Trends on the Singapore stock exchange indicates that the Nifty could jump 84 points at the opening bell. On the macro front, India’s economy continued to expand in the July-September quarter, marking the fourth consecutive quarter of growth. India’s GDP grew 8.4% on-year basis against a contraction of 7.4% during the same period last year. The combined output of eight core industries has surged 7.5% in October as compared to the same period last year, showed the official data released on November 30. Here is the list of stocks that will be in the spotlight for today’s session.
Auto sales: Auto stocks will be in focus as auto companies will start announcing monthly sales numbers for November starting from 1 December 2021.
Tata Consultancy Services: TCS announced the launch of the TCS Assessment and Migration Factory, a set of tools, accelerators, and services that enable customers to shift their mainframe workloads to the new AWS Mainframe Modernization (M2) platform.
Maruti Suzuki India: India’s largest passenger vehicle manufacturer said that owing to a supply constraint of electronic components due to the semiconductor shortage situation, the company is expecting an adverse impact on vehicle production in December 2021 in both Haryana and its contract manufacturing company, Suzuki Motor Gujarat Private (SMG) in Gujarat.
NTPC: The company informed that Unit-4 of 250 MW capacity of Nabinagar Thermal Power Project (4X250 MW) of Bhartiya Rail Bijlee Company (a Subsidiary Company of NTPC) is declared on Commercial Operation with effect from 1 December 2021.
UltraTech Cement: The cement manufacturer said the company has commenced mining of coal from its Bicharpur coal mines in Madhya Pradesh. Rail Vikas Nigam has entered into an MoU with Economic Policy Research Institute of KYRGYZ Republic, Government of Kyrgyzstan, for development of railway corridor projects in Kyrgyz Republic specially to connect from Bishkek to Karakechenskoye.
Marathon Nextgen Realty: The company said that the meeting of the board of directors of the company is scheduled on 1 December 2021, to consider and approve the raising of funds by issue of Debt security in the form of Non-Convertible Debentures (NCDs) on private placement basis.
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