Indian shares are likely to open lower on Friday, in line with the trend in the Asian equities, amidst caution ahead of a US deadline to impose tariffs on Chinese imports later in the day.

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On Thursday, the Sensex snapped its two-day winning streak to end 71 points lower at 35,574.55 while the 50-share Nifty fell 20.15 points to end at 10,749.75.

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

Reliance Industries:

RIL's share price opened in green at Rs 998.7 apiece yesterday, ahead of the 41st AGM of the oil-to-telecom conglomerate.It surged to a high at Rs 1,008.5 per share as the AGM progressed but finally closed Rs 965 apiece, an intra-day fall of 2.57 percent.

Apollo Hospital: The company has bought 50 percent stake in Medics International Lifesciences, a 330-bed super-speciality hospital in Lucknow, for Rs 91 crore.

Muthoot Finance: Muthoot Money has obtained the mandatory approval from the RBI for change in management/control through acquisition of shares /capital infusion by Muthoot Finance (MFIN) vide Reserve Bank of India letter dated July 3.

Infosys: The IT company's shares fell as much as 5.73 percent on Thursday to Rs 1268.1, its biggest daily percent loss since April 16, dragging the Nifty index.

Berger Paints: The chemical company has signed a shareholders' agreement with Rock Paint Co for the purpose of setting up of a joint venture company in India by the name of 'Berger Rock Paints Private Limited'.

Shriram Transport Finance: According to Abhimanyu Sofat, Vice President-Research, IIFL, the company is a good buying opportunity after the firm said its unlisted entity SVL would honour debenture repayment obligations.

India Infoline Finance: The company has raised Rs 325 crore from CDC Group (A UK Govt-owned development finance institution) via rupee denominated Tier II bonds, Moneycontrol reported.

Varroc Engineering: The auto component maker will make its stock market debut on Friday after a successful initial public offer that closed last week. The company's Rs 1,955-crore IPO was subscribed 3.6 times during June 26-28. Price band for the offer was fixed at Rs 965-967 per share.

Den Networks, Hathway Cable, Siti Networks: Shares of all the three broadband service providers are likely to be in focus following Thursday's declines. The stocks fell after Reliance Industries chairman Mukesh Ambani unveiled an ultra high-speed fixed line fibre broadband for homes and enterprises across 1,100 cities on Thursday.

Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.

Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

First Published:Jul 6, 2018 8:04 AM IST