Today’s SGX Nifty indicates a flat start with a bullish tilt for the Sensex and Nifty. American market cues remained modest, with the Dow Jones, S&P 500, and Nasdaq ending flat overnight. Markets in India are consolidating gains as every tiny fall is bought into, and the trend remains optimistic until we witness a large negative close, according to analysts.
Bank of Baroda, IRB Infra, Fusion MFI, and Schaeffler India are among the top stocks to watch today.
Bank of Baroda: For the first time, Bank of Baroda announced preliminary business figures on Monday. The bank’s worldwide gross advances increased by 19% year over year. Deposits at the bank were Rs 12,03,604 crore, up 15.1% year over year and 4.7% sequentially.
IRB Infra: The motorway building firm will be in the spotlight after a solid business report. Toll receipts for the month of March increased by 20.6% year on year to Rs 369.9 crore, up from Rs 306.6 crore at the same time last year.
Fusion MFI: Fusion MFI will be a significant focus today as their disbursals increased 8.4% sequentially and 12.6% year-on-year to Rs 2,372 crore. Borrowers for Fusion MFI totaled Rs 35 lakhs, a 29.6% increase year over year.
Schaeffler India: The ball and roller bearing maker will trade ex-dividend on April 11th, with a final dividend of Rs 24 per share declared by the firm.