Markets traded on a subdued note on Monday, with benchmark indices ending lower amid mixed global cues and profit booking in select heavyweight counters. Technically, analysts say the Nifty continues to trade between its key moving averages -- the 20-day and 100-day EMA -- indicating a lack of clear directional bias. A decisive close above the 24,200 mark could trigger the next leg of the up move towards the 24,450-24,600 zone.In today's trade, shares of Bajaj Auto, ZEE, BPCL, HDFC Bank, HUL among others will be in focus due to various news developments.SISSIS has approved, in principle, a proposal to undertake a share buyback of up to Rs 120 crore, marking its fifth buyback since listing in August 2017. The company has fixed the maximum buyback price at Rs 478.50 per share, representing a 10% premium to the previous closing price of Rs 435. Based on the maximum buyback size, SIS could repurchase around 25 lakh shares, though the final number will depend on the buyback price.Bajaj AutoBajaj Auto has announced that its share buyback will open for tender on July 1 and close on July 7, following shareholder approval for the proposal earlier this month. The company received shareholder approval for the buyback through a postal ballot, the results of which were declared on June 18, while the public announcement was issued on June 19.ZEEZee Entertainment Enterprises (ZEEL) has received government approval for a Rs 418-crore (about $46.03 million) foreign investment from OFI Global China Fund LLC, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).HDFC BankHDFC Bank has appointed former Financial Services Secretary, Rajiv Kumar, as its part-time chairman for a four-year term with effect from June 30. Kumar's appointment has received the approval of the Reserve Bank of India, the lender said late Monday.HULHindustan Unilever Ltd (HUL) has roped in Koteshwar L.N., who held senior leadership roles at Marico, Flipkart and Coca-Cola, as the chief executive of its wellness nutrition business Oziva amid heightened competition and double-digit growth across the category.Tata Motors CVTata Motors Commercial Vehicles (CV) said on Monday it sees a path to crossing 1 million annual vehicle sales after completion of its proposed acquisition of Italy's Iveco Group, while expressing confidence that structural drivers such as infrastructure spending, freight growth and stable regulations will continue to support the commercial vehicle industry despite near-term risks from higher fuel prices.BPCLState-run Bharat Petroleum Corporation Ltd. (BPCL) will acquire a 40% stake in Tiki Tar and Shell India Private Ltd. (TTSIPL) for Rs 85 crore, marking its entry into India's fast-growing value-added bitumen (VAB) market as it seeks to capitalise on the country's infrastructure and road construction boom, the company said today.
Stocks in news: Bajaj Auto, ZEE, BPCL, HDFC Bank, HUL, Tata Motors CV
Indian markets saw a subdued trading session on Monday, with key indices declining due to mixed global signals and profit-taking. Several prominent companies like Bajaj Auto, ZEEL, BPCL, HDFC Bank, and HUL are in focus today due to significant corporate developments. These include share buybacks, foreign investments, leadership appointments, and strategic acquisitions, signaling active corporate maneuvering amidst market fluctuations.






