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Stocks to Watch: ICICI Bank, Biocon, PNB, 3i Infotech, SpiceJet, Coal India

Stocks to Watch: ICICI Bank, Biocon, PNB, 3i Infotech, SpiceJet, Coal India Photo: Ramesh Pathania/Mint Share Via Read Full Story NEW DELHI : Here’s a list of top ten stocks that may be in news on Tuesday: ICICI Bank: Country s largest insurer Life Insurance Corporation (LIC) has sold 2% stake in private sector lender ICICI Bank through open market transactions. The insurer sold 13.8 crore shares, representing 2.002% stake of ICICI Bank, over a period of November 27 to December 24, 2020, the bank said in a regulatory filing. TRENDING STORIESSee All 1 min read Nazara Technologies IPO share allotment: How to check your application status

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Stocks to watch: Wipro, 3i Infotech, Biocon, SBI Life, AU Small Finance

Here are the top stocks to watch in today s session: Wipro: The IT services major s share buyback programme will commence today and close on January 11, 2021. In November, shareholders had approved the buyback plan for the purchase of up to 23.75 crore equity shares at Rs 400 per share. AU Small Finance Bank: AU Small Finance Bank announced strategic partnership with ICICI Prudential Life Insurance to offer personalised insurance solutions. 3i Infotech: IT firm 3i Infotech has entered into definitive agreements to sell its software products business to the funds advised by Apax Partners for Rs 1,000 crore. Axis Bank: Axis Bank is pruning its overseas operation as part of a strategy of focusing Indian market. It closed branches in Shanghai and Colombo last month while it is in the process of winding up Hong Kong Branch.

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CIL to construct 21 railway sidings at cost of Rs 3,370 crore

These railway sidings would be commissioned by FY 24. CIL currently has around 152 rail sidings and the tally would go up to 173 by 2024, CIL said in a statement. CIL underpinning for a cleaner environment in coal transportation has placed increased impetus on rail evacuation and would gradually migrate away from the road movement of the dry fuel, it added. Reduced road transportation of coal would depress the dust pollution and save on the diesel costs, the statement said. Ending November of the ongoing fiscal, CIL s exclusive rail coal movement at around 202 million tonnes (MT) went up by 16 per cent, on a year-on-year comparison, while the road mode fell by 33 per cent.

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Stocks to Watch: Kotak Mahindra Bank, TCS, Muthoot Finance, Centum Electronics

The Reserve Bank of India has restricted Kotak Mahindra Bank from paying dividend on perpetual non-cumulative preference shares in accordance with its December 4 circular

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IRCTC Share Price: Stocks in the news: IRCTC, TCS, HCL Tech, TVS Motor, Coal India and Muthoot Finance

IRCTC Share Price: Stocks in the news: IRCTC, TCS, HCL Tech, TVS Motor, Coal India and Muthoot Finance
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