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Top stocks to watch out for on October 9: IL&FS, Tata Motors, Maruti Suzuki India
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Top stocks to watch out for on October 9: IL&FS, Tata Motors, Maruti Suzuki India
Oct 8, 2018 10:36 PM

Indian shares are likely to open little changed on Tuesday after closing higher in the previous session amid muted global global cues.

Share Market Live

NSE

At 07.10 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, eased 0.08 percent to 10,375, indicating a weaker opening for the markets today.

Here are the top stocks to watch out for today:

HCL Tech: IT services major HCL Technologies on Monday said it will set up a Global IT development centre at Gannavaram in Andhra Pradesh, which will help create more than 5,000 jobs.

Tata Motors: Tata Motors-owned Jaguar Land Rover (JLR) on Monday reported 12.3 percent decline in global sales at 57,114 units in September, hit by lower demand in China.

Infosys: Infosys Foundation on Monday announced Rs 1.5 crore reward to push innovation in social work following increase in funds under the government rules.

IL&FS: The crisis-hit company said they will be unable to service obligations with respect to the inter-corporate deposit of Rs 20 crore that was due on October 8.

Federal Bank: The bank on Monday said the Reserve Bank of India (RBI) has approved proposal to sell up to 45 percent stake in NBFC arm Fedfina to private equity firm True North.

Maruti Suzuki India Ltd: The auto major's popular Swift scored a two out of five in the Global New Car Assessment Programme’s (GNCAP’s) crash tests conducted as part of its “Safer Cars For India” campaign.

JSW Steel: The company is considering to pitch in a fresh bid for Essar Steel, The Economic Times reported.

Coal India: Coal India and NLC India signed an MoU on Monday for the formation of a joint venture for solar power generation of 3,000 MW and thermal power projects of 2,000 MW.

GMR Infrastructure Ltd: The company on Monday told Mint it settled an ongoing arbitration with the private equity investors in its airport business.

Infibeam Avenues: Markets regulator Sebi is likely to start an investigation into the steep fall of 70 percent stock fall, the company witnessed on September 28, Moneycontrol reported.

(With inputs from agencies)

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First Published:Oct 9, 2018 7:36 AM IST

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