NIFTY 50

Here’s a look at buzzing stocks for trade on December 30

Updated : December 30, 2019 08:35:51 IST

Indian shares are likely to open lower on Monday following weakness Asian peers. At 7 AM, the SGX Nifty was trading 20 points or 0.16 percent lower at 12,321, indicating a negative start for the Sensex and Nifty50. Among the stocks in the news today, Adani Group agreed to acquire a majority stake in Snowman Logistics and Bharti Airtel hiked its mandatory minimum recharge for pre-paid customers.

Here are the top stocks to watch out for in today’s trade:

Bharti Airtel hiked its mandatory minimum recharge for pre-paid customers to Rs 45 from Rs 23.

Irdai restored Reliance Capital's 100 percent shareholding in Reliance General Insurance and cancelled pledge enforcement of shares by Credit Suisse and Nippon India MF.

The board of Piramal Enterprises approved the issue of secured, rated, unlisted, redeemable NCDs aggregating up to Rs 2,750 crore.

The RBI-appointed administrator of DHFL called for a meeting of its creditors for the first time today

JSW Steel’s Netherlands-based unit will offload 39 percent stake in joint venture firm Geo Steel LLC for $23.08 million.

Adani Logistics, a unit of Adani Ports and SEZ, signed agreements to buy a 40.25 percent stake in Snowman Logistics from Gateway Distriparks.

Shares of Prince Pipes and Fittings will make a debut on the exchanges on December 30.

Cadila Healthcare clarified that it has no plans to sell two of its divisions

The board of directors of RITES declared an interim dividend of Rs 6 per share.

Oricon Enterprises prepaid the term loan of Rs 300 crore to Indiabulls Housing Finance.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you