Recession will create panic as soon as the market opens! The suspense will break today on these big stocks including Adani Ports and HDFC Bank.

There is going to be tremendous action in the Indian Stock Market today. Amidst the ups and downs of Nifty and Sensex on Dalal Street, big news related to many big corporate houses has come out today, which will directly impact today’s market sentiment. The eyes of domestic and global institutional investors (FIIs & DIIs) are especially focused on Adani Group and the country’s largest private bank HDFC Bank today. Market experts believe that due to the movements in these companies, huge volatility can be seen in the respective sectors during intraday trading today.

Adani Ports investors’ luck shines: S&P gives big gift

Very good news has come for the investors of Adani Group this morning. Leading global rating agency S&P Global Ratings has upgraded the long-term issuer credit rating of Adani Ports and Special Economic Zone. The agency has raised the company’s rating to ‘BBB’ from ‘BBB-‘ and maintained the outlook at ‘Stable’. The rating upgrade simply means that now Adani Ports will be able to get loans from the international markets at very low interest rates, which will prove to be a game-changer for the company’s expansion plans till 2030. The rating agency has praised the strong cash flow and financial discipline of the company, due to which there is every expectation of a huge rise in this stock today.

New twist in HDFC Bank corporate dispute: Watch the decisions of the board meeting

On the other hand, the high-profile corporate dispute going on in the banking sector’s biggest giant HDFC Bank has now reached a new and decisive turn. The report of the Independent Legal Review, formed after the resignation of the former chairman and questions raised regarding the internal practices of the bank, has come out. There are reports of the current leadership and management getting a clean chit in this investigation report, after which the bank board is preparing to give the green signal to the current CEO Shashidhar Jagadishan for the third term. After this big relief, the ongoing period of uncertainty in HDFC Bank shares may end, due to which Banking Nifty is also expected to get a big support today.

Keep a close eye on these selected stocks today: You may get a chance to earn.

Apart from these two big giants, some selected stocks of IT and Pharma sectors will also be on the radar in today’s trading session. Along with this, due to the record date of ex-dividend and bonus shares of many big companies this week, retail investors will have a great opportunity to change their positions. Market experts advise that only after sensing the initial direction of the market, initiate short-term or long-term trades by placing any stop-loss in these shares.