SUMMARY
Stocks to watch: SGX Nifty50 futures rose 0.5 percent to 18,190.5 points as of 6:58 am on Tuesday. Stocks such as Zomato, TCS, IndusInd Bank, IndiGo, Piramal Enterprises among others will be closely watched today. Here is a list of stocks to watch out for in trade today:
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Zomato | Competition Commission of India orders investigation against online food delivery platforms Zomato and Bundl Technologies, the operator of Swiggy, into some of their conduct following a complaint filed by the National Restaurant Association of India that alleged contravention of rules by the two companies.
2 / 10SBI Card and Payment Services | Private equity firm Carlyle Group will sell its entire stake in SBI Cards and Payments Services Ltd for as much as Rs 2,558 crore. CA Rover Holdings, a Carlyle entity, which as of December 2021 quarter, held 29.20 million shares or 3.09 percent stake in SBI Cards will sell its entire stake in the firm, through a block trade. Shares are being offered between Rs 851.50-876, implying around 3 percent discount to the current market price.
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