Stocks

Key Stocks to Monitor in Today's Market: A Glimpse into TCS, JSW Steel, NMDC, PFC, ONGC, HPCL, LTIMindtree, Apar

Published November 24, 2023

As investors gear up for a new trading day, certain stocks stand out in the markets due to anticipated news, reported earnings, or other factors influencing investor perception. Among those to watch today include tech giant Tata Consultancy Services (TCS) TCS, leading metal player JSW Steel JSWSTEEL, the mineral producer NMDC Ltd NMDC, the financial enterprise Power Finance Corporation (PFC) PFC, energy majors Oil and Natural Gas Corporation (ONGC) ONGC and Hindustan Petroleum Corporation Limited (HPCL) HINDPETRO, the technology and consulting firm LTIMindtree LTIM, and the diverse conglomerate Apar Industries APARINDS. Each of these companies' stock prices could be influenced by unique market forces or company-specific developments that merit investor attention.

Tata Consultancy Services (TCS) TCS

TCS, a behemoth in the IT services space, often garners attention due to its considerable size and impact on the technology sector. Changes in outsourcing trends, currency fluctuations, or significant contract announcements could spur movements in the TCS stock.

JSW Steel JSWSTEEL

JSW Steel is another major player, with its stock price typically sensitive to international steel prices, demand indicators, and policy changes affecting the metals and mining industry.

NMDC Ltd NMDC

NMDC's performance is closely linked to global iron ore prices and regulatory developments that impact mining operations. The company's quarterly results and expansion plans could also influence investor interest.

Power Finance Corporation (PFC) PFC

PFC, which focuses on financing the power sector, may see stock price changes based on the health of the utilities sector, interest rate fluctuations, and the overall economic environment affecting its borrower's capabilities to repay loans.

Oil and Natural Gas Corporation (ONGC) ONGC and Hindustan Petroleum Corporation Limited (HPCL) HINDPETRO

ONGC and HPCL are heavily influenced by crude oil prices, energy policies, and geopolitical tensions that could affect the oil and gas market. These externally driven factors often result in stock volatility for such companies.

LTIMindtree LTIM

The recent merger of LTI and Mindtree to form LTIMindtree has created a new entity with strong capabilities in digital transformation and IT services. Investors will be monitoring its post-merger performance and synergy realizations closely.

Apar Industries APARINDS

Apar Industries is a diversified corporation with interests in sectors like cables, conductors, and oils. Any industrial or economic developments affecting these sectors can have corresponding impacts on Apar's stock valuation.

TCS, JSWSteel, NMDC, PFC, ONGC, HPCL, LTIMindtree, Apar