Nestle India stocks will also be in focus after Karnataka and Gujarat lifted ban on manufacturing and sale of Nestle India’s popular instant food brand ‘Maggi noodles. (Reuters)
The BSE Sensex and NSE Nifty opened flat on Tuesday tracking mixed Asian markets. At 9.24 am, Sensex was down 8.89 points at 27,356.03. Nifty was down 3.90 points at 8,271.15.
BPCL will also be in focus on Tuesday after Barclays cuts the oil marketing company’s stocks to “underweight’ from “overweight” citing re-rating may have gone too far.
Nestle India stocks will also be in focus after Karnataka and Gujarat lifted ban on manufacturing and sale of Nestle India’s popular instant food brand Maggi noodles.
Mahindra & Mahindra agri business division has forayed into branded pulses space with NuPro brand.
Hindustan Zinc Ltd (HZL) on Monday reported a 5 per cent growth in its net profit at Rs 2,285.26 crore for the quarter ended September 30, 2015 helped by volume growth and cost optimisation.
Lupin Ltd will be in focus as the government on Monday cleared 14 foreign investment proposals, including that of the drug major.
Hero MotoCorp will announce its second quarter results today.
Barclays upgrades Indian Oil Corp to “overweight” from “equal weight” and Gail (India) to “equal weight” from “underweight” citing stock underperformance vs rivals
ACC, Bajaj Finserv, Bajaj Finance, Biocon, Can Fin Homes, DHFL and Everest Industries are some of the companies which may announce their September quarter earnings on Tuesday.
| Subscribe To Our Free Newsletter |
