Business Tips of the Day: Today Paytm, PNC Infratech and Dilip Buildcon can make investors happy – business tips today 28th march 2023 shares to watch adani enterprises and paytm
One 97 Communications’ Paytm Payments Bank says the full KYC wallet customers will be able to make payments at every UPI QR code and online merchants. With this, the bank will get 1.1 percent intercharge revenue. PNC Infratech has been declared L1 for a Rs 819 crore road project in Uttar Pradesh. Allcargo Logistics has entered into a deal to buy 30 per cent stake in Gati and Gati-Kintetsu Express for Rs 406.7 crore. Dilip Buildcon has been selected as L1 for the Bangalore-Vijayawada road project. SGVN has secured green financing of Rs 915 crore.
Which stocks will remain volatile
According to the momentum indicator MACD, shares of Vijaya Diagnostics, Navkar Corporation, IOL Chemicals, Glenmark Pharma and Varun Beverages are likely to gain momentum on Tuesday. On the other hand, National Fertilizers, Zen Technologies, Chaman Lal Setia, RITES and Nahar Poly Films may decline.
market condition
The fall in the local stock markets for two trading sessions came to an end on Monday and the BSE Sensex closed with a gain of over 126 points. Reliance Industries, Maruti Suzuki and State Bank of India, which have a strong share in the index, strengthened the market amid good opening in European markets. The Sensex closed at 57,653.86 with a gain of 126.76 points, or 0.22 percent. The National Stock Exchange’s Nifty also closed at 16,985.70 points, up 40.65 points, or 0.24 percent. Of the 50 Nifty stocks, 27 ended with gains.
Reliance Industries gained the most 1.54 percent among the Sensex stocks. Apart from this, Maruti Suzuki, Sun Pharma, State Bank of India, UltraTech Cement, Infosys, Kotak Mahindra Bank, Hindustan Unilever, ITC and HDFC Bank were major gainers. On the other hand, PowerGrid, Axis Bank, Mahindra & Mahindra and Tata Motors were among the losers. All shares of Adani Group closed down on Monday.