NEW DELHI: Nifty futures on Singapore Exchange were trading 15.5 point, or 0.14 per cent, higher at 10,847.50, indicating a firm for Nifty50.
Here are a few stocks which may buzz most in todays trade:BoB, Dena and Vijaya Bank: Traders expect shares of both Dena and Vijaya Bank to fall on Thursday as investors sell stocks to adjust them to value of swap ratio.
Shares of Bank of Baroda (BoB) would also be in news.JK Cement: A sizeable chunk of JK Cements recent share sale to institutional investors was gobbled up by one large asset manager.
The buzz is that public sector mutual fund picked up 35.9 lakh shares in 73.41 lakhshare-qualified institutional placement or QIP.
The public sector fund would own 4.6 per cent in company.Tata Power: MERC has allowed BEST to extend its existing Power Purchase Agreement (PPA) with Company for 676.69 MW, supplied from its Trombay Thermal and hydro plants, for a period of five years from 1st April 2019 to 31 st March 2024.RBL Bank: Mid-size private sector lender RBL Bank has appointed Pankaj Sharma as chief operating officer.
He joins bank from larger rival Axis Bank, where he was heading retail operations function, an official statement said Wednesday.Motherson Sumi Systems: ICRA has revised long-term rating to Stable from Positive.SBI Life: SBI Life Insurance has entered into a tie-up with Syndicate Bank wherein state-run lender will be selling its policies.Aavas Financiers: The NBFC has received a refinance assistance of Rs 400 crore from National Housing Bank.
This, coupled with a Rs 200 crore fund raising from CDC Group of England through masala bonds route, strengthens liquidity position of company, an official statement said Wednesday.Syndicate Bank: State-owned Syndicate Bank said it would raise up to Rs 500 crore by issuing shares to its employees under employee stock purchase scheme.BPCL, HPCL and IOC: State-owned oil firms have no plans to recoup losses they made on subsidising petrol and diesel by Re 1 per litre even though rates have now become at par with cost, top officials said.ONGC: State-owned Oil and Natural Gas Corp (ONGC) Wednesday said government has not yet asked it to reconsider listing its overseas arm ONGC Videsh Ltd on bourses.Board meetings