The benchmark indices ended the volatile session of November 29 on a positive note, with the Nifty closing up 27.50 points or 0.16% at 17,054.00 and the Sensex closing up 153.43 points or 0.27% at 57,260.58.

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Approximately 875 stocks have advanced, 2337 stocks have declined, and 142 stocks have remained unchanged. Kotak Mahindra Bank, HDFC Life, HCL Technologies, TCS, and Wipro were among the major gainers on the Nifty index for the day, while BPCL, Sun Pharma, UPL, ONGC, and Adani Ports were among the losers.

Apart from IT, all other sectoral indices ended lower, with pharma, power, real estate, oil & gas, and PSU banks contracting 1-2%. The BSE midcap and smallcap indices also fell 1-2% in the broader markets.

Following are the stocks that should be on your watchlist for Tuesday:

Universus Photo Imagings, Marshall Machines, Thomas Scott (India), Tata Teleservices (Maharashtra), Genesys International Corporation, and Pansari Developers made a fresh 52-week high on Monday.

Kotak Mahindra Bank has received an intimation from Life Insurance Corporation of India stating that the Reserve Bank of India has granted its approval to UC, for increasing its holding in the Bank up to 9.99 % of the paid-up equity share capital of the Bank. The approval is valid for one year. The stock closed 2.38 % higher on Monday.

Asian Paints – The company has signed a Memorandum of Understanding with the Government of Gujarat, for commencing the proposed expansion of manufacturing capacity of paint from 130,000 KL to 250,000 KL and resins and emulsions from 32000 MT to 85000 MT to be completed over the next 2 -3 years at a total investment of Rs 960 crore (approximately) on plant and machinery at the current prevailing prices. This expansion will be carried out on the existing land owned by the company.

IndusInd International Holding Ltd, the Hinduja-led promoter entity of private sector lender IndusInd Bank is pulling up its socks for a war chest of more than a billion dollars post regulatory allowance for bank promoters to raise ownership to 26 % of total equity. Once operational guidelines are established, the promoters will raise the money in two to three months to enhance their stakes in multiple tranches to 26 %. Currently, the promoters own 16.54 % of IndusInd Bank, and overseas funds collectively own more than 51%.

Capri Global Capital has recently announced that it has entered into a co‐lending agreement with the State Bank of India (SBI), the country’s largest public‐sector bank, to offer MSME loans. Through this collaboration, CGCL and SBI aim to disburse MSME loans initially across 100 plus touch points pan‐India. The company has said that the loan disbursement under this arrangement would commence from December 2021. 

Brooks Laboratories has announced that its subsidiary has received marketing authorization in Germany for Meropenem. This is the first marketing authorization received by the company in the European region. 

Ruchira Papers has informed the exchange that rating agency CRISIL has reaffirmed the credit rating of ‘CRISIL BBB+/Stable’ assigned to long-term facilities and CRISIL A2 assigned to short-term facilities of the company.