Overnight Digest: Stocks to keep an eye on January 12!

Mandar Wagh
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Overnight Digest: Stocks to keep an eye on January 12!

Watch out for these large-cap stocks in Thursday’s trading session!

Indian benchmark indices fluctuated between slight gains and losses throughout the session before ending flat. The BSE Sensex edged down by 0.02 per cent to 60,105 level at the close. The Nifty 50 index lost 0.10 per cent to a level of 17,895. While metal stocks attempted to uplift indices, fast moving consumer goods (FMCG) and utility stocks dragged them down.  

Watch out for these Large-Cap stocks in Thursday’s trading session -

Tata Consultancy Services - The announcement of company’s dividend payments caused its shares to surge, making them one of the top Sensex gainers of the day. A special dividend of Rs 67 per equity share of Re 1 was declared by the company, in addition to the third interim dividend of Rs 8. In the last three trading sessions, shares soared by almost 4 per cent.  

Sun Pharmaceutical Industries - The pharmaceutical company announced today that one of its wholly-owned subsidiaries has launched Palbociclib, a novel anti-cancer drug, in India for patients with advanced breast cancer. The drug will be distributed under the brand name PALENOTM (Palbociclib) 75 mg, 100 mg and 125 mg.  

Tata MotorsTata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors and Ford India Private Limited (FIPL) had completed a Unit Transfer Agreement for acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat for a total consideration of Rs 725.7 crore. Shares ended the session over 1 per cent higher.  

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