Employees monitor stocks at a brokerage firm in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)
The Nifty futures on the Singapore Stock Exchange, an early indicator of Nifty's performance in India, gained 0.35 percent to 8,606.
Here are the stocks to watch out for in today's session:
Mphasis
- Board of directors approve buyback plan
- To buyback 1,73,70,078 equity shares for Rs 635 each
- Total consideration now worth Rs 1,103 crore
- Reliance Capital: To issue NCDs worth Rs 5 crore
- United Breweries (Holding): Reviewing the SEBI order in the matter of 'fund diversion or improper transactions in United Spirits' and seeking legal advice for the same.
- Century Plyboards (India): To increase stake in subsidiary Century Ply (Singapore) Pte. Ltd. From 51 percent to 97.26 percent for $5.14 million
- Blue Bends India: To issue NCDs worth Rs 43 crore to Edelweiss Stressed and Troubled Assets Revival Funds - I.
- JP Power Ventures: BNP Paribas Aribtrage sells 1,84,29,961 shares of the company at Rs 4.48 each.
- Jubilant Foodworks: Merrill Lynch Markets Singapore Pte sells 5,19,205 shares of the company for Rs 855.12 each.
- Idea Cellular: Announces the launch of three new apps providing an assortment of Hindi, Vernacluar and International content.
- Wipro: Announces partnership with Veri Tax LLC to streamline verification solutions.
- Sobha: Acquires 10,30,000 equity shares held by Winowa Sa Investment LLC in Sobha Highrise ventures Pvt. Ltd. for Rs 34.68 crore to make Sobha Highrise a wholly-owned subsidiary.
Media Reports
- Sona Koyo Steering: Japan's JTEKT set to buy out the group from the JV. Company valued at close to Rs 1,800 crore. (Economic Times)
- Firstsource Solutions: Secures ten-year outsourcing contract from Sky. (Financial Expresss)
- Tech Mahindra: In talks to raise funds for three startups. (Economic Times)
- IDBI Bank: Top brass brushed aside junior executives concerns on KFA loans. (Economic Times)
- Indian Oil: Plans to import six million tonne of heavy-grade crude oil in FY18
Earnings Reactions To Watch
- ICICI Bank
- ONGC
- Bank of Maharashtra
- Interglobe Aviation
- UCO Bank
- HCL Infosystems
- Shoppers Stop
- Mphasis
ICICI Bank's third quarter profit falls 19%, bad loans rise.https://t.co/t11xm9VlTT pic.twitter.com/ZBpVRA8Dyo
Earnings To Watch Today
- Eicher Motors
- Cummins India
- 63 Moons Technologies
- Apollo Tyres
- CCL Products (India)
- Majesco
- Shree Renuka Sugars
- Pidilite Industries
- RPG Life Sciences
- State Bank of Travancore
- Tata Global Beverages
JSW Steel registers highest ever revenue in third quarter, reports @ChitnisPurvahttps://t.co/izpWmJjZCZ pic.twitter.com/aGpvfbhTOG
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
