Home » News » Business » Kotak Mahindra Bank, JSW Steel, SBI Card: Top Stocks for Investors on March 15
1-MIN READ

Kotak Mahindra Bank, JSW Steel, SBI Card: Top Stocks for Investors on March 15

Trending Desk

Last Updated: March 15, 2021, 09:30 IST

stocks, shares,

stocks, shares,

The market indices on Monday, March 15, are expected to give a positive start as the SGX Nifty was trading 96.50 points or 0.64 percent higher at 15,125.50 at 7:20 am.

The stock market on Friday, March 12, gave a negative ending by losing around 1 percent. On the contrary, the market indices on Monday, March 15, are expected to give a positive start as the SGX Nifty was trading 96.50 points or 0.64 percent higher at 15,125.50 at 7:20 am. On March 12, the BSE Sensex witnessed a loss of 487.43 points or 0.95 percent to close at 50,792.08. Similarly, the NSE Nifty dragged 143.85 points or 0.95 percent to settle the day at 15,030.95.

Top stocks to look for the day are:

Kotak Mahindra Bank: Dividend on 100 crore Nos. 8.10 percent non-convertible perpetual non-cumulative preference shares of the face value of Rs 5 each for FY21 were approved by the board of directors of the company. March 19, 2021 will be the record date for the purpose of payment.

JSW Steel: The company’s rating has been reaffirmed at 'AA' by India Ratings and Research with the outlook revised to "stable" from "negative".

SBI Card: Raising up to Rs 2,000 crore by issuing bonds has been approved by the board.

PSU Banks: On Monday and Tuesday the banking operations across the country could be affected due to the call for a nationwide strike by the United Forum of Bank Unions (UFBU) to protest against the privatisation of two state-owned lenders.

GAIL: The board will consider and approve interim dividends in a meeting on March 15.

Jindal Saw: The rating of the company has been revalidated as 'BWR AA/Stable' for bonds amounting to Rs 500 crores by Brickwork Ratings.

Bajaj Finance: 300 secured redeemable non-convertibles debentures have been allotted by the debenture allotment committee of the company on a private placement basis.

MTAR Technologies: Shares of the company will get listed on the exchanges on Monday.

Axis Bank: 9.9 percent of stakes in Fattle Tone LLP will be acquired by the bank for Rs 90.8 crore.

Tata Communications: Entire 26.12 percent of its stake in the company will be sold by the government.

AGI Infra: The board will consider and approve interim dividends in a meeting on March 15.

IIFL Finance: The bond issue of the company will close early on March 18 instead of March 23, 2021.

Keywords: top stocks for Investors today, stocks to invest, Stock market, BSE Sensex, NSE, Sensex Today, Sensex, todays sensex, today sensex position, sensex share bajar, sensex update

Read all the Latest News, Breaking News and Coronavirus News here

first published:March 15, 2021, 09:30 IST
last updated:March 15, 2021, 09:30 IST