Overnight Digest: Stocks to keep an eye on March 27!
Watch out for these large-cap stocks in Monday’s trading session!
Indian benchmark indices ended Friday's trading session significantly lower, largely affected by more than 2 per cent declines in BSE Realty and BSE Metals, with all sectoral indices trading down. The BSE Sensex tumbled 0.69 per cent to 57,527 level at the close. The Nifty 50 index plunged 0.77 per cent to a level of 16,945.
Watch out for these Large-Cap stocks in Monday’s trading session -
HDFC Asset Management Company - As the government proposed investing in mutual funds; below 35 per cent in equities, should be viewed as short-term capital gains, shares of asset management companies tumbled to new 52-week lows on Friday. With intense selling pressure, shares of HDFC Asset Management Company plunged more than 4 per cent.
Bandhan Bank - Shares of the bank slumped more than 4 per cent on Friday, making it the worst performer in the sectoral index BSE Bankex. The bank appointed Ratan Kumar Kesh as executive director. Shares of the bank recently experienced a significant upswing after receiving several bids for its distressed assets.
Indian Railway Catering and Tourism Corporation - For a period of five years, IRCTC has signed a MoU with the Uttarakhand Civil Aviation Development Authority (UCADA) to provide helicopter ticket booking services to pilgrims visiting Shri Kedarnath Dham on behalf of UCADA. Shares fell sharply at the close of the session, finishing 0.83 per cent lower.