Here is a list of stocks that may be in focus on Wednesday: Reliance Industries: The Mukesh Ambani-led company, which is on a fund-raising spree amid the covid-19 pandemic, is set to open its massive ₹53,125-crore rights issue today.
The rights issue, which closes for subscription on 3 June, will be the largest share sale India has seen—more than double the 2019 record held by Bharti Airtel Ltd and Vodafone Idea Ltd of around ₹25,000 crore each.
L&T: The construction giant's board recommended a final dividend of Rs15.5 per equity share of face value of Re 1.0 each, subject to approval of the shareholders, for the financial year 2020.