The Indian market is expected to open flat-to-negative as domestic investors remained cautious over Q2 earnings and global stocks dipped after British lawmakers rejected the govt's timetable to fast-track legislation for Brexit. At 7:08 AM, the SGX Nifty Futures traded 4 points or 0.03 percent lower at 11,622, indicating a flat-to-negative start for the Sensex and the Nifty 50. Here are the top stocks to watch out for:
Axis Bank: The lender posted a healthy set of numbers for Q2, with the net interest income growing 17 percent.
RBL Bank: Q2 profit fell sharply by 73.4 percent year-on-year.
Asian Paints: The company’s Q2 profit grew 68 percent YoY to Rs 823 crore.
Subros: Production has started at its new plant in Ahmedabad’s Karsanpura village.
Jubilant Life Sciences: Jubilant Pharma Limited, a wholly-owned subsidiary of the company, has received final approval for Clomipramine Hydrochloride Capsules USP, which is used for the treatment of obsessions and compulsions in patients with Obsessive-Compulsive Disorder (OCD).
JMC Projects: JMC Projects, a leading civil engineering and EPC company, has secured new orders of Rs 1,059 crore. (Image: https://www.jmcprojects.com)
SpiceJet: Harsha Vardhana Singh, an independent director of the company, has resigned from the Board of Directors with effect from October 1, 2019. (Image: Reuters)
Affle: Affle India announced the filing of 14 patents in Singapore and the USA.
Kotak Mahindra Bank: The bank launched its first international branch in Dubai.
Amara Raja: Intimation of Request letter received from Johnson Controls (Mauritius) seeking their de-classification as a promoter.