Buzzing stocks: BSE, Wipro, TCS, HCLTech, BEL, Lupin and 20+ stocks in focus on Tuesday
From BSE’s entry into the Nifty 50 and Wipro’s exit to fresh orders, business expansions and regulatory approvals, a packed corporate news flow could keep more than two dozen stocks in focus on Tuesday.
The Bombay Stock Exchange (BSE) will enter the Nifty 50 index, replacing technology company Wipro, effective September 30. This reshuffle is part of the National Stock Exchange's (NSE) half-yearly review of benchmark and broader market indices. The Nifty 50 will now include Hitachi Energy India, Polycab India, Vedanta Aluminium Metal, and Vodafone Idea, while Indian Hotels, Lodha Developers, REC, Shree Cement, and United Spirits will exit.
Wipro will move to the Nifty Next 50 index. Additionally, TCS and HCL Technologies have clarified that there is no evidence of any breach in their systems following claims made by a hacker group regarding potential exposure of limited data elements related to their employees. Lupin Ltd has received approval from the U.S. Food and Drug Administration (FDA) for its Sodium Zirconium Cyclosilicate for Oral Suspension, which is bioequivalent to AstraZeneca's Lokelma® and is indicated for the treatment of hyperkalemia in adults.
Lemon Tree Hotels has signed for Keys Select by Lemon Tree Hotels in Mcleodganj and Lemon Tree Premier in Madurai, expanding its presence in key leisure destinations in Himachal Pradesh and Tamil Nadu.
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