homephotos Newsmarket NewsTop stocks to watch on June 16: Reliance Industries, State Bank of India, ONGC and more

Top stocks to watch on June 16: Reliance Industries, State Bank of India, ONGC and more

SUMMARY

Stocks to Watch: The Dalal Street is expected to open in green tracing positive cues from global and Asian markets. SGX Nifty futures were up 1.1 percent to 15,837 as of 7:01 am on Thursday. Shares of State Bank of India, Reliance Industries, ONGC and others will be in focus today. Here are top stocks to watch out for in trade on June 16 -

Profile image

By CNBCTV18.com Jun 16, 2022 7:25:02 AM IST (Published)

Listen to the Article(6 Minutes)
State Bank of India, State Bank of India shares, stocks to watch
Image count1 / 10

State Bank of India | The country's largest lender has raised the minimum rate for home loans to 7.55 percent from June 15. The move comes after the Reserve Bank of India (RBI) hiked repo rate by 50 basis points to 4.90 percent last week.

Usha Martin, Usha Martin shares, Stocks to Watch
Image count2 / 10

Usha Martin Ltd | Peterhouse Investments Ltd and PACs have sold 63,000 equity shares in the Usha Martin via open market transactions. The two promoters' shareholding in the company thus decreased to 1.91 percent from 1.94 percent.

Reliance Industries share, Reliance Industries, stocks to watch
Image count3 / 10

Reliance Industries Ltd | The fuel and mobility joint venture between RIL and BP – Jio-BP – signed an agreement with food delivery platform Zomato. As per the agreement, Jio-BP will provide EV mobility services to Zomato along with access to ‘Jio-bp pulse’ branded battery swapping stations for last mile delivery to support the company’s commitment to “The Climate Group's EV100 project of a 100 percent electric fleet by 2030”.

Jyothy labs, jyothi lab shares, stocks to watch
Image count4 / 10

Jyothy Laboratories Ltd | Nalanda India Equity Fund bought 6.55 lakh additional equity shares in the company via open market transactions. With this, the investor's shareholding in the soap and detergent manufacturer jumped to 5.06 percent, up from 4.88 percent.

CNBCTV18
Image count5 / 10

Voltamp Transformers Ltd | HDFC Mutual Fund has acquired additional 50,000 equity shares in the company via open market transactions. The shareholding in the company has now increased from 4.91 percent to 5.25 percent.

CNBCTV18
Image count6 / 10

Oil and Natural Gas Corporation Ltd | Fitch Ratings revised the outlook on the Long-Term Issuer Default Ratings (IDRs) of ONGC and six other Indian government-related entities (GREs) to 'stable' from 'negative'.

CNBCTV18
Image count7 / 10

Indian Overseas Bank | The public sector lender's Board has approved raising up to Rs 1,000 crore by issuing equity shares and another Rs 1,000 crore via issuing bonds, in FY23.

CNBCTV18
Image count8 / 10

UPL Ltd | Through its subsidiary USCL, the company has acquired specialty chemicals manufacturer, Kudos Chemie for Rs 40 crore. As per the agreement, USCL is required to invest Rs 237 crore in Kudos over a period of 2 years.

CNBCTV18
Image count9 / 10

KBC Global Ltd | Nomura Singapore has offloaded 3.19 percent or 1,96,20,000 equity shares in the company via open market transactions. The transactions were made at an average price of Rs 4.4 per share.

Rama Steel Tubes, Rama Steel Tubes shares, stocks to watch
Image count10 / 10

Rama Steel Tubes Ltd | Nomura Singapore bought one lakh equity shares in the company via open market transactions at an average price of Rs 371 per share.

Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
arrow down

Most Read

Share Market Live

View All
Top GainersTop Losers
CurrencyCommodities
CurrencyPriceChange%Change