Key Stocks in Focus: Paytm Expands Loan Distribution Amid Bullish Market Sentiment

Indian markets continue to demonstrate a bullish trend, with the benchmark indices registering record highs owing to positive domestic influences that include an overwhelming election victory for the BJP in state assemblies and robust Q2 GDP figures. The Nifty 50 soared by 82.6 points to settle at 20,937.7, while the BSE Sensex closed up 357.59 points at 69,653.73, despite a slight dip in the Nifty Bank index, which ended 177.7 points lower.

Thursday's Stocks to Watch

As investor enthusiasm persists, several stocks are poised to capture attention in the upcoming trading session.

Delta Corp

Delta Corp's subsidiary, Deltatech Gaming Limited, gains temporary relief in a case concerning Goods and Services Tax (GST) demands which could impact its share performance.

PVR INOX's Expansion

The entertainment giant PVR INOX celebrates the opening of a new multiplex in Gwalior, maintaining its status as the largest multiplex operator in the region with a total of 1,709 screens.

Paytm's Business Strategy

Paytm, a dominant player in India's financial services sector, announces a strategic shift towards offering larger loans to consumers and merchants, signaling potential growth in its loan distribution segment.

TCS and GNFC Buyback

The ongoing buyback offer for Tata Consumer Services and Gujarat Narmada Valley Fertilizers & Chemicals will come to a close, which might influence their stock attractiveness.

HAL in Spotlight

Hindustan Aeronautics Limited (HAL) is set to display its range of aviation electronics at the upcoming Avionics Expo 2023, potentially affecting its market perception.

Major Orders for Bharat Electronics

Bharat Electronics Ltd (BEL) discloses the procurement of orders totaling Rs 3,915 crore, contributing to a substantial annual tally that could sway investor interest.

These highlights provide a snapshot of the diverse developments influencing key stocks, with market participants likely tuning in for updates that could impact their investment decisions.

stocks, market, Paytm