{"id":174890,"date":"2023-11-29T08:59:32","date_gmt":"2023-11-29T03:29:32","guid":{"rendered":"https:\/\/www.officenewz.com\/?p=174890"},"modified":"2023-11-29T09:03:28","modified_gmt":"2023-11-29T03:33:28","slug":"stock-to-watch-bhel-zomato-tata-power-siemen-ireda-jsw-steel","status":"publish","type":"post","link":"https:\/\/www.officenewz.com\/2023\/11\/29\/stock-to-watch-bhel-zomato-tata-power-siemen-ireda-jsw-steel\/","title":{"rendered":"Stock to Watch: BHEL, Zomato, Tata Power, Siemen, IREDA, JSW Steel"},"content":{"rendered":"\n<p>GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Wednesday. Here\u2019s a look at the key stocks to watch in trade.<\/p>\n\n\n\n<p><strong>Stocks in Focus: <\/strong>GIFT Nifty traded at 20,029 up 166 points or 0.84%, indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. Previously, on Tuesday, the NSE Nifty 50 gained 95 points or 0.48% to settle at 19,889.70, while the BSE Sensex jumped 204 points or 0.31% to 66,174.21. <\/p>\n\n\n\n<p>\u201cAfter last week\u2019s range-bound trend, markets registered gains led by uptick in power, metal and\u00a0auto\u00a0stocks as hopes of strong growth momentum going ahead and receding worries of rate hikes in the US strengthened the mood. FIIs turning net buyers of local equities in the last few sessions too has brought some cheers to the market, even as caution could prevail in next few sessions ahead of monthly F&O expiry and exit poll results of five state elections later this week. Technically, Nifty could find support in the 19,797-19,689 range and resistance at 20,000-20,551,\u201d said Prashanth Tapse, Senior VP (Research), Mehta Equities.<\/p>\n\n\n\n<p><strong>Read More:<\/strong> <a href=\"https:\/\/www.officenewz.com\/2023\/11\/28\/graphisads-ipo-to-open-on-november-30-check-price-band-lot-size-other-details\/\" data-type=\"link\" data-id=\"https:\/\/www.officenewz.com\/2023\/11\/28\/graphisads-ipo-to-open-on-november-30-check-price-band-lot-size-other-details\/\" target=\"_blank\" rel=\"noreferrer noopener\">Graphisads IPO to open on November 30; check price band, lot size, other details<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Stocks to Watch on November 29, 2023<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Bharat Heavy Electricals<\/h3>\n\n\n\n<p><a href=\"https:\/\/www.officenewz.com\/2023\/09\/05\/bhel-bags-order-from-nhpc-for-2880-mw-dibang-multipurpose-project-in-arunachal-pradesh\/\" data-type=\"link\" data-id=\"https:\/\/www.officenewz.com\/2023\/09\/05\/bhel-bags-order-from-nhpc-for-2880-mw-dibang-multipurpose-project-in-arunachal-pradesh\/\" target=\"_blank\" rel=\"noreferrer noopener\">BHEL <\/a>and Electricit\u00e9 de France S.A., France (EDF), a French state-owned company and largest nuclear operator worldwide, have signed a Memorandum of Cooperation (MoC) to explore the opportunity to maximize the local content of the Jaitapur Nuclear Power Plant Project (6\u00d71650 MWe) to be established by NPCIL in\u00a0India, the company said in a regulatory filing.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Zomato<\/h3>\n\n\n\n<p>Chinese payments group Alipay plans to sell its 3.4% stake in Indian food delivery giant <a href=\"https:\/\/www.officenewz.com\/2023\/11\/28\/zomato-offers-rs-1-6-crore-salary-job-at-iit-delhi-campus-withdraws-later\/\" data-type=\"link\" data-id=\"https:\/\/www.officenewz.com\/2023\/11\/28\/zomato-offers-rs-1-6-crore-salary-job-at-iit-delhi-campus-withdraws-later\/\" target=\"_blank\" rel=\"noreferrer noopener\">Zomato <\/a>(ZOMT.NS) for nearly $400 million through block deals on Indian stock exchanges, reported Reuters. Alipay, owned by Ant Group, will offload its entire 3.44% stake in the deal, the term sheet seen by Reuters showed.<\/p>\n\n\n\n<p><strong>Read More:<\/strong> <a href=\"https:\/\/www.officenewz.com\/2023\/11\/28\/bajaj-auto-shares-hit-52-week-high-jumps-over-66-ytd-whats-driving-the-stock\/\" data-type=\"link\" data-id=\"https:\/\/www.officenewz.com\/2023\/11\/28\/bajaj-auto-shares-hit-52-week-high-jumps-over-66-ytd-whats-driving-the-stock\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bajaj Auto shares hit 52-week high; jumps over 66% YTD; What\u2019s driving the stock?<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Tata Power<\/h3>\n\n\n\n<p>The company\u2019s subsidiary Tata Power Renewable Energy bagged a 200 MW firm and dispatchable renewable energy (FDRE) project from SJVN. FDRE provides round-the-clock power supply and supports the discoms in meeting renewable purchase obligation (RPO) and energy storage obligation (ESO), Tata Power said in a regulatory filing.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Siemen<\/h3>\n\n\n\n<p>The company posted a 36% rise in net profit at Rs 534 crore in the September quarter compared to the year ago, mainly on the back of higher revenues. The company, which follows the October to September fiscal year, had reported a net profit of Rs 392 crore a year ago, a company statement said.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Indian Renewable Energy Development Agency<\/h3>\n\n\n\n<p>The shares of IREDA are scheduled to make their debut on the bourses today. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">JSW Steel<\/h3>\n\n\n\n<p>The company has paid a penalty of Rs 2,79,718 levied by the Reserve\u00a0Bank of India\u00a0on the erstwhile JSW Ispat Special Products Limited (JISPL), in response to a Compounding application made by it for delayed filing of Form FC-GPR under Regulation 13.1(2) of FEMA Regulations 2017, in relation to issue of shares to a person resident outside India, the company said in the regulatory filing.\u00a0<\/p>\n\n\n\n<p><strong>Read More:<\/strong> <a href=\"https:\/\/www.officenewz.com\/2023\/11\/28\/adani-shares-rajiv-jains-gqg-mints-rs-3000-cr-profit-as-sc-reserves-hindenburg-order\/\" data-type=\"link\" data-id=\"https:\/\/www.officenewz.com\/2023\/11\/28\/adani-shares-rajiv-jains-gqg-mints-rs-3000-cr-profit-as-sc-reserves-hindenburg-order\/\" target=\"_blank\" rel=\"noreferrer noopener\">Adani shares: Rajiv Jain\u2019s GQG mints Rs 3,000 cr profit as SC reserves Hindenburg order<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Canara Bank <\/h3>\n\n\n\n<p>RBI has accorded approval to the bank for divesting its shareholding (70%) in its unlisted subsidiary Canbank Factors. Bank is exploring\/evaluating the procedures with regard to same.\u00a0Canara Bank\u00a0is holding 69.14 % shares in its unlisted subsidiary, Canbank Computer Services (CCSL) and proposes to buy out shares of other shareholders i.e\u00a0Bank of Baroda\u00a0(BOB) and DBS Bank India (DBIL). Canara Bank is also exploring transferring the credit Card and other digital product portfolio of the Bank to CCSL, the Bank said in a regulatory filing.\u00a0<\/p>\n\n\n\n<p><strong><em>(With agency inputs.)<\/em><\/strong><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Wednesday. Here\u2019s a look at the key stocks to watch in trade. Stocks in Focus: GIFT Nifty traded at 20,029 up 166 points or 0.84%, indicating a positive opening for domestic indices NSE Nifty 50 and BSE […]<\/p>\n","protected":false},"author":11,"featured_media":55157,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28691],"tags":[31413,23,57966,38667,66415,755,44276,1213],"class_list":["post-174890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-market-live-news-update","tag-bhel","tag-featured","tag-ireda","tag-jsw-steel","tag-siemen","tag-stock-market","tag-tata-power","tag-zomato"],"_links":{"self":[{"href":"https:\/\/www.officenewz.com\/wp-json\/wp\/v2\/posts\/174890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.officenewz.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.officenewz.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.officenewz.com\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.officenewz.com\/wp-json\/wp\/v2\/comments?post=174890"}],"version-history":[{"count":2,"href":"https:\/\/www.officenewz.com\/wp-json\/wp\/v2\/posts\/174890\/revisions"}],"predecessor-version":[{"id":174893,"href":"https:\/\/www.officenewz.com\/wp-json\/wp\/v2\/posts\/174890\/revisions\/174893"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.officenewz.com\/wp-json\/wp\/v2\/media\/55157"}],"wp:attachment":[{"href":"https:\/\/www.officenewz.com\/wp-json\/wp\/v2\/media?parent=174890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.officenewz.com\/wp-json\/wp\/v2\/categories?post=174890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.officenewz.com\/wp-json\/wp\/v2\/tags?post=174890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}