Sensex and Nifty were likely to open higher today as Nifty futures on the Singapore Exchange rose 127 points, or 0.85 per cent at 15,065. On Thursday, benchmark indices closed lower led by losses in index majors HDFC Bank, Reliance Industries and ICICI Bank amid weak global cues. Sensex ended 337.78 points lower at 49,564 and Nifty declined 124 points to 14,906.
Here’s a look at stocks which are likely to remain in news today.
SBI: Share of SBI will be in focus as the lender will announce its Q4 earnings today.
Apollo Tyres: The firm said it has received nod to re-start operations at its manufacturing plant at Perambra in Kerala from May 21. On May 17, the company had informed about the closure of plant till May 23, 2021, pursuant to directives issued by the District Government authority.
Axis Bank: The government fetched around Rs 4,000 crore through the sale of SUUTI’s stake in Axis Bank.
Havells India: The company reported a…