01 Sep Market News- Stocks in Limelight today: Best Stock Tips With Top Stock Advisory in Indore
September 1, 2017
Stock markets are expected to open higher today. The equities will react to the GDP growth rate today as for the first quarter, the GDP fell to a three-year low at 5.7 percent. Stock in focus: Wipro, Indian Hotels Company Ltd, Bharti Airtel, Vedanta will be in focus today:
Shares of Wipro Ltd rose yesterday by nearly 3% after the company said its shareholders have approved its Rs 11,000 crore buyback proposal. Effectively, the stock ended 2.54% higher at Rs 299.05 on BSE, hitting its 52-week high.
Indian Hotels Company Ltd of Tata Group plans to open 7 hotels in the next 2 years as part of its expansion plans going forward. Shares of Bharti Airtel will be in focus today as the company yesterday informed the Telecom Deptt that it has started the process of merging Tikona Digital Networks with itself, by which Tikona Digital becomes a wholly owned subsidiary company of Bharti Airtel.
The metal and mining company Vedanta Limited today announced the appointment of Kuldip Kaura as interim CEO, with effect from today Sept 1, 2017.