CNBC-TV18's top stocks to watch out for on November 26

SUMMARY

The Indian market is set to open in the green on Tuesday, following global markets that surged as trade talks between the US and China gained momentum. The Sensex ended at a record high on Monday while the Nifty50 is only 30 points away from its lifetime high. At 6:57 am, the SGX Nifty was trading 17.50 points or 0.14 percent higher at 12,124.50, indicating a positive start for the Sensex and Nifty50. Among the stocks in the news today, Ashok Leyland entered into a strategic financing partnership with ICICI Bank while Subhash Chandra resigned as chairman of ZEEL. Here are the stocks to watch out for:

By CNBC-TV18Nov 26, 2019 7:33:26 AM IST (Updated)

Ashok Leyland/ICICI Bank: The two companies have signed a Memorandum of Understanding (MoU) to enter into a strategic financing partnership for two years.

Zee Entertainment Enterprises: Subhash Chandra has resigned as board chairman of Zee Entertainment with immediate effect. The Zee Entertainment board has accepted Subhash Chandra's resignation and said in its release that he will continue as a non-executive director of the board.

Goodyear India: The company’s Ballabgarh plant in Haryana will remain closed from November 25 to November 30.

Aarti Industries: The firm has incorporated two wholly-owned subsidiaries — Aarti Organics and Aarti Bharuch.

Thomas Cook (India): CRISIL has reaffirmed long-term rating of bank loan facilities at AA- with a stable outlook.

RCom: Debt-ridden telecom player Reliance Communications has received at least four bids to acquire its various assets under the Insolvency and Bankruptcy Code, three people familiar with the matter told CNBC-TV18.

IndiGo: India’s aviation regulator, DGCA, has asked IndiGo to ground an A320neo with unmodified engines for each new A320neo that it inducts.

DHFL: DHFL has a total loan portfolio of Rs 95,615 crore, Lok Sabha was informed on Monday. The Rs 95,615 crore loan portfolio includes housing loans of Rs 44,851 crore, non-housing of Rs 13,590 crore and SME loans of Rs 4,924 crore under the retail loans. | Reuters

Setco Automotive: CARE has revised credit rating of long-term bank facilities to B from BB with a negative outlook.

Ujaas Energy: CRISIL has downgraded the company's long-term rating to BB with a negative outlook from BB+ with a stable outlook.