The Indian stock markets would attempt to brek the 13000 levels today for the first time in its history. Given the positive newsflow on the Q2 results front, there do not seem to be any major resistant to this. Asian markets are also ruling firm. Let's look at the stocks which may hog limelight in today's session.
Gayatri to list today
The stock is listing today on NSE & BSE. The IPO price was Rs. 295 and the stock is expected to list in a range of 325-350. Investor would do well by booking listing gains.
Tatas, Corus reach pact for $9bn deal
The deal will further consolidate the global steel industry and will put Tata Steel among the top 10 steel companies in the world. The new entity will become the sixth largest steel manufacturer with annual production of at least 23m tonnes per annum. Read More
Indiabulls plans to demerge financial services business
Indiabulls Financial Services on Monday said the company has plans to demerge its financial services business — consumer finance and securities business — as part of its attempts to increase individual focus on both businesses. The demerger proposal is seen as a move to unlock value, mainly for its rapidly growing consumer finance arm.Read More
RIL to sell ATF at 25 airports
Public sector monopoly in the aviation turbine fuel (ATF) business is finally coming to an end. Reliance Industries is entering the business in a big way to infuse competition, fulfilling a long-standing demand of airlines..Read More
Stocks in T2T from October 20
BPL, Shringar Cinemas, Silverline Tech and SPIC