• SENSEX
    NIFTY 50
Market

Top stocks to watch out for on June 11: DHFL, MindTree, Jet Airways

Updated : 2019-06-11 08:40:15

Indian shares are likely to open little changed on Tuesday, tracking muted trades in global markets. Asian shares traded marginally higher as investors turned hopeful of further progress on US-China trade talks after Donald Trump inked trade deal with Mexico. In India, traders await retail inflation and industrial production data due to be released this week for cues about the health of Indian economy. Indian benchmark indices BSE Sensex and NSE’s Nifty 50 closed marginally higher in the previous session led by IT stocks. At 7.05 AM, the SGX Nifty futures traded 9.50 points higher at 11,951, indicating a flat start for the Sensex and the Nifty 50. Here are the top stock to watch out for in today's trade:

DHFL: Dewan Housing Finance Corporation (DHFL) has closed the deal to sell stake in Aadhar Housing Finance to investment firm Blackstone, sources told CNBC-TV18. The DHFL promoter group will get Rs 800 crore from the transaction and the company will utilise parts of Aadhar deal proceeds and securitisation of portfolio to pay its non-convertible debentures (NCDs) dues on June 11.
DHFL: Dewan Housing Finance Corporation (DHFL) has closed the deal to sell stake in Aadhar Housing Finance to investment firm Blackstone, sources told CNBC-TV18. The DHFL promoter group will get Rs 800 crore from the transaction and the company will utilise parts of Aadhar deal proceeds and securitisation of portfolio to pay its non-convertible debentures (NCDs) dues on June 11.
Jet Airways: In a major setback to the lenders' revival of the grounded Jet Airways, two operational creditors—Shaman Wheels and Gaggar Enterprises—Monday moved the NCLT seeking bankruptcy proceedings against the airline. (Image: Reuters)
Jet Airways: In a major setback to the lenders' revival of the grounded Jet Airways, two operational creditors—Shaman Wheels and Gaggar Enterprises—Monday moved the NCLT seeking bankruptcy proceedings against the airline. (Image: Reuters)
A section of the investors’ community has complained to the Securities and Exchange Board of India (Sebi), fanning the flames of discord between L&T and Mindtree promoters on the proposed transaction, reported CNBC-TV18. (Stock Image)
A section of the investors’ community has complained to the Securities and Exchange Board of India (Sebi), fanning the flames of discord between L&T and Mindtree promoters on the proposed transaction, reported CNBC-TV18. (Stock Image)
Indiabulls Housing Finance said the writ petition filed in the Supreme Court is an attempt to
Indiabulls Housing Finance said the writ petition filed in the Supreme Court is an attempt to "malign" the company's reputation and create hurdles in its merger with Laxmi Vilas Bank. A plea was filed in the Supreme Court Monday by Abhay Yadav seeking legal action against IBHFL, Chairman and directors for alleged misappropriation of Rs 98,000 crore of public money. (Image: Reuters)
Petronet LNG said it has expanded its Dahej import terminal capacity to 17.5 million tonnes per annum from the current 15 million tonnes. (Image: Company)
Petronet LNG said it has expanded its Dahej import terminal capacity to 17.5 million tonnes per annum from the current 15 million tonnes. (Image: Company)
A majority of Jaypee Infratech's lenders have voted against NBCC's bid but most home buyers wanted the state-owned company to takeover  the debt-laden realty firm, sources told PTI. (stock image)
A majority of Jaypee Infratech's lenders have voted against NBCC's bid but most home buyers wanted the state-owned company to takeover  the debt-laden realty firm, sources told PTI. (stock image)
Hero MotoCorp said that it is the first two-wheeler manufacturer to receive the BS-VI certification from the International Centre for Automotive Technology and is now eligible to start production of the certified model compliant with the fuel emission norms coming into force from April 2020. (Image: Reuters)
Hero MotoCorp said that it is the first two-wheeler manufacturer to receive the BS-VI certification from the International Centre for Automotive Technology and is now eligible to start production of the certified model compliant with the fuel emission norms coming into force from April 2020. (Image: Reuters)
Parag Milk Foods Monday said it has launched its farm-to-home premium milk brand 'Pride of Cows' in Singapore. The company claimed to be the first Indian company to sell fresh milk in Singapore. (Image: Company)
Parag Milk Foods Monday said it has launched its farm-to-home premium milk brand 'Pride of Cows' in Singapore. The company claimed to be the first Indian company to sell fresh milk in Singapore. (Image: Company)
IndusInd Bank: The NCLT has approved the proposed merger of Bharat Financial and IndusInd Bank. (stock image)
IndusInd Bank: The NCLT has approved the proposed merger of Bharat Financial and IndusInd Bank. (stock image)
Wipro has rolled out total operations system CREW, a suite of solutions for global airlines. Developed jointly by Wipro and Qatar Airways in an innovative co-investment model, TOPS is one of the most advanced products available in the aviation market, the company said in a statement. (Image: Reuters)
Wipro has rolled out total operations system CREW, a suite of solutions for global airlines. Developed jointly by Wipro and Qatar Airways in an innovative co-investment model, TOPS is one of the most advanced products available in the aviation market, the company said in a statement. (Image: Reuters)
Aditya Birla Fashion and Retail said it will acquire ethnic wear brands Jaypore and TG Apparel & Décor for an enterprise value of upto Rs 110 crore. (Image: Company website)
Aditya Birla Fashion and Retail said it will acquire ethnic wear brands Jaypore and TG Apparel & Décor for an enterprise value of upto Rs 110 crore. (Image: Company website)
Muthoot Capital Services completed an assignment transaction of Rs.84.95 crore on June 7. The company has so far raised Rs 196.88 crore through securitization / direct assignment transactions during the FY 2019 – 20.
Muthoot Capital Services completed an assignment transaction of Rs.84.95 crore on June 7. The company has so far raised Rs 196.88 crore through securitization / direct assignment transactions during the FY 2019 – 20.
Bharti Airtel has upgraded 4G network in Delhi NCR and deployed LTE 900 technology to boost indoor coverage. (Image: Reuters)
Bharti Airtel has upgraded 4G network in Delhi NCR and deployed LTE 900 technology to boost indoor coverage. (Image: Reuters)
Vodafone Idea: CARE revised long term bank facilities ratings to CARE A+ from CARE AA- and rating for NCDs to CARE A+ from CARE AA-.
Vodafone Idea: CARE revised long term bank facilities ratings to CARE A+ from CARE AA- and rating for NCDs to CARE A+ from CARE AA-.
India Ratings and Research has downgraded Eveready Industries’ long-term credit rating to 'IND BBB' from 'IND A+' and maintained it on Rating watch Negative.
India Ratings and Research has downgraded Eveready Industries’ long-term credit rating to 'IND BBB' from 'IND A+' and maintained it on Rating watch Negative.
Live TV

Ask Our Experts CNBC TV18