The Indian market is expected to open flat on Thursday tracking positive trend seen in other Asian markets.
Here is a list of top 10 stocks that are likely to be in focus today:
Railway-related stocks: Railway related stocks will be in focus ahead of the Rail Budget 2016. The budget is expected to focus on massive capacity creation in the rail sector with an increased plan outlay of about Rs 1.25 lakh crore.
SBI: Loans worth Rs 11,700 crore given by State Bank of IndiaBSE 0.32 % have been locked up as non-performing assets as nearly 1,160 defaulters have willfully decided not to repay.
Infosys Ltd: India’s second largest software exporter InfosysBSE -0.31 % has extended the tenure of chief executive Vishal Sikka by another two years till the year 2021, at a time when the former bellwether of India’s $160-billion IT industry is enjoying its strongest period of growth in the last five years.
SAIL: The company will invest over Rs 10,200 crore on mine development as the domestic steel giant embarks on a modernisation and expansion programme, Parliament was informed on Wednesday.
GMR Infrastructure Ltd: The infrastructure major got a big relief in its ongoing arbitration in Maldives after the tribunal there ruled that the damages to be paid by the government of the country and Maldives Airport Company for dismissing the company from running the Male airport will also include sums owed to Axis BankBSE -0.53 % Singapore for the project.
TVS Motor Company Ltd: The two-wheeler maker is aiming to corner a fifth of India’s two-wheeler market over the next three years, as it banks on products including the new Apache and Victor motorcycles to drive demand.
Tata Steel Ltd: Tata SteelBSE -0.42 % Europe chief executive KarlBSE 0.00 % Koehler has stepped down after steering Europe’s second largest steelmaker for over five years in one of its worst phases that saw numerous rounds of restructuring, thousands of job cuts and asset sales.
Lupin Ltd: LupinBSE 1.78 %, one of India’s top five pharmaceutical companies, is planning to make significant investments in Japan, the second-biggest pharmaceutical market in the world.
NTPC Ltd: Government on Wednesday raised about Rs 5,030 crore from sale of its 5 per cent stake in NTPCBSE -1.35 %, with insurance companies getting almost two-third shares but retail participation was lukewarm amid a free-fall of stock markets.
Ponni Sugars (Erode) Ltd: The Reserve Bank has allowed foreign investors to invest up to 49 percent of the paid-up capital in Ponni SugarsBSE 1.23 % (Erode) Ltd.