The market ended largely in gains on Thursday with IT stocks taking the lead. The BSE Sensex ended at 34,000 levels at 34,101 points, and the NSE Nifty ended at 10,400 levels at 10,458 points.
Here are the top 10 stocks to watch out for today
Dish TV-Dish TV (DITV) has announced a buyback of 500 million shares (41% of free float, and a 26% of aggregate) at Rs 74 per share, aggregating to Rs 37 billion.
Biocon Ltd- A Morgan Stanley report said that the second half of 2018 seems to be strong for Biocon-Mylan as their biosimilar pipeline starts monetisation in the lucrative markets of the US and EU with significant upside in 2019-2021.
HCL Tech: The IT firm acquired the Palo Alto-based Actian Corporation for $330 million in an all-cash deal.
Fortis: The healthcare firm has received an offer from Hero Enterprises and the Burmans. The companies have offered to invest Rs 1,250 crore.
ICICI Bank: Sebi, as per reports, has initiated an enquiry into the Rs 3,250 crore Videocon loan case.
Apollo Pipes: The company completed installation of a rooftop solar plant at Dadri.
Infosys: The IT company's fourth-quarter results will be out today.
Idea: The Department of Telecom has asked Vodafone and Idea to clear its dues of Rs 19,000 crore before the merger, according to reports.
Adani Ports- The Credit Suisse report said that coal imports have grown in the last six months on lingering domestic shortages (production/logistics) and increased demand.
Auto- A boost in the growth of Original Equipment Manufacturers (OEMs) can help the auto firms such as Maruti, TVS, Eicher Motors, M&M and Ashok Leyland, according to a Jefferies report.