The Indian equity benchmark indices, Sensex and Nifty may open on a positive note Wednesday on strong global cues after the S&P 500 stateside rose to a new record overnight. Asian markets gained with the MSCI Asia ex-Japan index trading 0.19 percent higher. Meanwhile, the SGX Nifty was trading with gains of 34.00 points or 0.30 percent at 11,445.50, at 8:05 am.

Here are the top 10 buzzing stocks for today:

1. Reliance Industries:

The company’s subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health and its subsidiaries Netmeds for a cash consideration of approximately Rs 620 crore. The investment represents around 60 percent holding in the equity share capital of Vitalic and 100 percent direct equity ownership of its subsidiaries -- Tresara Health, Netmeds Market Place and Dadha Pharma Distribution. (Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.)

2. Zee Entertainment Enterprises: The company’s Q1FY21 net profit fell 94.3 percent to Rs 30.4 crore from Rs 530.6 crore while revenue declined 34.7 percent to Rs 1,312 crore from Rs 2,008 crore, YoY. The company has appointed Subhash Chandra as Chairman Emeritus and R Gopalan as Chairman of the board.

3. Yes Bank: The bank has repaid the Reserve Bank of India (RBI) Rs 35,000 crore out of the Rs 50,000 crore of Special Liquidity Facility (SLF) that was extended to the bank to make up for any shortfall in deposits during the crisis in March this year.

4. Indiabulls Real Estate: The company has signed definitive merger documentation with Embassy Group. IBREL existing shares to be valued at Rs 92.50 per share. NAM shareholders will get 6.619 shares of IBREL for every 10 shares of NAM.

5. Mahindra & Mahindra Financial Services: The company has raised Rs 3,089 crore by issuing equity shares to existing investors.

6. Hindustan Aeronautics: The company’s Q1FY21 profit fell 1 percent to Rs 1,226 crore from Rs 1,238.9 crore while revenue increased to Rs 10,239 crore from Rs 10,159 crore, YoY.

7. Dilip Buildcon: The company through its joint venture HCC-DBL has received the letter of acceptance (LOA) for a project worth Rs 1,334.95 crore from Rail Vikas Nigam in Uttarakhand.

8. SML Isuzu: ICRA has cut the company’s long-term rating to A+ from AA-.

9. Dixon Technologies: The company’s board will meet on August 21 to consider raising funds via equity or debt.

10. Agro Tech Foods: CRISIL has reaffirmed the company’s long term credit rating to AA- but revised outlook to Stable from Negative.