Business Tips of The Day: Big profits are needed on the last day of the week! Keep an eye on Adani Green Energy and Happiest Minds – business tips today 3rd march 2023 shares to watch adani green energy happiest minds
Mahindra & Mahindra Financial Services disbursed loans worth Rs 4,185 crore in February, a growth of 53 per cent over the previous year. The board of IT company Happiest Mind has approved plan to raise funds of Rs 125 crore through issue of 12,500 non-convertible debentures. Hindustan Petroleum Corporation has raised Rs 1,650 crore through non-convertible taxable debentures. The board of Natco Pharma will meet on March 8 to consider the proposal for buyback of fully paid up equity shares. The consortium of Titagarh Wagons and BHEL has placed the second lowest bid for the Vande Bharat trainsets.
Which stocks will remain volatile
According to the momentum indicator MACD, shares of Easy Trip Planners, Bank of India, SAIL, Macrotech Developers and NHPC Bank may gain momentum on Friday. . On the other hand, Zensar, IGL, Glenmark Pharma, Shilpa Medicare, Metro Brands, Cyient and Hindustan Oil Exploration may decline. .
Market condition on Thursday
The domestic stock market declined on Thursday and the BSE Sensex closed nearly 502 points down. The National Stock Exchange’s Nifty also closed at 17,321.90 points, down 129 points, or 0.74 percent. BSE Sensex and NSE Nifty were on a rise on Wednesday after eight days of decline. Maruti, Axis Bank, Tata Consultancy Services, Nestle India, Infosys, Mahindra & Mahindra, Tech Mahindra and Bharti Airtel were major losers in the Sensex pack. On the other hand, gainers included PowerGrid, Sun Pharma, HCL Technologies, Larsen & Toubro and UltraTech Cement.