MARKETS

ITC, Bank of Baroda, UCO Bank, RVNL, Bajaj Housing Finance, other shares to track on Monday

Share Market News, Stocks in News : Domestic equity benchmarks snapped a New Year rally on Friday, with the Nifty 50 shedding 183.9 points, or 0.8 per cent, to settle at 24,004.8 and the Sensex giving up 720.6 points, or 0.9 per cent, to settle at 79,223.1. Weakness in financial and IT shares outweighed strength in select energy and auto counters. As the focus shifts to a new trading week on Dalal Street, here are a few stocks worth tracking during the January 6 session. ITC shares are scheduled to trade ex-demerger of the company's hotels business. As part of the arrangement, the ITC stock will undergo a special pre-opening session and ITC Hotels will be added to headline indices Sensex and Nifty. Initially, ITC Hotels will be added to every index where ITC is a constituent. The ITC Hotel stock will be dropped from the gauges three days after the listing. Read more on ITC Hotels shares In a quarterly business update, Bank of Baroda has reported an 11.7 per cent increase in its global business to Rs 25.64 lakh crore in the October-December period. Its global deposits and advances have increased 11.8 per cent and 11.7 per cent respectively. Bank of India's global business has grown 12.6 per cent in Q3. Its global advances and deposits have increased 15.3 per cent and 12.3 per cent respectively. UCO Bank's total business has expanded 12.2 per cent to Rs 4.88 lakh crore in the December quarter. Its total advances and deposits have risen 16.2 per cent and 9.4 per cent respectively. The lender's total deposits and advances have risen 5.1 per cent and 10.3 per cent in Q3. The NBFC's total disbursements have increased about seven per cent to Rs 16,450 crore in the December quarter. The company's quarterly retail disbursements and loan book have grown 4 per cent and 23 per cent to Rs 15,170 crore and Rs 92,200 crore respectively. Bajaj Housing Finance has registered 26 per cent growth in its assets under management to Rs 1.08 lakh crore, as of December 2024. The company has signed a memorandum of understanding (MoU) with Visakhapatnam Port Authority. Catch all the latest stock market updates here. For all other news, visit . Get Latest Business News , Stock Market Updates and Videos ; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Business Twitter and Facebook . Subscribe on YouTube . None

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