Stocks In Spotlight 09 July 2024: Five Stocks To Track Today | Markets News

July 9, 2024

NEWS

Ajit Mishra – SVP, Research, Religare Broking Ltd said, “We anticipate a time-wise correction in the Nifty index due to rotational buying in heavyweight stocks, which has limited the downside so far. However, there are ongoing buying opportunities in select sectors and themes. Traders should exercise caution in stock selection and prioritize effective trade management strategies.”

Meanwhile, ahead of the market opening today, as per Zeebiz Nestle India, Persistent Systems, DCM Shriram, HCLTech, JSW Steel are likely be in focus today.

1. Nestle India

At the 65th Annual General Meeting Nestle India board of directors have approved continuation of payment of general licence fees (royalty) at the rate of 4.5%, net of taxes, of the net sales of the products sold by the Company to the Licensor as per the terms and conditions of the existing General Licence Agreements (GLAs) with effect from 8th July 2024.

2. JK Cement, JSW Steel, Persistent Systems And Others

Stocks of a whole bunch of companies –JK Cement, JSW Steel, Persistent Systems, Polycab India, DCM Shriram, Grindwell Norton and Ingersoll-Rand — are scheduled to trade ex-dividend today.

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