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Benchmark domestic stocks on Monday, March 1, 2021, climbed one and a half per cent in sync with gains in the global equity markets. The BSE Sensex closed 749.85 points, or 1.53 per cent, up at 49,849.84, while the NSE Nifty surged 232.40 points, or 1.6 per cent, to finish at 14,761.55. But certain stocks came in the news after the market was closed. These stocks can impact the indices when it reopens on Tuesday, March 2, 2021. List of such five stocks: BPCL + SCI BPCL: Bharat Petroleum Corporation (BPCL) board on Monday approved the sale of its entire equity (61.65% stake) in Numaligarh refinery for Rs 9,875 crore. The stakes will be sold to the consortium of Oil India Limited (OIL), Engineers India Ltd (EIL) as well as the government of Assam. Oil India will get 38% stakes and EIL will get 10% stakes. The rest 13.65% will be sold to the Assam Government. See Zee Business Live TV Streaming Below: Shipping Corporation of India (SCI): The privatization process of SCI has moved to the second stage, said Department of Investment and Public Asset Management Secretary Tuhin Kanta Pandey. He added, the government has received multiple bids […]
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