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Indian Stocks to Watch as Company Updates Drive Market Attention

Indian Stocks to Watch as Company Updates Drive Market Attention
Top stocks to watch today: Vedanta, Axis Bank, IREDA, Kotak Mahindra shares in focus on Tuesday, 6 Oct · livemint.com

Several Indian companies are in focus for investors on Tuesday, October 6.

The market was expected to start higher after GIFT Nifty showed a gain.

On Monday, the Sensex and Nifty both finished higher.

Vedanta plans to discuss paying an interim dividend at a board meeting.

Axis Bank and Kotak Mahindra Bank reported growth in loans and deposits.

Trent said its sales revenue rose and that it opened more stores.

Marico bought a larger share of a health and wellness company.

Juniper Hotels agreed to buy a hotel in Maharashtra.

Zydus Lifesciences and MSN Laboratories launched a generic medicine in the United States.

Key facts

GIFT Nifty
Around 22,663, up nearly 81 points from the previous close of Nifty futures.
Sensex close on Monday
72,382.47, up 472.77 points or 0.66%.
Nifty close on Monday
22,555.75, up 133.80 points or 0.60%.
Vedanta dividend meeting
Board meeting scheduled for October 8; record date set for October 14.
Trent Q2 standalone revenue
₹5,788 crore, up 23% year-on-year.
Marico acquisition
Acquired an additional 24.09% stake in Satiya Nutraceuticals for ₹1,012.03 crore, taking its holding to 84.09%.
Juniper Hotels agreement
Agreed to acquire the operating Novotel Imagicaa hotel in Khopoli for ₹248 crore.
Generic medicine launch
Zydus Lifesciences and MSN Laboratories launched generic riociguat tablets in the US.

Sources

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