Top stocks in focus on Thursday, 20 July 2017

NEW DELHI: Domestic equity markets are doubtless to open on a flat to negative note on Thursday, pursuit dandy futures on the Singapore securities market (SGX Nifty) and mixed world cues. 

SGX dandy was down 8 points, or 0.08 per cent, at 9,919.50 around 8.15 am (IST), indicating a flat to negative 
begin for NSE dandy index.

Here could be a list of prime stocks that are doubtless to be focused today: 

RIL: RILBSE 0.45 a human standalone and consolidated profits are expected to be Rs 8,119 large integer and Rs 7,764 crore, severally, a gain of 7.6 per cent and 9.1 per cent year-on-year, in step with Bloomberg agreement estimates. RIL's stock has outperformed the dandy and S&P bovine spongiform encephalitis Oil & Gas by third and Bastille Day, severally , within the past 3 months.


ONGCBSE 1.81 %, HPCL: the cupboard has given associate degree in-principle approval to sell the government's entire 51.11 per cent stake in Hindustan crude oil bovine spongiform encephalitis -2.98 the concerns firm Ltd to grease and fossil fuel bovine spongiform encephalitis 1.81 the concerns firm during a bid to make a state-run integrated oil major which will vie with personal and foreign players, sources at home with the matter aforementioned.

Wipro: India's third largest IT firm by revenue is anticipated to report flattish numbers with profits seen rising a mere 1.6 per cent QoQ at Rs a pair of,124 large integer from Rs. a pair of,090 large integer for March quarter. Brokerage IDBI Capital forecasts its IT services revenue to say no by one.5 per cent QoQ in constant currency terms at intervals its steerage band of minus a pair of per cent to zero growth.

Higher arte fact costs not to mention destocking within the increase to the GST throughout the last half of Gregorian calendar month are planning to dent bottom line figures of Bajaj car bovine spongiform encephalitis -0.38 all through Q1FY18. the corporate is regular to announce its results on Thursday. brokerage Motilal Oswal bovine spongiform encephalitis 0.13 the concerns sees 9.7 per cent year-on-year fall in profits at Rs 883.20 large integer for the quarter beneath review.

Zee recreation: Indian media conglomerate ezed Entertainment Enterprises bovine spongiform encephalitis 0.18 which there's in advanced talks to shop for 9X Media, that owns a clutch of Hindi and regional music channels, and also the deal can be declared this month, aforementioned 2 extremely placed sources with direct information of the event.

Jet, InterGlobe, SpiceJet: Domestic traffic registered a twenty per cent growth with domestic carriers transport 59.86 100000 passengers in Gregorian calendar month as compared to 79.75 100000 travellers throughout the corresponding amount last year, as per traffic knowledge . IndiGo has preserved its tag because the market leader.
Bajaj Finance: syndicalist Sachs has raised Bajaj Finance’s worth target to Rs 1,700 from Rs 1,559 earlier. Deutsche Bank conjointly has raised the value target for the stock to Rs 1,270 from Rs 1,120 earlier. The NBFC according 40 per cent YoY jump in Gregorian calendar month quarter profits at Rs 602 large integer from Rs. 424 large integer within the same amount a year agone..

NEW DELHI: Shares of Kanara Bank (down 4.66 per cent) emerged because the prime loser in dandy PSU Bank index in Thursday's trade when the bank, on weekday, according that its gross non-performing assets for Gregorian calendar month quarter rose to 10.56 per cent from 9.63 per cent within the March quarter.
Other PSU banking stocks that followed it enclosed Bank of India (down 1.54 per cent), Oriental Bank of Commerce (down 0.37 per cent), geographical area commercial bank (down 0.35 per cent), Union Bank of India (down 0.32 per cent), depository financial institution of India (down 0.27 per cent), Andhra Bank (down 0.26 per cent) and Allahabad Bank (down 0.14 per cent).


IDBI (up 0.17 per cent) and Bank of Baroda (up 0.06 per cent) were commerce in inexperienced within the index.


The dandy PSU Bank index was commerce at 3,532.15, down 0.49 per cent around 10.45 am (IST). 


The broader indices conjointly pared gains when registering a positive gap. 

Nifty50 index was 3 points, or 0.03 per cent, down at 9,897, whereas the 30-share Sensex was 19 points, or 0.06 per cent, up at 31,974 round the same time.


On BSE, 1,198 stocks were advancing whereas 1,034 stocks were insulating material.


For trending stocks and abuzz news, track this LIVE web log from Dalal Street


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