Top stocks to buy today, December 11: GIFT Nifty was trading down 13.50 points or 0.05% at 24,672 indicating a muted start for domestic indices. Here are the top stocks to watch for the day.
GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a subdued opening on Wednesday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty was trading 13.50 points or 0.05% lower at 24,672 indicating a subdued start for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 closed the session 9 points or 0.04% lower at 24,610, while the BSE Sensex rose 1.6 points or 0.00% to close at 81,510.
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Stocks to watch on December 11, 2024
NTPC Green Energy
NTPC Green Energy’s subsidiary NTPC Renewable Energy has bagged a 500 MW solar project from Solar Energy Corporation Of India (SECI). The auction, held on December 9, 2024, also includes the establishment of Energy Storage Systems (ESS) with a total capacity of 1,000 MW/4,000 MWh.
HDFC Bank
HDFC Bank has leased 416,000 sq ft of office space in the Gigaplex complex, located in the Mindspace property of K Raheja Corp in Airoli, Navi Mumbai, for a period of 10 years. The banking major will pay an annual rent of Rs 24 crore, equivalent to a monthly rent of Rs 2 crore (Rs 49 per sq ft), according to documents accessed via Propstack.
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Adani Ports
Adani Ports and SEZ said it will use its own resources to fund a Sri Lankan port project and not seek US funding. The company said the project “is on track for commissioning by early next year” and added that the company will fund the ongoing project through “internal accruals”, aligning with its capital management strategy.
Maruti Suzuki India
Maruti Suzuki India will stick with its plan to use multiple technologies, including electric, hybrid, and compressed natural gas (CNG), to help India achieve its aim of carbon neutrality by 2070, its chief executive officer (CEO) and managing director (MD) Hisashi Takeuchi said.
Reliance Power
Reliance Power announced setting up its renewable energy business arm Reliance NU Energies and appointed Mayank Bansal as Chief Executive Officer and Rakesh Swaroop as Chief Operating Officer of the subsidiary.
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Indian Overseas Bank
Indian Overseas Bank said it had received an order confirming a refund of Rs 1,359.29 crore for the assessment year 2015-16, including interest under Section 244A.
HG Infra Engineering
HG Infra Engineering said it had received a letter of acceptance from the Ministry of Road Transport and Highways (MoRTH) for upgrading the newly-declared NH-227B Bahuvan Madar Majha to Jagarnathpur, known as ’84 Kosi Parikrama Marg,’ in Uttar Pradesh.
