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Here’s a look at buzzing stocks for trade on December 17
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Here’s a look at buzzing stocks for trade on December 17
Dec 16, 2020 11:08 PM

The Indian market is likely to open on a tepid note Thursday following a mixed trend in Asian peers as investors reacted to the latest announcements from the US Federal Reserve. On the expected lines, the US central bank kept benchmark interest rates near zero. At 8:05 am, the SGX Nifty was trading 15.50 points or 0.11 percent lower at 13,670.50, indicating a flat start for the Sensex and Nifty50.

Here are the top 10 buzzing stocks for today:

1. Sugar stocks

: The Union Cabinet has approved Rs 3,500 crore subsidy for sugar farmers and Rs 6,000 per tonne subsidy for sugar exports to be given for 60 lakh tonnes of sugar exports.

2. Wipro: The company has completed the acquisition of 83.4 percent equity stake in Encore Theme.

3. Hero MotoCorp: The company has announced a price hike up to Rs 1,500 effective January 1, 2021.

4. L&T: The National High Speed Rail Corporation has signed the second contract agreement with the company for the Bullet train project.

5. IndusInd Bank: Promoters Hinduja Family got one month extension to subscribe to 75 percent warrants of the bank.

6. Jubilant FoodWorks: The company has launched its Biryani brand, Ekdum.

7. Motherson Sumi Systems: Fitch Ratings has revised the outlook for its subsidiary Samvardhana Motherson Automotive Systems Group B.V. to Stable from Negative.

8. Navin Fluorine: The company’s board approved a capital expenditure of Rs 195 crore for the purpose of setting up a multi-purpose plant.

9. Siti Networks: The company’s board has approved the acquisition of 51 percent equity stake in E-Net Entertainment.

10. Aster DM Healthcare: The company through its subsidiary, Aster DM Healthcare FZC, has acquired a company in the Grand Cayman, Cayman Islands - Aster Caribbean Holdings Ltd.

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