The Indian market is expected to open on a cautious note ahead of the inflation data, to be released this week. Meanwhile, the global markets also remained flatlined as no concrete details came on the US-China trade deal and investors await US Federal Reserve’s interest rate decision. At 7:08 am, the SGX Nifty was trading 7.50 points or 0.06 percent higher at 11,914.50, indicating a flat start for the Sensex and the Nifty50. Here are the top stocks to watch out for in trade today:
YES Bank: The board is favourably considering Citax Holdings and Citax Investment Group's $500 million offer.
IDBI Bank: The board has approved selling stake in IDBI Cap and IDBI Intech.
PC Jeweller: CARE downgraded the rating of its medium-term fixed deposit programme to ‘D’.
RIL: ADNOC and RIL signed an agreement to explore development of Ethylene Dichloride facility in Ruwais.
Future Supply Chain: CCI approved the purchase by Nippon Express of 22 percent shares.
BEML: A new Hydraulic Excavator model “BE210LC” is launched and showcased at EXCON Exhibition 2019 at Bengaluru by BEML.
Wipro: It signed MoU with Ministry of Technology and Communications, Oman to launch a Center of Excellence (CoE) for open source.
Mahindra CIE Automotive: The company has appointed Anil Haridass as Executive Director.
Piramal Enterprises: CCI approved the subscription of compulsorily convertible debentures by Canadian pension fund CDPQ.
GHCL: India Ratings affirmed "IND A1+" for issuance of commercial paper of Rs 1,000 million.
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