The Indian markets advanced in trade yesterday due to strong global cues.
NSE
The NSE Nifty gained 48 points to close at 10,379, while the BSE Sensex moved 162 points higher to 33,789 points.
The global trade war fears seem to have eased as the Asian markets, after a mixed opening, began to make gains in intraday trade. Banks, oil marketing firms and FMCG companies were the top index gainers yesterday.
Here are the top 10 stocks to watch out for today
SAIL: The firm is expected to declare strong fourth quarter results as the steel prices continue to increase with an uptick in demand, according to an HSBC report. HSBC, after a long time, has given a thumbs up to SAIL.
Axis Bank: Shikha Sharma, managing director and chief executive of the bank, requested her tenure to be cut down to December 31, 2018. The development comes right after the buzz of her being involved in the large non-performing asset issue of the bank.
Also read: Here is what you should know before the opening bell
Tata Motors: The Jaguar Land Rover retail sales for March were disappointing yesterday. The stock was among the biggest losers yesterday.
Adani Ports: The firm underwent a recent price correction and reported good fourth-quarter results in India's export and import policy.
ICICI Bank: Amid the ongoing investigation in the bank, Fitch ratings, a credit ratings agency, is skeptical about its financial health.
Future Lifestyle: The firm posted healthy numbers on its balance sheet, indicating a positive performance in the markets today.
Wipro: The firm, in an exchange filing, said that one of its telecom clients has filed for insolvency. The buzz is likely to affect the company's revenue and profitability in the fourth-quarter, according to Morgan Stanley.
HDFC: HDFC raised its lending rates by up to 0.20%, in line with similar moves by commercial banks.
Also read: Nifty likely to head towards 10,550-10,600, says Ashwani Gujral
Unitech: The company has submitted a list of assets as directed by the apex court.
SpiceJet: The airline said that it is not considering a partnership with a foreign airline to bid for Air India. It is also looking to roll out more flights to international destinations soon.
First Published:Apr 10, 2018 7:42 AM IST