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CNBC-TV18's top stocks to watch out for on December 3

SUMMARY

The Indian market is likely to open flat on Thursday following a subdued trend in Asian peers. At 7:10 am, the SGX Nifty was trading 1.00 points or 0.01 percent lower at 13,153.00, indicating a flat start for the Sensex and Nifty50.

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By CNBC-TV18 December 3, 2020, 7:30:37 AM IST (Published)

Axis Bank earnings
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Axis Bank | Specified Undertaking of The Unit Trust of India (SUUTI) has sold 36.25 lakh shares of Axis Bank for Rs 221.47 crore between November 26 and 27. SUUTI's stake in the bank is now at 4.12 percent versus 4.24 percent earlier.

Wipro
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Wipro | The IT major has received a multi-year contract from Verifone for its cloud services.

Bharti Infratel-Indus Towers merger deadline
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Bharti Infratel | Bharti Airtel’s subsidiary Nettle Infrastructure Investments has bought 4.94 percent stake in Bharti Infratel for Rs 2,882.32 crore.

Mahindra and Mahindra, coronavirus, COVID-19
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Mahindra & Mahindra | CARE Ratings has reaffirmed AAA rating on long-term bank facilities of Rs 1,402.42 crore and A1+ rating on short-term facilities of Rs 38.58 crore.

Dabur India
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Dabur India | The company has responded to CSE study and said that its honey has passed NMR test in Germany and it is complying with 22 parameters mandated by FSSAI for testing Honey.

DHFL, DHFL lenders, DHFL EOI
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DHFL | The Committee of Creditors has voted in favour of inviting revised bids and has set December 14 as the new deadline to submit bids.

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Reliance Capital | As many as eight suitors, including the US-based Oaktree and J C Flower, have expressed their interest to acquire Reliance Capital.

Apollo Hospitals
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Apollo Hospital Enterprises | The company’s board approved raising Rs 1,500 crore in one or more tranches.

Tata Chemicals
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Tata Chemicals | Promoter Tata Sons Pvt Ltd has bought 18,07,245 shares of the company worth over Rs 76.07 crore via open market transaction at an average price of Rs 420.92 per share.

Raymond, Raymond share price, sensex, nifty
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Raymond | The company’s subsidiary Silver Spark Apparel has entered into a share transfer agreement to divest its entire stake in its wholly-owned subsidiary Dress Master Apparel for Rs 19.07 crore.

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MCX | The exchange has received approval from markets regulator Securities and Exchange Board of India (Sebi) for the launch of futures trading in natural rubber.

Jindal Steel & Power
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Jindal Steel & Power | Promoter entity Opelina Sustainable Services Ltd released a pledge on the company's 15 lakh equity shares.

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