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The domestic market paused on the final trading day of the week, having earlier reached yet another record high, buoyed by positive cues from global markets. Noteworthy strength was observed in the capital goods and industrial sectors, bolstered by advancements in both manufacturing and services.
On Monday, 2430 stocks advanced, 1537 declined and 136 remained unchanged, with an advance decline ratio of 1.58 on the Bombay Stock Exchange (BSE), indicating positive closing of stocks in broader markets.
At the recent Global Investment Summit (GIS) held in Visakhapatnam, memorandums of understanding (MoUs) worth Rs 13.11 lakh crore were signed. These contracts, valued at Rs 386 crore, are expected to create 6 lakh new jobs in the state.
Here’s a look at stocks that are likely to remain in news today.
Stocks to watch: Shares of firms like Wipro, Axis Bank, SRF, Bank of Baroda, Indian Bank, Mankind, and others will be in focus on Wednesday's trade.