Stocks to Track: Vedanta, GMR Airports, Bajaj Finance, RailTel, BSE & more

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Domestic equity benchmarks registered mild losses on Tuesday, with the Sensex dropping 212.9 points to 81,583.3 and the Nifty50 giving up 93.1 points to settle at 24,853.4. The Nifty Bank, whose 12 constituents include SBI, HDFC Bank and ICICI Bank, gave up 230.8 points to settle at 55,714.2. Investors lost Rs 2.79 lakh crore in wealth compared to the previous day as the market capitalisation of BSE-listed companies slipped to Rs 447.74 lakh crore from Rs 450.52 lakh crore on Monday, according to provisional exchange data. Globally, the market mood remained cautious amid mounting geopolitical tensions in the Middle East while the FOMC kicked off a two-day policy review.

As the focus shifts to the next trading session, here are a number of stocks set to be in focus on Wednesday: 

Vedanta

The mining major's board is set to meet on Wednesday to consider what could be the company's first interim dividend of the financial year.

Bajaj Finance

Bajaj Finance is set to list bonus shares to the tune of Rs 497 crore.

BSE

Stock exchanges BSE and NSE have changed the expiry days for their respective derivative contracts.

BSE has picked Thursday and NSE Tuesday, applicable to contracts expiring on or after September 1.

Ugro Capital

The company has announced the acquisition of Profectus Capital, an NBFC, for Rs 1,398.6 crore.

Siemens

Siemens Energy India shares are set to be listed on June 19.

The stock will initially be placed in the T2T segment for 10 days.

EMS

The company has emerged the lowest bidder for a project worth Rs 183.81 crore from UP Jal Nigam.

Bharat Forge

The company has signed an agreement with France’s Turgis Gaillard to manufacture the AAROK UAV in India for defence purposes.

RailTel

RailTel has received a letter of intent from Zoram Electronics Development for an Mizo Fibre Grid Network (MFGN) project, with an order size of Rs 44 crore.

GMR Airports

The company has registered 0.8 per cent year-on-year growth in total passenger traffic in May.

M&M-SML Isuzu

M&M has received fair trade regulator CCI's approval to acquire a 58.96 per cent stake in SML Isuzu for Rs 555 crore.

Delhivery

The company has secured CCI's clearance to acquire a 99.4 per cent stake in Ecom Express for Rs 1,400 crore.

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