The Indian market is likely to open in the green on Thursday after US President Donald Trump’s comments on the Iran conflict eased worries and improved risk appetite. At 7 am, the SGX Nifty was trading 78.50 points or 0.65 percent higher at 12,147.00, indicating a positive start for the Sensex and Nifty50. Among the stocks in the news today, Bharti Airtel launched QIP worth $2 billion while Vedanta approved raising up to Rs 2,000 crore via NCDs. Here are the top stocks to watch out for today:
Bharti Airtel: The company launched its QIP worth $2 billion at an indicative price of Rs 435 per share.
Alembic Pharmaceuticals: A joint venture with Orbicular Pharmaceutical Tech has completed USFDA inspection without any observations.
SBI: The lender launched 'Residential Builder Finance With Buyer Guarantee (RBBG)'. Builders fulfilling the criteria can avail loan between Rs 50 crore and Rs 400 crore.
Sunteck Realty: The real estate developer entered into MoU with SBI for RBBG.
Vedanta Ltd: Its committee of directors approved raising up to Rs 2,000 crore via NCDs.
Strides Pharma: The board has appointed R Ananthanarayanan as CEO and MD of the company.
JSW Energy: CARE assigned 'AA-/Credit Watch with Negative implications' for Rs 300 crore NCD issues.
Aster DM Healthcare: Board will consider a proposal of share buyback in a meeting scheduled today.
CSB Bank: The bank appointed BK Divakara as CFO w.e.f. February 5.
HFCL: The company announced acquisition of 15 percent stake in Nivetti Systems for Rs 15.95 crore.