Business

Hero MotoCorp, ONGC, Tata Motors, Dish TV -By ASC


The trend on the SGX Nifty indicates a positive opening for the domestic market.

New Delhi:

Domestic stock indices are likely to trade higher on Friday, taking cues from their Asian peers. Asian stocks rose today, tracking overnight gains in the U.S. market. Japan’s Nikkei rose 0.73 percent, South Korea’s KOSPI jumped 2.18 percent and Hong Kong’s Hang Seng Index jumped 1.43 percent.

The trend on SGX Nifty indicates a positive opening for the market at home. Nifty Futures on the Singapore Exchange, also known as SGX Nifty Futures, rose 52 points or 0.33 per cent to 15,643.80.

30 shares of the BSE Sensex jumped 443 points or 0.86 percent to close at 52,266 on Thursday, while the broader NSE Nifty was up 143 points or 0.93 percent to close at 15,557.

Here Are The Stocks To Watch During Today’s Session:

MotoCorp Hero: The two -wheeler said it would raise the price of motorcycles and scooters by up to Rs 3,000 from July 1 to offset part of the rising overall cost inflation, including commodity prices. Hero MotoCorp sells a range of models, from the entry-level HF100 with prices starting at Rs 51,450, while the Xpulse 200 4V is tagged at Rs 1.32 lakh (ex-Delhi showroom).

ONGC: ONGC Videsh Limited (OVL), a wholly -owned subsidiary and overseas branch of the government -run Oil and Natural Gas Corporation Ltd (ONGC), has made oil discoveries in Colombia, the Ministry of Petroleum & Natural Gas said. The company has made oil discoveries in a newly drilled well, Urraca-IX, in the CPO-5 block, Llanos Basin, Colombia.

TV dishes: A Bombay High Court division bench rejected a petition filed by promoter group firm Dish TV, aimed at barring Yes Bank from voting at the DTH operator’s extraordinary general meeting.

Tata Motors: The carmaker said it was investigating an “isolated heat incident”, after videos on social media showed the company’s electric car on fire.

Vodafone idea: The debt -laden telecommunications operator has decided to defer payment of additional adjusted gross revenue of Rs 8,837 crore owed over four years. Vodafone Ideas is co -promoted by UK -based Vodafone Group and Aditya Birla Group India.

Further, Delta Corp, Indiabulls Housing Finance, RBL Bank and Sun TV were the four stocks during the F&O (Futures and Options) ban period today.

Agrasmartcity

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