Investigate these stocks on September 1: Reliance Industries, Adani Power, Torrent Power, BHEL, Indian Oil Corporation, and additional companies
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In the Indian stock market today, several notable companies have caught the attention of investors. Among them are Reliance Industries, Adani Power, Torrent Power, PNB Housing Finance, and Bharat Heavy Electricals (BHEL).
Notably, BSE 500 footwear stock has set a record dividend payout date, but the reasons behind this are not yet clear.
Elsewhere, the Nifty 50 is poised for a potential gap up opening, indicating a positive start to the trading day.
Apart from these, Nazara Technologies, PG Electroplast, Mission Produce (AVO), Tesla (TSLA), AMD, and Apple (AAPL) are other companies being watched closely today, as per ET Now's recommendations.
The Q1 GDP data has also been released, and its potential impact on the market is being closely monitored.
Meanwhile, the price of LPG cylinders has been reduced, effective from today, providing relief to consumers.
As for mutual funds, the comparison between a monthly MF SIP and a lump sum investment continues to be a topic of interest among investors.
In other news, ITC's share price target for 2025 is under discussion, although no specific figure has been provided.
Lastly, NSDL has set a record date for 100% dividend payment, with the stock having increased 55% from its IPO price.
It's important to note that the meeting between PM Modi and Xi Jinping, and its implications for India-China trade or border peace, are not discussed in this article.
An image from Canva/ET Now accompanies this report.
Stay tuned for more updates as the day progresses.
Written by Daksh Grover.
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