In this article, we are going to share the top stocks which could be in the focus on 10th October 2023, Tuesday trade. So today there are a total of five top stocks which we are going to suggest. Delta Corporation, Indiabulls Housing Finance, L&T Finance Holdings Ltd, Punjab National Banks, MCX, and Manappuram Finance Ltd. These six stocks are going to be a part of the F&O ban list by the stock exchange on 10 October 2023, Tuesday. And if we take a look at those top five stocks for today, so they are Maruti, Adani Stocks, Hindustan Zinx, Star Health, and Tata Steel. Read to know why all these stocks are at the top today.
The first top stock for today is Maruti Suzuki, Maruti Suzuki India Ltd yesterday claimed that it is looking to invest as much as Rs. 1.25 trillion by 2030 to 2031 in which it is going to develop 10 to 11 new models which also includes six electric vehicles. The second top stock for today is Adani Group, The Adani group has officially released a big media statement in which they said that the Malicious Campaign by the United Kingdom was based on a newspaper Financial Times. It has claimed that the media outlet has made baseless allegations to hamper the reputation of the conglomerate.
The third top stock for today is Tata Steel, as of the risk from UK Operations, The issuer Default Rating (IDR) of Tata Steel has been now upgraded to BBB- from BB+ by Fitch ratings on Monday. The fourth top stock for today is Hindustan Zinc, On Monday, Vedanta Ltd stated that the tax authorities are now imposing a penalty of Rs. 1.81 crore on the subsidiary Hindustan Zinc. This order was officially received on 8th October 2023, Sunday and Vedanta Limited has been informed of the exchanges. Continue reading.
The fifth top stock for today is Star Health and Allied Insurance, The company has now received notice from the Directorate General of GST Intelligence for the payment of the tax which is Rs. 38.99 crores. This information has been shared by the insurance firm on the BSE filing yesterday. The last stock which means the sixth top stock for today is Mahindra & Mahindra. On Monday, Mahindra Last Mile Mobility Limited stated that it has received the first tranche of Rs. 300 crore out of the proposed Rs. 600 crore investment by the International Finance Corporation at a big valuation of Rs. 6,020 crore.