Indian shares are likely to continue their record run on Wednesday following rallying US stocks. At 7:05 AM, the SGX Nifty was trading 0.15 percent higher at 12,207, indicating a positive start for the Sensex and Nifty50. Among the stocks in the news today, TCS was selected by US based Petco to drive its intelligent merchandising strategy while Goodyear India will close manufacturing operations plant at Ballabgar, Haryana.

Here are the top stocks to watch out for in today's trade:

Cipla acquires the brand name and trademark rights of Vysov for the Indian market.

Whirlpool of India managing director Sunil D'Souza resigns from the company and would be replaced by Vishal Bhola.

Adani Green says its $362.5 million (about Rs 2,570 crore) bonds issue attracted interest of investors worldwide.

Reliance Industries and BP plc sign an agreement to jointly grow RIL’s network of petrol pumps to 5,500 from current 1,400.

UCO Bank raises Rs 500 crore by issuing Basel III compliant bonds.

Shriram Transport Finance: S&P Global Ratings revises the outlook to 'Negative' from ‘Stable’ on weaker economic conditions.

NIIT Tech’s board will meet on December 23 to consider a share buyback proposal.

Magma Fincorp: ICRA revises outlook to ‘Negative’ from ‘Stable’ on deteriorating asset quality indicators.

JM Financial board to meet on December 19 to consider fund raising.

Elgi Equipments’ US unit ELGi Compressors USA agrees to buy 100 percent stake in Michigan Air Solutions for Rs 42.44 crore.

First Published:Dec 17, 2019 8:33 AM IST