Gold Silver Reports (GSR) – Stocks To Watch: Biocon, Cadila, Power Grid, InterGlobe Aviation — Indian equity benchmarks halted their three-day upmove as gains in Kotak Mahindra Bank, ITC and HDFC were offset by losses in Vedanta, Hindalco and Tata Steel. The S&P BSE Sensex was little changed at 35,176.42 while the NSE Nifty 50 index fell 0.2 percent or 21 points to 10,718.05.
Here Are The Stocks To Watch In Thursday’s Trading:
✅ Biocon gets Form 483 with 7 observations for Bangalore facility
Madras Fertilizer’s ammonia and urea plants shutdown due to critical naphtha inventory
✅ Techno Electric to acquire 26 percent stake in Kohima-Mariani Transmission from Kalpataru Power
✅ Sical Logistics gets letter of acceptance from Northern Coalfields Ltd for excavation of overburden at Amlohri for Rs 1,345 crore
✅ Mukand Ltd. allots 20 lakh equity shares at Rs 579.57 per share on a preferential basis to Sumitomo Corp., Japan
✅ Cadila Healthcare says Zydus received final approval from U.S. FDA for Bumetanide Tablets
✅ Fineotex Chemicals is looking to expand value added business and has engaged global M&A advisory firm for acquisitions of up to $30 million
✅ Power Grid approves Rs 461 crore of investment proposals
✅ Kridhan Infra unit bags order worth Rs 56.6 crore
✅ Adani Transmission appoints Anil Sardana as CEO
F&O Setup
✅ Nifty May futures closed trading at 10,739 with premium of 29.4 points versus 41 points
✅ All series: Nifty open interest unchanged, Bank Nifty open interest up 1 percent
✅ India VIX ended at 12.8, up 3.86 percent
✅ Max open interest for May series at 11,000 (open interest at 60.3 lakh, up 6 percent)
✅ Max open interest for May series at 10,500 (open interest at 45.6 lakh, up 22 percent)
F&O Ban
✅ In ban: PC Jeweller, IRB Infra
✅ New in ban: IRB Infra
