Last updated: February 20, 2023, 7:50 AM IST
Stocks to watch out for on Monday
Stocks to Watch: Stocks from companies such as Motherson, Sun Pharma, HUL, Dilip Buildcon, Cipla and Zydus will be the focus of today’s trading
Equity investors will focus this week on global trends and movements of foreign funds as the Q3 earnings calendar comes to a close with no major domestic trigger in sight. While both Sensex and Nifty ended in negative territory on Friday (Feb. 18), today, Feb. 20, there are few stocks worth considering.
mother son: Samvardhana Motherson Automotive Systems Group (SMRPBV), a subsidiary of Samvardhana Motherson International (SAMIL), has signed an agreement with Faurecia to acquire Germany-based SAS Autosystemtechnik (SAS).
Sun Pharma: The company has acquired two healthcare-related businesses. The Mumbai-based company acquired up to 26.09 percent of Agatsa Software Private Limited, an early-stage digital diagnostics device company, as well as 27.39 percent of Remidio Innovative Solutions Private Limited.
HUL: Hindustan Unilever Ltd (HUL) has announced the sale of its Annapurna and Captain Cook brands to Singapore-based Uma Global Foods for Rs 60.4 crore to exit non-core atta and salt businesses.
Dilip Buildcon: The company has received the Letter of Acceptance (LOA) from the Government of Madhya Pradesh.
In addition to these, Cipla, United breweries (CEO resigned), Zydus And Adani Wilmar can be checked as part of Nifty Next 50 and Nifty 100.
On Friday, benchmark indices Sensex and Nifty snapped their three-day winning run to close half a percent on Friday as financial and IT stocks sold off amid weak global market trends. The 30-stock BSE Sensex fell 316.94 points or 0.52 percent to finish at 61,002.57 as 22 of its voters finished in the red. During the day, it fell 508.84 points or 0.82 percent to a low of 60,810.67.
The broader NSE Nifty fell 91.65 points or 0.51 percent to finish at 17,944.20, closing 33 of its shares.
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