Stocks in news: Tata Motors, Wipro, RIL, SJVN, NTPC, Canara Bank

Domestic markets saw their biggest intraday fall in over 4 years as election outcome showed the NDA returning to power but with a lower majority. In today's trade, shares of Tata Motors, Wipro, RIL, SJVN, NTPC, and Canara Bank among others will be in focus due to various news developments.

SJVN

SJVN expects its under-construction 900 MW Arun-3 hydro-electric project in Nepal to start power generation from next year as nearly three-fourths of work has been completed.

PSU stocks

Shares of PSU stocks will be in focus again today after a rout on Monday, triggered by a lower-than-expected majority for Modi-led NDA in Lok Sabha elections.

Tata Motors

Tata Motors board has approved to set up a wholly-owned subsidiary to house commercial vehicles business. The company has proposed the name of the new unit as TML Commercial Vehicles Ltd (TMLCVL).

Ashok Leyland

Heavy commercial vehicle manufacturer Ashok Leyland has launched the 'Sarathi Suraksha' Policy aimed at safeguarding the driver community, which insurance coverage of up to Rs 10 lakh.

RIL

RIL, which holds one of the biggest weightages in the Nifty50 index, will be in focus today after around Rs 1.27 lakh crore was wiped off of the company's investors on Monday.

Wipro

Wipro joined hands with Zscaler to introduce Wipro Cyber X-Ray, AI-assisted decision support platform.

Infosys

Infosys announced a collaboration with Nihon Chouzai (TSE) to expand healthcare access in Japan with enhanced online medication guidance services.

NTPC

NTPC is likely planning a nuclear foray by setting up 10 GW capacity with an investment of Rs 1.5 lakh crore over a period of 10 years.

Canara Bank

Canara Bank is reported to have initiated the process of seeking regulatory approval to convert its software services subsidiary into a non-banking finance company.