Stocks to look out for on Tuesday, Best Investment Advisory Company In India:
The key benchmark indices extend losses in opening trade on Tuesday on global uncertainties. Market made a passive start on Tuesday, in line with a slow Asian opening, as North Korea tensions made investors cautious. FMCG, banking and PSU banking were in the red, losing by up to 0.32 percent. The Indian rupee weakened by 18 paise 65.28 against the Us dollar in early trade.
Following are a few important stocks to watch out for on Tuesday:
Shares of Godrej Industries in focus as Godrej Agrovet sets IPO price band between Rs.450 to 460 share apiece.
GAIL India reportedly plans to set up petro-chemical complex in Andhra Pradesh, while Aditya Birla Capital gets in-principle approval from RBI to establish an ARC.
HPCL shares is in limelight as ONGC will acquire the govt’s 51.11% stake in HPCL via a bulk or block deal in November or December at the current market price.
Indian Oil Corp has cleared Rs 27,000 crore refinery of its Chennai Petroleum unit, while Chennai Petroleum is going to establish new 9 million metric tonnes per year, refinery at Nagapattinam.
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