Indian shares are likely to open higher on Friday, tracking gains in Asian peers, on easing global worries after China and the United States expressed optimism about resolving their bitter trade dispute.
At 07.00 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.76 percent to 10,494, indicating a positive start for the Indian market today.
Here are the top stocks to watch out for in today's trade: HPCL: Hindustan Petroleum Corp Ltd posted a 37.1 percent fall in second-quarter profit on Thursday, dented by rising costs amid higher raw material and forex expenses. The company also said it may resume buying Iranian oil if New Delhi secures a waiver from US sanctions, its chairman M K Surana said on Thursday. Jet Airways: Jet Airways will pay another 25 percent of September salaries to its senior staff on Friday, according to a communication. The crisis-hit airline has also said that every possible efforts are being made to clear the balance amount at the earliest. State Bank of India: SBI's Rs 2,000 crore bond issue was subscribed by more than two times with mutual funds, pension funds and banks, among others, bidding for it. Bharti Airtel, Reliance Industries:Bharti Airtel provided the fastest download speed during June-August, while RIL-owned Reliance Jio topped in terms of 4G availability, an Open Signal report said on Thursday. Tata Consultancy Services: Tata Consultancy Services (TCS) Thursday announced the acquisition of W12 Studios, a digital design studio based in London, as part of efforts to bolster its digital and creative design capabilities. The company, however, did not divulge the size of the deal. IDBI Bank: Fitch Ratings on Thursday affirmed IDBI Bank's long-term issuer default rating (IDR) at 'BB+' and its viability rating (VR) at 'ccc'. DLF: Realty major DLF Ltd's net profit jumped over 26 times to Rs 374.74 crore for the second quarter of this fiscal. Its net profit stood at Rs 14.16 crore in the year-ago period, the company said in a regulatory filing. Hero MotoCorp: Two-wheeler major Hero MotoCorp on Thursday reported a 16.4 percent rise in total sales at 7,34,668 units for October.The company had sold 6,31,105 units in the corresponding month last year, Hero MotoCorp said in a statement. Tata Steel: Tata Steel Ltd alleged lenders to debt-laden Bhushan Power and Steel Ltd (BPSL) to have violated orders of the National Company Law Appellate Tribunal (NCLAT) by allowing JSW Steel Ltd to change the parameters of their bid thrice, reported. Mint Results on Friday: Axis Bank, IOC, NTPC, Hindalco Industries, Godrej Consumer, Petronet LNG, OFSS, Bharat Forge, SAIL, SUN TV, PFC, PNB, Tata Chemical, BATA India, Reliance Power, Allahabad Bank, GSFC, Equitas Holding, P&G Hygiene, Alkem Lab, Gillette India, Whirpool, ABFRL, City union bank, JSW Energy, KEC international, Zydus Wellness, Gshipping, Vmart, Gujarat Alkalies, Elgi Equipments, Lux industries, Tata Investment corp, Capline Point, Sonata software, ENIL, CARE, Magma fincorp, JB Chemicals, TV today, JAI Corp, Max India, Bliss GVS Pharma, Indo count, Rnaval, Arvind Smartspaces, Aarti Drugs, ADF foods, Prataap Snacks, Future enterprises, Future supply chain, Globus Spirits, Puravankara Ltd, Sequent Scientific, TCNS Clothing, Trevini Eng, TVS Electronics, BSE ltd, Vadilal Industries, Asian oilfield, Arihant superstructure, Dhanlaxmi Bank, Fine organics, Grabreil India, Gujarat state financial, Hindustan Composite, Indian Hume pipe co, Ingersoll-rand, KAYA Ltd, Khadim India, Mukta Arts, Neuland Lab, NRB bearing, Orient electric, Piramal Phytocare, Ruby mills, SAREGAMA India, SOM Distilleries, Transport Corp, TCI Developers, V2 retail, Hindustan composite, Hindustan national glass & industries, Prime focus. (With inputs from agencies)
Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.
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