Stocks to Watch: IDBI Bank, Jio Financial, Axis Bank, Ashok Leyland, Titan, and Others
Stocks to Watch on August 21: Nifty futures traded 17.5 points, or 0.09 per cent, lower at 19,312, signaling that Dalal Street was headed for a negative start on Monday. Here’s a slew of stocks that will be in focus today for various reasons.Titan: Titan has acquired an additional 27 per cent stake in omni-channel jewellery brand CaratLane for Rs 4,261 crore. Titan is buying shares owned by CaratLane founder and his family members “representing 27.18 per cent", the company said in a statement.IDBI Bank: The proposed sale of the government’s stake in IDBI Bank is unlikely to happen this fiscal, posing a challenge to the Centre’s ability to meet the Rs 51,000 crore disinvestment target for the year. The government expected more than Rs 15,000 crore from the IDBI Bank stake sale, the financi...