Produced by: Aseem Thapliyal Designed by: Manoj Kumar
The domestic equity market closed higher on Friday. Sensex rose 493 points to 67,481 and Nifty added 135 points to 20,267. Here's a look at stocks that are likely to remain in action next week.
Ajit Mishra, SVP - Technical Research, Religare Broking said, “The rotational buying across the key sectors is helping the index to inch higher and we are now eyeing 20,500 in Nifty ahead. Apart from the domestic factors, upbeat global cues, especially the performance of the US markets, are further adding to the positivity. We thus recommend continuing with a ‘buy on dips’ approach with a focus on stock selection.”
Shares of Pooja Entertainment will be in focus as they will trade ex-bonus from December 8. The firm announced a bonus issue of shares in the ratio of 6:1.
Shares of Dhyaani Tile and Marblez will be in focus next week as they will trade ex-bonus from December 7. The firm announced a bonus issue of shares in the ratio of 9:5.
Shares of Sunshine Capital will be in focus next week as the firm will hold an EGM on December 6, 2023
Panchsheel Organics stock will turn ex-dividend from December 4, 2023. The firm declared an interim dividend of Rs 0.8000 per share.
Shares of Jyoti Structures will be in focus next week as the firm will hold an EGM on December 4.
Brokerage UBS has downgraded Bajaj Auto to sell from its previous stance of 'neutral'. It has revised its target price to Rs 5,600 from Rs 5,450.
Shares of glassware company Borosil Ltd will trade ex-spin off from December 5, 2023.
Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of Business Today. Investors should consult their financial advisors before taking any position.