These stocks are likely to be in focus on September 21

These stocks are likely to be in focus on September 21

Indian Market
by 5paisa Research Team Last Updated: 2022-09-20T18:36:11+05:30

At market close on Tuesday, the core equity indices ended in the green owing to positive global cues and anticipation of the US Federal Reserve meeting.

The Sensex ended at 59,719.74 by 37.8, up by 578.51 points or 0.98% and the Nifty 50 closed at 17,816.25, higher by 194 points or 1.10%. The shares of Sun Pharmaceuticals, IndusInd Bank, Dr Reddy’s Laboratories, Tata Steel, Bajaj Finserv, and Titan Company, were some of the top gainers on the Sensex today.

On the BSE, 203 stocks have made their 52-week high whereas 27 stocks reached their 52-week lows today. Out of the 3602 stocks traded, on the BSE today, 2071 stocks have advanced, 1402 shares have declined whereas 129 stocks remained unchanged.

These stocks are likely to be in focus for Wednesday's trading session -

Wipro Limited: Finastra, a global provider of financial software applications and marketplaces, and Wipro Limited, a top provider of technology services and consulting, today announced a partnership in India to assist corporate banks in accelerating their digital transformation by implementing Finastra's industry-leading solutions. With the help of Finastra's cutting-edge solutions and Wipro's expertise in consulting, digital, infrastructure, and operations, this alliance will provide modern API enabled platforms for banks to innovate, streamline, and digitise essential trade finance processes while lowering overhead costs. Wipro is now the sole implementation and go-to-market partner for all Indian banks using Finastra's Fusion Trade Innovation and Fusion Corporate Channels thanks to this multi-year partnership. The shares of the company ended higher by 0.76% on the BSE today.

Hero Motocorp Limited: To develop the nation's electric vehicle (EV) charging infrastructure, Hero MotoCorp and Hindustan Petroleum Corporation Limited (HPCL) has partnered. As part of the effort, the businesses will install charging stations for two-wheeled electric vehicles (EVs) all across the nation, accelerating the transition of mass mobility to an electrified future. With the promise of long-term solutions, Hero MotoCorp and HPCL's collaboration exemplifies their efforts to enable a smooth transition of mass transportation towards EVs. The two businesses will first install charging infrastructure at HPCL's current network of nationwide energy stations, with the possibility of extending their partnership in the future for more commercial opportunities. The shares of the company ended 2.28% higher, on the BSE.

State Bank of India: State Bank of India (SBI) said SBI Global Factors has become its 100% subsidiary as the country's biggest lender has acquired about 14% stake from other shareholders. SBI has acquired 13.82 per cent equity of existing shareholders i.e., SIDBI (6.53%), Bank of Maharashtra (4.34%), and Union Bank of India (2.95%), a regulatory filing said. The shares of the company, ended 0.24% higher, at Rs 573.60 on the BSE today.


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