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  1. Stock to watch: Tata Motors, IEX, Infibeam Avenues and more

Stock to watch: Tata Motors, IEX, Infibeam Avenues and more

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1 min read • Updated: March 5, 2024, 9:05 AM

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GIFT NIFTY indicates a muted start for the Indian markets. Asian markets are trading in red, with Hang Seng is down 2.65%, while Nikkei 225 is trading 0.30% lower. Meanwhile, the US markets closed lower on Monday.

Key stocks in focus today.

Tata Motors

Tata Motors said its board of directors has approved demerging its businesses into two separate listed entities, namely the commercial vehicles (CV) and passenger vehicles (PV) businesses.

Read more: Tata Motors to demerge its businesses into two separate listed companies

Indian Energy Exchange (IEX)

IEX, which operates an electricity trading platform, reported a 15.4% YoY increase in overall trading volume to 9,462 million units in February 2024.


The infrastructure company through its wholly owned subsidiary, HSCC (India) has received a work order worth ₹92 crore. The order includes the appointment of an architectural consultant for comprehensive planning, designing, and monitoring and supervision of the construction of an extension block for the Advanced Eye Center and DDTC in front of the Drug De-Addiction Center at PGIMER.

Infibeam Avenues

The company has received final authorization from the Reserve Bank of India (RBI) to operate as an online payment aggregator under the Payment and Settlements Systems Act, 2007 for the payment gateway brand – CCAvenue.