Vedanta, L&T,
Tata Consumer
Products, other
stocks to watch on
March 24, 2023

Story by: Harshita Tyagi
Designed by: Mohsin

Indian markets are likely to remain volatile on March 24, 2023. The short-term trend of Nifty remains positive. But the market is not gaining momentum through the hurdle.. Vedanta, Maruti Suzuki India, Anupam Rasayan, Tata Consumer Products are among the stocks to watch

Stocks to watch on March 24

Anil Agarwal-led Vedanta Ltd called talks of any stake sale in the mining major “untrue and baseless” on Thursday, after a media report said the tycoon was weighing selling less than 5% stake in the company

Vedanta

Larsen & Toubro (L&T) has entered into a pact with French firm McPhy Energy for a long-term partnership to explore opportunities in the emerging green hydrogen market

L&T

Chemicals maker Anupam Rasayan has signed a Letter of Intent (LoI) worth $120 million for next six years with a Japanese firm for supply of new age advanced intermediate for life science active ingredient

Anupam Rasayan

Tata Consumer Products is all set to invest in its own mineral water brands, CEO and MD Sunil D'Souza said in an interview. The move comes days after Tata called off plans to acquire leading bottled water brand Bisleri

Tata Consumer Products

Maruti Suzuki has announced a price hike across its models. The company has decided to increase the prices from April 2023. However, it has not confirmed the scale of the price increase yet

Maruti Suzuki India

Finance Minister Nirmala Sitharaman is scheduled to meet MDs of public sector banks (PSBs) on March 25 for a performance review in the backdrop of failure of few banks in the US and liquidity crisis faced by Credit Suisse

PSU Bank stocks

“17,200-17,225 is proving to be a tough resistance for Nifty bulls. On falls, 16,985 could provide support. If Nifty does not resume the uptrend by today, then the short-term top would have been made at 17,207," said Deepak Jasani, Head of Retail Research, HDFC Securities

Nifty technical view

Bank Nifty needs to cross the level of 40,000 on a closing basis from continuing the up move. The index is likely to trade in the range of 39,000-40,000 and a break on either side will decide a trending move,” said Kunal Shah, Senior Technical & Derivatives Analyst at LKP Securities

Bank Nifty view

The content in the story is for information purposes only. Investors or market participants should consult their financial advisors before taking any position

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