Stocks to track on Monday, February 25th: Domestic equity benchmarks fell by more than 1% each on Monday, despite being sold in most sectors. Sensex pitched 856.7 points to finish with 74,454.4, while the Nifty 50 gave up on 242.6 points and settled at 22,553.4. With market participants waiting for the next session on Dalal Street, earnings season is delayed and FII sales are on sale, there are many stocks scheduled to be in the spotlight on Tuesday, February 25th .
Stock to track on February 25th: NTPC and NTPC Green
NTPC and its subsidiary NTPC Green have signed a Memorandum of Understanding (MOU) with the Madhya Pradesh Government as part of the state’s Global Investors Summit.
Under the agreement, the duo will invest around Rs 2 out of Rs 2 in the state.
Dividend Stock | SBI Cards are set to trade Ex-Dididend on February 25th
Stocks of Gurugram-Headquarted Credit Card Issuer SBI Card are scheduled to trade Ex-Didividend on Tuesday.
Tracking Stock: BioCon
Biocon Biologics, a subsidiary of Biocon, has launched Yesintek in the US market.
This drug is used to treat Crohn’s disease, ulcerative colitis, plaque psoriasis and psoriatic arthritis.
Tracking Stock: MPS Ltd
The company’s board of directors will meet on February 28th and consider raising funds through multiple channels.
Wellspan Speciality
The company has set March 1st as the record date for planned rights issues.
Tracking inventory | Ireda
The company’s shareholders have approved the proposal to raise up to Rs 5,000 through the QIP route.
Tracking Stocks | LIC Housing Finance
The LIC Housing Finance board of directors is scheduled to meet on March 5th.
Here we catch major stock market updates. Visit for all other news Zeebiz.com.
