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Stock to Watch: Tata Motors, Pfizer, Aviation Stocks in Focus Today

Stock to Watch: Tata Motors, Pfizer, Aviation Stocks in Focus Today

Stock in News Today: Tata Motors announced a hike in commercial vehicle prices from 1 January.

Tuesday’s session is likely to begin on a positive session for domestic stock markets, after the benchmark indices suffered their worst single-day losses in more than seven months a day, fresh in the UK due to a widespread sell-off New strain of coronavirus due to lockdown. The Singapore Exchange (SGX) Nifty futures – an early indicator of the National Stock Exchange’s Nifty 50 benchmark index – rose 57 points or 0.43 percent to 13,435.20 points at the strongest level before the Indian markets opened. At 8:12 am, SGX Nifty futures traded at 13,422.20, up 44.00 points or 0.33 percent.

On Monday, the S&P BSE Sensex and NSE Nifty 50 indices fell nearly 3 percent. The Nifty 50 closed down 432.15 points at 13,328.40, wiped out six straight sessions of gains till Friday and the Sensex fell 1,406.73 points to close at 45,553.96.

However, both indices rose more than 2 percent this month, boosted by record inflows of foreign institutional investors (FIIs), signs of progress on COVID-19 vaccines globally and domestic economic recovery.

Here are some stocks to watch in Tuesday trading (December 22, 2020):

Indigo, SpiceJet

Aviation shares will be closely watched on Tuesday, a day after the government banned the new flight until 31 December in Britain Coronavirus stress In that country.

Tata motors

Tata Motors said on Monday that it would increase its commercial vehicle prices from 1 January 2021, noting that “the continued increase in material and other input costs, the impact of foreign exchange and the transition to BS6 norms” made the cumulative form There is an increase in cost from manufacturing vehicles.

Pfizer, Lupine

The European Union prepared to begin mass vaccination against COVID-19 just after Christmas, after Pfizer-developed SHOT and its German partner BioNTech approved regulatory hurdles on Monday. European Union countries, including Germany, France, Austria and Italy, have said they plan to introduce vaccination from December 27 as Europe tries to catch up with the United States and Britain, where vaccination begins earlier this month. Was started

Newsbeep

Lupine Ltd said on Monday that it had received approval for its rufenamide oral suspension (40 mg / mL) from the American drug regulator for a generic equivalent of Japan’s Christian’s Bunzel oral suspension.

Thermax

Thermax increased its stake in First Energy from 76 percent to 100 percent, which makes First Energy a wholly owned subsidiary of Thermax. First Energy is engaged in the business of manufacturing and supplying biomass pellets, gasification technology and cooking stoves.

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