Equity benchmark indices on Wednesday closed 0.5 percent higher after a strong buyout in PSU bank stocks. At 7:00 am, the SGX Nifty was trading 37.50 points or 0.32 percent higher at 11,888, indicating a positive start for the Sensex and the Nifty. These are the top stocks to watch out for Thursday's trade in the Indian equity market:

Vodafone Idea

: CARE Ratings downgrades Vodafone Idea’s non-convertible debentures’ rating with negative outlook.

TVS Motors: TVS Motors partners with Cadisa Group to open nearly 30 outlets in Guatemala and El Salvado.

Intellect Design Arena: Intellect Design Arena collaborates with Commonwealth Trade Bank in a multi-million deal.

Piramal Enterprises: Piramal Enterprises seeks shareholders’ nod to raise Rs 1,750 crore from a Canadian investor.

Bharti Airtel: Fitch Ratings places Bharti Airtel on ‘rating watch negative’ over unpaid regulatory dues.

HDFC: HDFC acquires 9.89 stake in Bandhan Bank as part of the merger scheme.

Reliance Industries: Reliance Brands increases 15 percent stake in Future101 Design.

Quess Corp: Quess Corp increases 18.71 percent stake in its subsidiary Vedang Cellular Services