These stocks are likely to be in focus on January 6
On Wednesday, the frontline equity indices, i.e., Sensex and Nifty reclaimed their previous benchmarks, with the Sensex crossing 60,000 and the Nifty regaining the 17,900 levels.
At close, the Sensex was up by 342.25 points or 0.61 % at 60,223.15 and the Nifty was up by 120 points or 0.67% at 17,925.25.
These stocks are likely to be in focus for Thursday's trading session -
Bharti Airtel: Hughes Communications India Pvt Ltd, (HCIPL), a subsidiary of Hughes Network Systems, LLC (HUGHES), and Bharti Airtel Limited (Airtel), India’s leading communications solutions provider, have announced the formation of a joint venture to provide satellite broadband services in India. Operational as HCIPL, the entity combines the Very Small Aperture Terminal (VSAT) businesses of both companies to offer flexible and scalable enterprise networking solutions using satellite connectivity for primary transport, backup, and hybrid implementation. The scrip of Bharti Airtel surged by 0.38% at Rs 699.75 at day end.
TVS Motor Company Limited: TVS Motor Company has announced the appointment of Professor Venkat Viswanathan as Technical Advisor for Electric Mobility at TVS Motor Company. An Associate Professor of Mechanical Engineering at Carnegie Mellon University, Prof. Viswanathan is an expert in advanced batteries for electric mobility. Prof. Viswanathan will bring his extensive knowledge in energy storage and Li-ion batteries, specifically to electric vehicles and planes, to the company. The stock of TVS Motors was up by 1.16% at Rs 638 at day-end on Wednesday.
ABB India Limited: ABB India launched a new range of low voltage flameproof motors which are designed for safe use in applications in potentially explosive atmospheres. Made-in-India, the motors are available in IE2 and IE3 efficiency classes and are offered in small to mid (80- 250) frame sizes with output ranging from 0.18 – 55kW. The motors are rated for ambient temperature between –20 °C and +45 °C and are Petroleum & Explosives Safety Organization (PESO) certified. The scrip was up by 0.32% at Rs 2226.75 at the market close on the BSE.
52-week high stocks – From the BSE 200 pack, the stocks of Tata Communications, Asian Paints, Pidilite Industries, Astral Ltd, and GMR Infrastructure have hit their 52-week high price on Wednesday.
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