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  1. IndusInd Bank, Paytm, Lupin and Exide Industries are key stocks to watch

IndusInd Bank, Paytm, Lupin and Exide Industries are key stocks to watch

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2 min read • Updated: April 10, 2024, 9:11 AM

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Summary

NIFTY 50 closed 23 points lower on Tuesday. The domestic investors continued their buying spree as they bought shares worth ₹2,257 crore on April 9.

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Asian markets are trading mixed this morning

Indian markets retreated from record levels to close marginally lower on Tuesday on account of some profit booking on all-time high levels

Asian markets are trading mixed this morning as Japan's benchmark index, Nikkei 225, is down 0.2%, while the Hang Seng index gained 1.76%.

The US markets closed flat ahead of key inflation data.

Here are the buzzing stocks

IndusInd Bank: IndusInd International Holdings Ltd (IIHL) said on Tuesday (April 9) that it has partnered with Invesco Ltd to acquire a 60% stake in Invesco Asset Management India Ltd (IAMI).

Paytm: Paytm Payments Bank MD and CEO resigned effective June 26. Also, Paytm has terminated all ties with Paytm Payments Bank.

Lupin: The company launched the first generic version of Oracea (Doxycycline capsules) in the United States.

Exide Industries: The battery manufacturer acquired a 26% stake in Clean Max Arcadia Pvt Ltd at ₹5.3 crore.

Shyam Metallics: The company added a new capacity of 0.3 mtpa in stainless steel products.

Shivalik Rasayan: The chemicals company has received seven observations from the USFDA on the inspection of its API facility in Dahej.

Paisalo Digital: The firm crossed asset under management of ₹4,600 crore in Q4FY24, an increase of 32% yoy.