Sensex closed at 57,806 points, down 91 points. Nifty closed at 17,213 points, down 19 points today, and bank nifty closed at 35,045, down 138 points today.
Mutual Funds Favourite Stocks in Each Sector
- HCL Technologies.
- Tech mahindra.
- State bank of India.
- Punjab national bank.
- Canara bank.
- Minda induatries.
- Sona BLW precision.
- Motherson sumi.
- FSN E-commerce.
- PB fintech.
Hospital & Healthcare Services
- Apollo hospitals.
- Fortis healthcare.
- Max healthcare.
Engineering – Construction
- Larsen & Toubro.
- PNC infratech.
- KNR constructions.
- Avenue supermarkets.
- Bata India.
Finance – NBFC
- Bajaj finance.
- SBI cards.
- Cholamandalam inv.
- The Phoenix mills.
- Brigade enterprises.
Bajaj Auto important update
Bajaj auto announces 300 cr to build a new electric vehicle manufacturing unit with a capacity for 500k electric vehicles per annum. First electric vehicle to roll out from new facility by June 2022, and vendors to invest a further 250 crores.
Ola & BPCL Partnership
Ola CEO Bhavesh Agrawal has made a tweet mentioning that Ola has started rolling out hyperchargers across cities at key BPCL pumps as well as residential complexes and will reach to 4000 charging stations by next year and will make the charging stations operations within 6 to 8 weeks and it will be available for free for customers till June 2022.
In today’s market Route mobile has suddenly rallied in the second session, the reason for the rally is, previously route mobile promoter in an interview with Zee business said that the growth guidance for route mobile will be 20 to 22%, but they revised the growth guidance to 30%, which is 8% more than previous guidance. Due to this positive outlook Route mobile has rallied in the second session.
Amara Raja Investment
Yesterday after the market closed Amara Raja batteries have made an important announcement that they are going to invest in European technology developer Inobat auto for E-mobility, Inobat auto is a premium battery manufacturer, by this investment Amara raja batteries will get access to cutting edge EV battery technology and manufacturing expertise and will gain key market in the booming European EV market.
Jammu & Kashmir has signed an MoU with Apollo hospitals, according to that MoU Apollo hospitals is going to set up a 250-bed capacity hospital in the first phase.
Mazagon dock shipbuilders
Mazagon dock shipbuilders company has announced a 7.10 Rupees dividend for each share and declared January 7 as the record date.
Natco pharma receives approval for drugs for the treatment of COVID-19 in India.
Indo Amines fixes January 15 as the record date for stock split from a face value of Rs.10 to Rs.5.
JBM Auto Vice Chairman said
- Huge interest from different state trabsport corporations for EV buses.
- We launched Karnatakas’s first EV buses yesterday.
- We are in the midst of creating more capacity in EV.
- Have invested Rs 500 Cr in Capx expansion.
- Have an order of close to 200 buses in navi Mumbai.
- Seeing 100% YoY growth in the electric bus business.
Sun Pharma to set up an end-to-end manufacturing facility in Andhra Pradesh.
China is increasing copper smelters’ prices, which is a big positive for Indian copper producers like hind copper and Vedanta.
Big news for defense stocks, BEML, BEL to get orders for defense production. Department of defense production has notified a list of over 2500 imported items that have already been indigenized and 351 imported items which will be indigenized in the next three years.