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Tag: LTIMindtree

Stocks to Watch: ONGC, Tata Steel, HCL Tech, LTIMindtree, Mazagon Dock, and Others
8Sep By adminNo Comments
Business

Stocks to Watch: ONGC, Tata Steel, HCL Tech, LTIMindtree, Mazagon Dock, and Others

Stocks to Watch on September 8: GIFT Nifty on the NSE IX traded 16 points, or 0.08 per cent, higher at 19,783.50, signaling that Dalal Street was headed for positive start on Friday. Here’s a slew of stocks that will be in focus today for various reasons.Tata Steel: AVAADA Group said it has signed an agreement with Tata Steel Special Economic Zone Ltd (TSSEZL) to set up a green hydrogen and ammonia manufacturing unit in Odisha.ONGC: State-owned ONGC will infuse about Rs 15,000 crore in OPaL as part of a financial restructuring exercise that will see gas utility GAIL being edged out of the petrochemical firm. ONGC currently holds 49.36 per cent stake in ONGC Petro-additions Ltd (OPaL), which operates a mega petrochemical plant at Dahej in Gujarat. GAIL (India) Ltd has 49.21 per cent intere...
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Muted start on D-Street likely; HDFC Bank, RIL in focus
17Jul By adminNo Comments
Business

Muted start on D-Street likely; HDFC Bank, RIL in focus

Stock market LIVE updates: The Q1 (April-June) quarter results season is in full swing, and investors will closely follow earnings of key companies on Monday, including that of HDFC Bank and LTIMindtree, to gauge the health of India Inc.  ...Read MoreNo article available in this category.First Published: Jul 17 2023 | 7:48 AM IST
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Sensex, Nifty likely to extend gains to 7th straight day
4Jul By adminNo Comments
Business

Sensex, Nifty likely to extend gains to 7th straight day

STOCK MARKET LIVE: Equity benchmark indices Sensex and Nifty are eyeing a start in green on Wednesday even as equities elsewhere in Asia are muted this morning. At 7:15 am, the Gift Nifty futures were 40 points higher at 19,500 levels.  ...Read MoreNo article available in this category.First Published: Jul 05 2023 | 7:19 AM IST
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LTIMindtree to replace HDFC in Nifty Index following merger with HDFC Bank
4Jul By adminNo Comments
Business

LTIMindtree to replace HDFC in Nifty Index following merger with HDFC Bank

As a result of the merger between mortgage lender HDFC and HDFC Bank, LTIMindtree, the sixth-largest IT company in India, will take HDFC's position in the heartbeat index Nifty. The decision to replace HDFC with LTIMindtree was made during a meeting of the Index Maintenance Sub-Committee (Equity) of NSE Indices. The effective date for this change is set for July 13 after the close of trading on July 12 as stated by NSE. Based on preliminary calculations as reported by the Economics Times, the reshuffling of the index is expected to result in an inflow of approximately $150-160 million from passive funds into LTIMindtree. Currently, LTIMindtree is part of the Nifty Next50 index, also known as Junior Nifty. However, starting from July 13, Jindal Steel & Power...
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