Stocks To Watch: Bharti Airtel, TVS Motor, Nazara Tech, Macrotech Developers, Indus Towers, United Spirits in news today

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Home / Money / Stocks To Watch: Bharti Airtel, TVS Motor, Nazara Tech, Macrotech Developers, Indus Towers, United Spirits successful quality contiguous

2 min read . Updated: 25 Jan 2023, 08:16 AM IST

MintGenie Team

 Mint) (MINT_PRINT)Premium The Nifty50 roseate 0.27% to extremity the time astatine 18,562.75, portion the S&P BSE Sensex climbed 0.34% to settee astatine 62,504.80. (Photo: Mint) (MINT_PRINT)

The S&P Global's Flash Composite Output scale successful the U.S. roseate to 46.6 successful December, authoritative information showed. A speechmaking beneath 50 indicates contraction successful concern activity, and heightens the anticipation of a near-term recession successful the world's largest economy.

(Reuters) - Indian stocks were poised to unfastened little connected Wednesday, connected anemic economical information from the U.S., which hinted astatine rising fears of recession, and anemic maturation outlook from companies.

India's NSE banal futures listed connected the Singapore speech were down 0.19% astatine 18,099.50, arsenic of 07:37 a.m. IST.

The S&P Global's Flash Composite Output scale successful the U.S. roseate to 46.6 successful December, authoritative information showed. A speechmaking beneath 50 indicates contraction successful concern activity, and heightens the anticipation of a near-term recession successful the world's largest economy.

Wall Street equities ended mostly little with S&P 500 and Nasdaq Composite logging losses portion Dow Jones Industrial Average settled with 0.3% gains. Most Asian equities were closed connected Wednesday. [MKTS/GLOB]

Crude lipid prices slipped beneath $87 per tube connected concerns astir a planetary economical slowdown. The descent successful crude prices could headdress losses successful home equities, arsenic crude constitutes the bulk of the import measure for oil-importing countries similar India.

On the home front, investors await firm net from respective companies including Nifty 50 constituents Tata Motors, Bajaj Auto, Dr. Reddy's and Cipla.

Foreign organization investors sold 7.61 cardinal rupees ($93.24 million) worthy of shares connected a nett ground connected Tuesday portion home organization investors bought a nett 11.45 cardinal rupees worthy of equities.

STOCKS TO WATCH

** Bharti Airtel: Co raises basal tariffs by astir 57% to 155 rupees successful 7 regions.

** TVS Motor: Co beats third-quarter nett estimates connected terms increases.

** Nazara Technologies: Co reports emergence successful consolidated nett net successful Q3.

** Macrotech Developers: Co reports emergence successful consolidated nett net successful 3rd 4th connected deferred taxation gain.

** Indus Towers: Co logs losses successful the December 4th connected continued shortfall successful collections from 1 of its large customers.

** United Spirits: Co reports autumn successful nett net successful 3rd 4th connected descent successful income and emergence successful expenses.

Catch each the Business News, Market News, Breaking News Events and Latest News Updates connected Live Mint. Download The Mint News App to get Daily Market Updates.

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