The Indian market is likely to open in the green on Friday following gains in global peers on optimism over a US-China trade agreement. At 7 am, the SGX Nifty was trading 25.50 points or 0.21 percent higher at 12,219.00, indicating a positive start for the Sensex and Nifty50. Here are the stocks to watch out for in trade today:
ONGC: It has received environment clearance (EC) for carrying out onshore exploration, development and production of oil and gas in 100 locations in Assam.
Allahabad Bank: The government released a fresh capital infusion fund of Rs 2,153 crore for the bank.
PNB: It has Issued Rs 1,500 crore Tier - II (Basel III Compliant) Capital Bonds at a coupon of 8.15% p.a. on private placement basis.
Kaveri Seed: The company submitted an open offer for buyback worth Rs 196 crore of 28 lakh shares.
HG Infra Engineering: The company has been declared L-1 bidder by the NHAI for construction of proposed Rewari Bypass amounting to Rs 522.02 crore.
Hindustan Aeronautics: CARE Ratings cut the company's long-term rating to AA+ from AAA.
Cera Sanitaryware: Rating agency CRISIL reaffirmed its 'A1+' rating on the company's Rs 30 crore commercial paper.
Bharat Forge: The company incorporated its wholly-owned subsidiary in Indapur by the name Kalyani Centre for Precision Technology Limited.
Gujarat Gas: CRISIL upgraded long-term rating on the company's bank loan facilities of Rs 2,350 crore to AA+/Stable from AA/Positive.
ICRA: Sebi imposed a penalty of Rs 25 lakh each on ICRA and CARE for not exercising "due diligence" while assigning a rating to IL&FS.