Stocks to Watch on Tuesday, December 26, 2023: Benchmark equity indices are likely to resume trade after the extended holiday break on a quiet note, as global cues remain tepid.
At 07:00 AM, Gift Nifty futures quoted at 21,410, indicating a flat to marginally positive start for the Nifty 50.
Meanwhile, here are the stocks that are likely to be in focus on Tuesday.
Muthoot Microfin, Suraj Estate Developers: These two stocks will debut on the bourses today. The former was subscribed up to 11.5 times, while the latter 15.7 times.
Paytm: Changes in its business due to shifts in regulatory stance and the adoption of artificial intelligence have been responsible for the fintech major to rationalize its employee cost structure. Sources told the company was exploring different ways to save on its employee costs and had laid off a few employees on “performance” grounds
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