Actions in focus: Burger King, Birlasoft, Tata Motors, Axis Bank, Antony Waste, Coal India, Canara Bank

After a bloodbath in the previous session, the national stock market benchmarks BSE Sensex and Nifty 50 are likely to open in the green on Tuesday, as trends in SGX Nifty suggest. Ingenious futures traded 146 points higher at 13,409 on the Singapore Stock Exchange. In the previous session, stocks tumbled after the UK reported a new strain of the COVID-19 virus, following which the UK imposed a new lockdown on London and south-east England. The 30-share BSE Sensex fell 1,406.73 points or 3 percent to close at 45,553.96.

Actions in focus today:

Burger King India: Vaibhav Stock and Derivatives Broking Private Ltd bought 19.29 lakh of Burger King shares at Rs 161.21 per share. The company sold the same at Rs 161.28 apiece, based on NSE’s bulk deals.

Birlasoft: Invesco Mutual Fund, Aditya Birla Sun Life Mutual Fund, ICICI Prudential Mutual Fund, purchased 20 lakh of Birladoft shares at Rs 205.15 per share. While Acacia II Partners LP sold 67.11 lakh of company shares at the same price.

Tata Motors: Tata Motors announced that there will be a price increase on its entire range of commercial vehicles, starting on January 1, 2021. The company in a BSE presentation that the constant increase in the costs of materials and other supplies, the impact of forex and the transition to BS6 standards, have accumulated increased the cost of vehicle manufacturing.

Antony Waste Handling Cell: Antony Waste Handling Cell’s initial public offering (IPO) was signed 1.98 times on the first day of the bidding process. The Rs 300 crore issue will close on Wednesday. This is the second time that Antony Waste Handling Cell has sought to make its bag debut.

Bank axis: The National Infrastructure and Investment Fund (IFRS) on Monday announced a $ 107 million investment in its ‘master fund’ of PSP Investments of Canada, the International Development Finance Corporation (DFC) of the United States and the national lender. from the private sector Axis Bank.

Coal India: Coal India Ltd allocated 25.78 million tons (MT) of coal in the first eight months of this fiscal under an electronic spot auction scheme, registering a year-on-year increase of 59.4 percent. Coal India Ltd (CIL) had allocated 16.17 MT of coal in the April-November period of the previous fiscal year, according to government data.

Canara Bank: Transstroy India has been under the Central Bureau of Investigation (CBI) scanner for allegations of fraud and loans related to a consortium of banks. According to a statement by Canara Bank, the leader of a consortium with 13 other banks, although the total sanctioned limit was 4,765.70 crore, Canara Bank’s stake is only 678.28 crore.