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CNBC-TV18's top stocks to watch out for on September 5

Updated : 2019-09-05 07:58:45

Indian shares are likely to extend Wednesday’s gains, tracking higher Asian stocks, amid apparent progress in the political crises in Britain and Hong Kong. At 7.26 AM, the SGX Nifty Futures traded 0.29 percent higher at 10,889, indicating a positive start for the Indian market. Here are the top stocks to watch out for in today's trade:

Jet Airways: Creditors of bankrupt Jet Airways are likely to recover less than 10 percent of the carrier’s total outstanding dues in a liquidation scenario if no suitor succeeds in buying the airline, according to Reuters. (Photo: REUTERS/Francis Mascarenhas/Files)
Jet Airways: Creditors of bankrupt Jet Airways are likely to recover less than 10 percent of the carrier’s total outstanding dues in a liquidation scenario if no suitor succeeds in buying the airline, according to Reuters. (Photo: REUTERS/Francis Mascarenhas/Files)
ICICI Bank: The second-largest private sector lender ICICI Bank has cut its lending rates by 0.10 percent across all maturities.
ICICI Bank: The second-largest private sector lender ICICI Bank has cut its lending rates by 0.10 percent across all maturities.
IDBI Bank: The lender announced plans to sell its 48 percent stake in its insurance joint venture IDBI Federal Life Insurance Co. The decision was announced a day after the Union cabinet approved infusing Rs 9,300 crore into IDBI Bank. (stock image)
IDBI Bank: The lender announced plans to sell its 48 percent stake in its insurance joint venture IDBI Federal Life Insurance Co. The decision was announced a day after the Union cabinet approved infusing Rs 9,300 crore into IDBI Bank. (stock image)
IndiGo: Days after InterGlobe Aviation Ltd’s chief executive Ronojoy Dutta claimed that the dispute between Rahul Bhatia and Gangwal was resolved, Gangwal wrote to Sebi on August 30, seeking directions on issues ranging from related-party transactions (RPTs) and chairman M. Damodaran’s conduct to curbing Bhatia’s InterGlobe Enterprises Group’s (IGE’s) “unusual controlling rights
IndiGo: Days after InterGlobe Aviation Ltd’s chief executive Ronojoy Dutta claimed that the dispute between Rahul Bhatia and Gangwal was resolved, Gangwal wrote to Sebi on August 30, seeking directions on issues ranging from related-party transactions (RPTs) and chairman M. Damodaran’s conduct to curbing Bhatia’s InterGlobe Enterprises Group’s (IGE’s) “unusual controlling rights", reported Mint.
Wipro: IT major Wipro Limited on Wednesday secured a strategic seven-year deal valued at $300 million from ICICI Bank to provide a suite of digital services. The transaction is expected to be completed during the quarter ended 30 September. (Image: Reuters)
Wipro: IT major Wipro Limited on Wednesday secured a strategic seven-year deal valued at $300 million from ICICI Bank to provide a suite of digital services. The transaction is expected to be completed during the quarter ended 30 September. (Image: Reuters)
Punjab National Bank: Moody's has changed the outlook on PNB to positive from stable, but retained the local and foreign currency deposit ratings of PNB at Ba1/NP, which is a non-investment grade rating. An upward revision of outlook indicates a possibility of a ratings upgrade in the near future. (Image:REUTERS)
Punjab National Bank: Moody's has changed the outlook on PNB to positive from stable, but retained the local and foreign currency deposit ratings of PNB at Ba1/NP, which is a non-investment grade rating. An upward revision of outlook indicates a possibility of a ratings upgrade in the near future. (Image:REUTERS)
JSW Steel: JSW Steel, India's biggest maker of the alloy, is set to raise $500 million by selling dollar bonds, ending a year-long wait for garnering debt funds overseas. The company would use the proceeds to expand production capacity at its Vijayanagar plant in Karnataka, ET reported. (Image: Reuters)
JSW Steel: JSW Steel, India's biggest maker of the alloy, is set to raise $500 million by selling dollar bonds, ending a year-long wait for garnering debt funds overseas. The company would use the proceeds to expand production capacity at its Vijayanagar plant in Karnataka, ET reported. (Image: Reuters)
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