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Top stocks to watch out for on June 14: HDFC, Reliance Capital, HDFC AMC

Updated : 2019-06-14 08:06:16

Indian benchmark indices, the S&P BSE Sensex and NSE’s Nifty 50, are set for a negative start, as rising global geopolitical tensions and concerns over liquidity situation at the non-banking financial companies are likely to hamper risk appetite. Asian markets were little changed, while US stocks closed higher, helped by a rise in crude oil prices following attacks on tankers in the Gulf of Oman. On the macro front, India’s Wholesale Price Index-based inflation data will be released today after 12 PM. At 7.10 AM, the SGX Nifty futures traded 23 points, or 0.19 percent, lower at 11,897, indicating a negative start for the Sensex and the Nifty 50. Here are the top stocks to watch out for in today's trade:

HDFC: Housing Development Finance Corporation is likely to sell 4.2 percent stake in Gruh Finance on June 14, multiple sources told CNBC-TV18, to comply with a requirement by the Reserve Bank of India (RBI) to facilitate the latter’s merger with Bandhan Bank. (Image: Reuters)
HDFC: Housing Development Finance Corporation is likely to sell 4.2 percent stake in Gruh Finance on June 14, multiple sources told CNBC-TV18, to comply with a requirement by the Reserve Bank of India (RBI) to facilitate the latter’s merger with Bandhan Bank. (Image: Reuters)
Reliance Capital/Reliance Home Finance: Sebi and the Ministry of Corporate Affairs are looking into the sudden resignation of PWC as auditor of Reliance Capital and Reliance Home Finance and have asked the stock exchanges to collect all necessary information including trade details and statements made by the three entities. (Image: Reuters)
Reliance Capital/Reliance Home Finance: Sebi and the Ministry of Corporate Affairs are looking into the sudden resignation of PWC as auditor of Reliance Capital and Reliance Home Finance and have asked the stock exchanges to collect all necessary information including trade details and statements made by the three entities. (Image: Reuters)
HDFC AMC: The Securities and Exchange Board of India has made certain additions to the earlier show cause notices in relation to the matter pertaining to the investments of fixed maturity plans of HDFC Mutual Fund in debt instruments of Essel Group Companies. (Stock Image)
HDFC AMC: The Securities and Exchange Board of India has made certain additions to the earlier show cause notices in relation to the matter pertaining to the investments of fixed maturity plans of HDFC Mutual Fund in debt instruments of Essel Group Companies. (Stock Image)
French energy giant Total SA is likely to acquire a 30 percent stake in Adani Gas, a city gas distribution firm, for more than $800 million or Rs 5,500 crore, <em>The</em> <em>Times of India</em> reported.
French energy giant Total SA is likely to acquire a 30 percent stake in Adani Gas, a city gas distribution firm, for more than $800 million or Rs 5,500 crore, The Times of India reported.
The apex decision making body at the Telecom Department decided to refer to TRAI for reconsideration the recommendations on spectrum auction amid industry's concerns on pricing. The Digital Communications Commission (DCC), which met here Thursday, also approved the terms and conditions for 5G trials in the country, PTI reported, citing sources.
The apex decision making body at the Telecom Department decided to refer to TRAI for reconsideration the recommendations on spectrum auction amid industry's concerns on pricing. The Digital Communications Commission (DCC), which met here Thursday, also approved the terms and conditions for 5G trials in the country, PTI reported, citing sources.
Wockhardt: The company received a Form 483 from the USFDA, with zero observation, for its Bioequivalence Centre in Aurangabad, Maharashtra after inspection during June 10-12. (Image: Company)
Wockhardt: The company received a Form 483 from the USFDA, with zero observation, for its Bioequivalence Centre in Aurangabad, Maharashtra after inspection during June 10-12. (Image: Company)
PI Industries: CRISIL reaffirmed its long-term rating at AA/Positive and further reaffirmed the short-term rating at A1+ in respect of the various banking facilities availed by the company. (Image: Company)
PI Industries: CRISIL reaffirmed its long-term rating at AA/Positive and further reaffirmed the short-term rating at A1+ in respect of the various banking facilities availed by the company. (Image: Company)
Canara Bank: The bank has floated a request for proposal to select merchant bankers to raise equity through a qualified institutional placement.
Canara Bank: The bank has floated a request for proposal to select merchant bankers to raise equity through a qualified institutional placement.
Federal bank: The board will consider issue of bonds worth Rs 5,000 crore on June 20. (Image: Company)
Federal bank: The board will consider issue of bonds worth Rs 5,000 crore on June 20. (Image: Company)
Trent: The board will consider the proposal for raising of funds through issue of equity shares or other securities including through rights issue or qualified institutions placement or debt issue on June 18. (Image: Company)
Trent: The board will consider the proposal for raising of funds through issue of equity shares or other securities including through rights issue or qualified institutions placement or debt issue on June 18. (Image: Company)
Ceat: It has entered into share subscription and shareholders' agreement with E-Fleet Systems Private Ltd for making investment of not exceeding Rs 4 crore.
Ceat: It has entered into share subscription and shareholders' agreement with E-Fleet Systems Private Ltd for making investment of not exceeding Rs 4 crore.
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