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    Top stocks today: Jet Airways, Tata Motors, Yes Bank

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    Top stocks today: Jet Airways, Tata Motors, Yes Bank

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    Indian equity market are likely to open positive on Friday, tracking upbeat global cues. Stocks such as Jet Airways, Tata Motors, Yes Bank are likely to move in trade today.

    Indian equity market are likely to open positive on Friday, tracking upbeat global cues. The Singapore-traded SGX Nifty Futures was up 0.35 percent at 11,351.50 at 7.22 IST, indicating a gap-up opening on the street today.
    Indian financial and money markets were shut on Thursday for a public holiday.
    The Sensex closed lower by 169.45 points or 0.45 percent at 37,121.22 on Wednesday, while the NSE Nifty50 was down 44.50 points or 0.39 percent at 11,234.40.
    Following stocks are likely to move in trade today:
    Oil stocks: Indian refiners will pay for oil from Iran in rupee from November 4 when petroleum-related sanctions against the country come into effect.
    UCO Bank, IDBI Bank: The government has identified UCO Bank and IDBI Bank for the oil payment to Iran since these banks do not have any exposure to the US financial system. UCO Bank will be the preferred partner as it has handled such transactions in previous sanctions.
    Jet Airways: A Mumbai-Jaipur Jet Airways flight was diverted back to Mumbai on Thursday after nearly 30 passengers on-board suffered nose and ear bleeding due to loss in cabin pressure.
    Tata Motors: Fitch Ratings has revised the outlook on Tata Motors ltd to ‘negative’ from ‘stable’ and has affirmed its Long-Term Issuer Default Rating at 'BB+'.
    Yes Bank: The RBI on Wednesday said Rana Kapoor’s term at the bank as MD and CEO will end in January 2019.
    SBI: India’s largest PSU lender has raised the first tranche of $650 million through a maiden green bond offering, which is part of its planned $3 billion in such funds for onward lending to green projects.
    BHEL: The PSU engineering major booked orders worth Rs 40,932 crore in 2017-18, registering 74 percent jump from the previous financial year.
    RCom: Debt-ridden Reliance Communications said its shareholders have approved a cap of Rs 50,000 crore on its borrowing limit.
    ICICI Bank: Sebi has clarified that it has not received any settlement application from the bank or any other entity with respect to the probe into alleged regulatory lapses involving its CEO Chanda Kochhar, her husband and his business dealings.
    Yes Bank: Moody's affirms bank's ratings with a stable outlook.
    Steel stocks: CNBCTV18 reports that the steel ministry proposes 15 percent customs duty on stainless steel imports. Final decision on the ministry's recommendations to be taken by the finance ministry, it adds.
    PSU Bank stocks: Government names new MDs and CEOs for 10 PSU banks which include Indian Bank, Syndicate Bank, Central Bank of India, Andhra Bank, Allahabad Bank, Dena Bank, Bank of Maharashtra, Uco Bank, Punjab & Sindh Bank, United Bank of India.
    Hotel Leela Venture: Cash-strapped hospitality chain has defaulted in payment of quarterly interest of Rs 2.12 crore to LIC. Hotel Leela Venture, which currently has a debt of over Rs 3,600 crore, had issued secured redeemable non-convertible debentures (NCDs) on private placement basis aggregating to Rs 90 crore to LIC in December 2008.
    Eicher Motors, Hero MotoCorp, Bajaj Auto, TVS Motor: Harley-Davidson has announced its foray into the pre-owned bike market in India.
    PNB, OBC, Andhra Bank: The government is likely to announce the merger of three banks, according to a DNA Money report. The government is reportedly holding talks with banking officials to examine the feasibility of such a merger and will likely announce the move before December 31, it added.
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