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CNBCTV18's top stocks to watch out for on September 23

Updated : 2019-09-23 07:39:32

Indian shares are set to rally on Monday after finance minister Nirmala Sitharaman reduced corporate tax rates for domestic companies and new manufacturing companies. Asian shares also advanced following progress on US-China trade negotiations after the two sides said talks were productive and constructive. At 7:30 AM, the SGX Nifty futures traded 117.50 points, or 1.04 percent, higher at 11,457.50, pointing to a strong opening for the Sensex and the Nifty 50. Here are the top stocks to watch out for in today's trade.

Reliance Capital: CARE Ratings has downgraded the rating to default for the company's long-term debt program, market-linked debentures and subordinated debt of the company, due to a 'delay' in payment of interest by one day. The company said the action is unjustified as the payment could not go through on the final day owing to a technical glitch in bank servers.
Reliance Capital: CARE Ratings has downgraded the rating to default for the company's long-term debt program, market-linked debentures and subordinated debt of the company, due to a 'delay' in payment of interest by one day. The company said the action is unjustified as the payment could not go through on the final day owing to a technical glitch in bank servers.
Biocon: The USFDA conducted a pre-approval inspection at two of the company’s new Biologics manufacturing facilities in Bengaluru. Biocon received a Form 483 with four observations for the new DS facility, three observations for the new DP facility and one general observation. (Image: Company)
Biocon: The USFDA conducted a pre-approval inspection at two of the company’s new Biologics manufacturing facilities in Bengaluru. Biocon received a Form 483 with four observations for the new DS facility, three observations for the new DP facility and one general observation. (Image: Company)
Arvind Ltd: CARE Ratings has revised long term NCD ratings of the company to CARE AA- Stable from CARE AA. The agency also revised long term ratings to CARE A from CARE A+ and short term to CARE A1 from CARE A1+. (Image: Company)
Arvind Ltd: CARE Ratings has revised long term NCD ratings of the company to CARE AA- Stable from CARE AA. The agency also revised long term ratings to CARE A from CARE A+ and short term to CARE A1 from CARE A1+. (Image: Company)
Kansai Nerolac: The paint company said the new manufacturing unit of at Goindwal Sahib near Amritsar in Punjab has commenced commercial production. (Image: Company)
Kansai Nerolac: The paint company said the new manufacturing unit of at Goindwal Sahib near Amritsar in Punjab has commenced commercial production. (Image: Company)
Edelweiss Financial Services: Brickwork Ratings revised NCD ratings from 'BWR AA +' to ' BWR AA' with the outlook remaining unchanged as ‘negative'. Brickwork ratings has revised EFSL’s rating due to increasing risk in corporate lending book given the weak external environment in the sector and an increase in NPAs seen in Q1FY20. (Image: Company)
Edelweiss Financial Services: Brickwork Ratings revised NCD ratings from 'BWR AA +' to ' BWR AA' with the outlook remaining unchanged as ‘negative'. Brickwork ratings has revised EFSL’s rating due to increasing risk in corporate lending book given the weak external environment in the sector and an increase in NPAs seen in Q1FY20. (Image: Company)
Cipla: Following the inspection by the USFDA at the API manufacturing facility in Virgonagar, Bengaluru, the company has received and Establishment Inspection Report (EIR), indicating closure of the inspection. (Image: Reuters)
Cipla: Following the inspection by the USFDA at the API manufacturing facility in Virgonagar, Bengaluru, the company has received and Establishment Inspection Report (EIR), indicating closure of the inspection. (Image: Reuters)
Petronet LNG: India's biggest liquefied natural gas importer has signed a preliminary deal to buy a stake in Tellurian Inc's proposed Driftwood project in Louisiana and import 5 million tonnes a year of LNG. The deal is worth about $2.5 billion, PTI reported. (Image: Company)
Petronet LNG: India's biggest liquefied natural gas importer has signed a preliminary deal to buy a stake in Tellurian Inc's proposed Driftwood project in Louisiana and import 5 million tonnes a year of LNG. The deal is worth about $2.5 billion, PTI reported. (Image: Company)
Dr Reddys Labs: The company is suspending supply of its drug Ranitidine worldwide as a precautionary measure, following the ongoing probe by the USFDA into the reported impurity N-nitrosodimethylamine in it at low levels. Ranitidine is an Over-The-Counter (OTC) and prescription drug which decreases the amount of acid created by the stomach. (Image: Reuters)
Dr Reddys Labs: The company is suspending supply of its drug Ranitidine worldwide as a precautionary measure, following the ongoing probe by the USFDA into the reported impurity N-nitrosodimethylamine in it at low levels. Ranitidine is an Over-The-Counter (OTC) and prescription drug which decreases the amount of acid created by the stomach. (Image: Reuters)
Torrent Pharma: The frug is expanding its voluntary recall for tablets used to control hypertension in the US due to detection of traces of N-Methylnitrosobutyric acid, according to health regulator USFDA. (Image: Company)
Torrent Pharma: The frug is expanding its voluntary recall for tablets used to control hypertension in the US due to detection of traces of N-Methylnitrosobutyric acid, according to health regulator USFDA. (Image: Company)
Maruti Suzuki India: The company will launch mini SUV S-Presso later this month, coinciding with the start of the festive season.  The company said the indigenously conceived, designed and the developed vehicle is made for India as well as the world. (Image: Reuters)
Maruti Suzuki India: The company will launch mini SUV S-Presso later this month, coinciding with the start of the festive season.  The company said the indigenously conceived, designed and the developed vehicle is made for India as well as the world. (Image: Reuters)
Cox and Kings: The tours and travel company has defaulted on its payment obligation on commercial papers worth Rs 30 crore. (Image: Company)
Cox and Kings: The tours and travel company has defaulted on its payment obligation on commercial papers worth Rs 30 crore. (Image: Company)
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