for on December 29
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By CNBC-TV18 Dec 29, 2020 7:32:23 AM IST (Published)

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The Indian market is likely to open higher on Tuesday following strong global cues. At 7:10 am, the SGX Nifty was trading 41.50 points or 0.30 percent higher at 13,929.50, indicating a positive start for the Sensex and Nifty50.

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Wipro | The Rs 9,500-crore share buyback of the company begins today and closes on January 11.

ICICI Bank launches iMobile Pay, country's first interoperable banking app
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ICICI Bank | Life Insurance Corporation (LIC) sold 13.8 crore shares, representing a 2.002 percent stake in the bank through open market transactions over a period of November 27 to December 24, 2020. Following the stake sale, LIC’s holding in the bank has reduced to 6.74 percent from 8.74 percent earlier, it said.

Sebi levies fine on Biocon employee for violating insider trading norms
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Biocon | The company has expanded its generic formulations portfolio with the launch of Tacrolimus capsules in the US.

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TVS Motor Company | The company has introduced the 2021 TVS Apache RTR 160 4V with Bluetooth enabled TVS SmartXonnect in Bangladesh.

Titan (stock image)
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Titan Company | The company’s board has approved to provide corporate guarantees aggregating to Rs 906 crore to various banks on behalf of Titan Commodity Trading Limited, a wholly-owned subsidiary of the company.

AU Small Finance
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AU Small Finance Bank | The bank has partnered with ICICI Prudential Life Insurance to offer customised, need and goal-based Life Insurance solution.

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Tube Investment of India | The company has completed a one-time settlement and restructuring of funded and guaranteed debt to CG Power as per the terms agreed upon.

SBI Life
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SBI Life Insurance Company | The company has approved the appointment of Shobinder Duggal as an additional director.

stocks, markets
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3i Infotech | The company has approved slump sale of the global software products business on a going concern basis to Azentio Software for up to Rs 1,141 crore.

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Great Eastern Shipping | The company has delivered its 2000 built Suezmax Crude Carrier “Jag Lateef” to the buyers.

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Punjab National Bank | The state-run lender has completed IT integration of all branches of erstwhile United Bank of India with itself.

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