In the face of unfavorable global indicators, Indian markets opened with a downward trend today. Both the Sensex and Nifty are currently trading with minor losses. Here are the stocks worth monitoring for the day:

Stocks with Positive Developments:

  1. Tata Motors plans to sell a 9.9% stake in Tata Technologies to TPG, signaling a positive move.
  2. Dalmia Bharat’s Q2 volumes are in line with expectations at 6.2 million tonnes, with earnings surpassing estimates.
  3. Texmaco Rail reports a 6% year-on-year increase in EBITDA and announces a demerger of its rail and green energy businesses.
  4. PVR and Inox are set to screen India’s World Cup matches live and are launching a monthly plan priced at 699 rupees.
  5. ONGC experiences a 5% surge in crude prices, while Brent crude rises above $90 per barrel.
  6. Bajaj Electricals secures a 564 crore rupee transmission line project from Power Grid.
  7. NBCC receives a work order worth 80 crore rupees from Visakhapatnam Port Authority.
  8. Laurus Labs‘ ImmunoAct gains approval from CDSCO for CAR-T cell therapy NexCAR19.

Stocks with Negative Developments:

  1. Avenue Supermarts (D-Mart) continues to face gross margin pressure, resulting in a 9% decrease in profits.
  2. GTPL Hathway’s Q2 EBITDA is down 1%, with margins at 17% compared to 21% year-on-year.
  3. Delta Corp receives a new tax payment notice of 6,384 crore rupees from the Directorate General of Goods and Services Tax (DG GST).
  4. Godrej Properties receives GST demand and penalty notices amounting to 96.62 crore rupees.

Additionally, keep an eye on the following important Q2 results scheduled for today:

  • Ceat Ltd
  • Cyient DLM Ltd
  • Federal Bank Ltd
  • ICICI Securities
  • Jio Financial Services
  • Jai Balaji Industries
  • Bank of Maharashtra
  • Nelco Ltd