The Indian market is set for a positive start on Friday as Asian shares fared better on hopes of a halt in the China-US trade conflicts, giving investors some relief.
NSE
At 07.10 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.41 percent to 10,665.50, indicating a positive opening for the Indian market.
Here are the top stocks to watch out for in today's trade:
Infosys: India's second largest IT services major Infosys on Thursday said its board has approved the appointment of Jayesh Sanghrajka as an interim chief financial officer (CFO) with effect from November 17, 2018.
Jet Airways: Tata Sons Ltd is in pursuit of a controlling stake of debt-laden Jet Airways. Tata Sons board will likely discuss the Jet Airways acquisition plan on Friday and if the board approves, the proposed deal may "move quickly", sources told CNBC-TV18.
Yes Bank: The bank on Thursday said OP Bhatt has tendered his resignation from his duties as an external expert of the search and selection committee for the new CEO, with immediate effect citing that there may be a potential conflict of interest.
IDFC Bank: Domestic ratings agency ICRA has downgraded the long-term ratings of the youngest private sector lender IDFC Bank on profitability concerns.
Bharti Infratel, Vodafone Idea: Bharti Infratel is likely to buy the fibre assets of Vodafone Idea (VIL), The Economic Times reported.
HDFC: The housing finance company is likely to raise up to $1 billion through its maiden dollar bond sale which may hit the market in January, The Economic Times reported.
IDBI Bank: Ratings agency S&P Global rating affirmed ''BB'' long-term and ''B'' short-term ratings to the bank.
Cox & Kings: Travel firm Cox & Kings on Thursday reported a 31.97 percent dip in consolidated net profit to Rs 135.47 crore for the quarter ended September 30, 2018 mainly due to higher expenses.
BRNL: Infrastructure firm Bharat Road Network Limited (BRNL) reported more than 43 percent fall in its standalone net profit at Rs 4.43 crore during the quarter ended September 30, 2018.
(With inputs from agencies)
First Published:Nov 16, 2018 7:50 AM IST