Stock Market Today: GIFT Nifty indicates a bearish start; Hindalco, IRCTC in focus

The NSE IX's GIFT Nifty fell. It shows that Dalal Street was likely to have a poor start today.

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Navneet Choudhary
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Stock Market Today

Stock Market Today: With a trade loss of 79 points at 22,838, the GIFT Nifty on the NSE IX indicated that Dalal Street is likely to have a poor start today. DOMS Industries and Exide Industries are two stocks that closed higher than 3% each, setting new records. Despite seeing its gains curtail after reaching a record high, Marico ended yesterday's trading session 0.8% ahead. As investors keep an eye on several related developments and quarterly earnings, so shares of IRCTC, Hindalco, and other companies will be the focus of attention during today's trading session.

Stock Market Today: Stocks in focus

IRCTC

The Indian Railway Catering and Tourism Corporation (IRCTC) is a public sector organisation in India that offers the state-owned Indian Railways ticketing, catering, and tourism services. The governmental Indian Railway Catering and Tourism Corporation (IRCTC) revealed a 2% annual increase in consolidated profit after tax (PAT) to Rs 284 crore.

Hindalco

Hindalco Industries Limited is an Aditya Birla Group business that manufactures copper and aluminium in India.The company's main office is in Mumbai, Maharashtra, India. According to sources, Novelis, the arm of Hindalco Industries, has filed to offer 45 million shares in the US initial public offering (IPO), with a price range of $18–21 a share.

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