Opening Bell: Headline indices start on a flat note

Opening Bell: Headline indices start on a flat note

Indian Market
by 5paisa Research Team Last Updated: 2022-10-17T10:16:33+05:30

On Monday, Indian equity markets kicked off the first trading session of the week on a flat note.

At 9:23 am, Nifty 50 is trading with marginal losses of 0.15% in the red territory at 17,160. Top gainers include Bajaj Auto, Infosys, Eicher Motors, Axis Bank and Hero Motocorp.

Watch out for these buzzing stocks in today’s session!

Unichem Laboratories - The company has declared that it has received ANDA approval for its extended Phenytoin sodium capsules USP, 100 mg from United States Food & Drug Administration (USFDA) to market a generic version of Dilantin® (Phenytoin Sodium) capsules, 100 mg, of Viatris Specialty LLC.

Easy Trip Planners - The company has launched its industry ‘First Save Now Buy Later’ (SNBL), as an investment scheme for its customers to help them manage their finances better while they travel. This will benefit the customer in planning their holiday and hotel stay well in advance by starting with a systematic investment plan (SIP) and getting a return of up to 20% on the total invested amount exclusively from the company.

Larsen & Toubro - The water and effluent treatment business of L&T Construction has secured repeat orders from Narmada Water Resources, Water Supply & Kalpsar Department, Government of Gujarat, to execute pumping system and pipeline works from Tappar Dam to Nirona Dam (Northern Link). This is the single-largest order secured by the business in Gujarat.

Angel One - The company continued to witness strong gross addition of approximately 1.2 million clients in Q2FY23, crossing the 11 million mark in the total client base during the quarter. In line with its dividend policy, the board of directors declared a distribution of 35 per cent of the quarter’s profit, as the second interim dividend to shareholders.

Bharti Airtel - The company has announced the launch of the ‘Always On’ IoT connectivity solution in India at Indian Mobile Congress. Airtel’s ‘Always On’ solution comprises dual profile M2M eSim, which allows an IoT device to always stay connected to a mobile network from different mobile network operators (MNOs) in the eSIM.

 


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