Top Stocks To Watch Out For January 2: M&M, South Indian Bank, Tata Motors & Others In Focus

Politics and Government Politics and Government

Top Stocks To Watch Out For January 2: M&M, South Indian Bank, Tata Motors & Others In Focus

^{Published on 2025-01-02 08:00:58 - MSN}

The Nifty opened flattish and after the initial drop to 23,550 levels, it witnessed a pullback move of 260 points. The index has been consolidating within a band from the last seven trading sessions.

The article from MSN Money discusses several key stocks to watch in the Indian market on January 2, 2024. Mahindra & Mahindra (M&M) is highlighted due to its subsidiary, Mahindra Electric Automobile Limited, receiving a show cause notice from the GST authorities for a tax demand of Rs 14.31 lakh. South Indian Bank is in focus after reporting a 19.9% increase in advances for Q3 FY24, reaching Rs 80,380 crore, and a 11.4% rise in total deposits to Rs 1,01,229 crore. Tata Motors is noted for its upcoming board meeting to consider fundraising through the issuance of equity shares or other securities. Additionally, Tata Steel is mentioned as it plans to raise funds via non-convertible debentures. Other stocks like HDFC Bank, Reliance Industries, Infosys, and ICICI Bank are also expected to be in focus due to various corporate actions and market conditions.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/other/top-stocks-to-watch-out-for-january-2-m-m-south-indian-bank-tata-motors-others-in-focus/ar-AA1wPpgw ]

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