Updated on 22 May 2017
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Four NSE Stocks to watch today -Here
Four Nifty stocks to watch today - Here
News/Events affecting stock prices - Here
The Indian stock market indices, Nifty and Sensex, are likely to open in green on Monday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty).
At 7.55 am (IST), SGX Nifty was trading 28.50 points, or 0.30 per cent, up at 9,482.50.
Overseas, Asian equities were trading higher, following the continued recovery on Wall Street last week. Investors shrugged off a weekend missile test by North Korea that raised further concerns on its ability to deliver a nuclear warhead as far as the US states of Hawaii and Alaska.
On Wall Street, the Dow Jones Industrial Average added 141.82 points, or 0.69 per cent, to 20,804.84 on Friday, the S&P 500 gained 16.01 points, or 0.68 per cent, to 2,381.73 and the Nasdaq Composite added 28.57 points, or 0.47 percent, to 6,083.70.
Corporation Bank: State-owned Corporation Bank posted a profit of Rs 159.98 crore for the last quarter of 2016-17 fiscal even though bad loans rose. In contrast, the bank had a net loss of Rs 510.9 crore in the January-March quarter of 2015-16, Corporation Bank said in a statement.
Natco Pharma: The company has received environment clearance (EC) for its Rs 480 crore expansion project in Telangana that would generate 1,500 jobs.
Kalpataru Power: Engineering firm Kalpataru Power Transmission Ltd (KPTL) posted a 36.54 per cent jump in net profit at Rs 89.6 crore for the March quarter on back of improved margins and strong order book.
Motherson Sumi: Auto components major Motherson Sumi Systems Ltd (MSSL) has lined up capital expenditure of Rs 2,000 crore for the current fiscal, mainly on the upcoming nine plants in five countries including India.