The Indian market is set for a positive start on Monday, taking cues from its Asian peers. However, market sentiments may remain mixed as government may move to establish regulations in the Reserve Bank of India's functioning at today's meeting.
NSE
At 07.01 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.54 percent to 10,756, indicating a positive opening for the Indian market.
Here are the top stocks to watch out for in today's trade:
Jet Airways: Tata Group on Friday confirmed its interest in Jet Airways, but said the ongoing discussions on buying stake in debt-laden airline is preliminary and no proposal has been made.
Yes Bank: The bank's overall long-term rating of 'ICRA AA+' is retained by ICRA Ratings.
Vodafone Idea: The company clarified on "Bharti Infratel may buy fibre assets of VIL" saying that the company has not considered any such proposal and it is factually incorrect.
HDFC: Housing finance firm HDFC said on Sunday it has disbursed over Rs 1,100 crore subsidy to over 51,000 customers under the government's flagship scheme Pradhan Mantri Awas Yojana (PMAY).
Dr Reddy's Labs: The US FDA has concluded its audit of formulations Srikakulum Plant (SEZ) Unit II, Andhra Pradesh with zero observations.
Infosys: The IT major completed the formation of a joint venture with Temasek, an investment company situated in Singapore.
GHCL: Cyclone 'Gaja' has impacted one of the spinning units of the company located at Manapparai and also at the salt works located at Vedaranium in Tamil Nadu which caters to consumer products division. The Manapparai spinning unit was shut down on Friday.
SRF: SRF's unit in Viralimalai, Tamil Nadu of the technical textiles business (engaged in the manufacturing of belting fabrics) has been damaged by cyclone 'Gaja.' The company reported that it has adequate insurance cover for the unit.
Mahindra & Mahindra: M&M's listed subsidiary EPC Industries has incorporated a subsidiary company namely ''Mahindra Top Greenhouses Private Limited'' in India. The joint venture was announced on May 15, 2018.
Siemens: Siemens on Sunday reported more than 55 percent decline in standalone profit to Rs 279.2 crore for the quarter ended on September 30, 2018. The company had reported a net profit of Rs 623.8 crore during the same period a year ago, aided by an exceptional gain of Rs 560.3 crore, according to a BSE filing.
(With inputs from agencies)
First Published:Nov 19, 2018 7:47 AM IST