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Top Ten Stocks to be Focused for 9 June 2016

Top Ten Stocks to be Focused for 9 June 2016

The Indian market is expected to open higher on Thursday tracking positive trend seen in other Asian markets.

Here is a list of top Ten stocks that are likely to be in focus today:

Tata Motors: Tata Motors reported a 10.3 per cent increase in global sales at 87,414 units, including that of Jaguar Land Rover (JLR) vehicles, in May.

HCL Technologies: HCL Technologies Ltd announced that it has signed partnerships with two leading automotive solution providers to expand its offerings for the fast-growing smart vehicle ecosystem.

MRPL, IOC: Indian refiners Indian Oil BSE 0.19 %(IOC) and MRPL have made a second tranche payment using Germany-based EIH bank to help clear past oil dues to Iran .

NTPC: NTPC will invest about Rs 1,000 in setting up railway infrastructure in Karnataka . On Wednesday, NTPC and South Western Railways signed an agreement for doubling of Hotgi-Kudgi section of South Western Railway under Customer Funding Concession.

BPCL: The Reserve Bank of India has notified that Foreign Institutional Investors (FIIs) or Registered Foreign Portfolios Investors (RFPIs) can now invest up to 49 per cent of the paid up capital of Bharat Petroleum Corporation Ltd BSE 1.48 %. under the Portfolio Investment Scheme (PIS).

Infosys: To meet its ambitious target of achieving 50 crore users for its yet-to-be approved payments bank, Paytm has brought in Infosys BSE -3.42 %to deploy its Finacle Core Banking Solution, said a media report.

Tata Group stocks: The Tata Group has revived plans to list Tata Technologies to raise about Rs 1,400 crore through an initial public offering (IPO). The proposed share sale will be the first IPO from the Tata Group in 12 years after TCS in July 2004.

Bharti Infratel: The independent tower company of the Bharti Group , is in talks to acquire Tower Vision India , a company owned by a group of international financial investors, two people familiar with the development told ET.

Dr Reddy’s Laboratories: The US Consumer Product Safety Commission , a federal regulatory body, has pleaded to the US Department of Justice , seeking civil penalty against Hyderabad-headquartered drug maker Dr Reddy’s Labs.

Lupin: Drug firm Lupin BSE -1.13 %is recalling over 54,000 vials of anti-bacterial injection Ceftriaxone manufactured at its Mandideep facility in Madhya Pradesh due to violation of current good manufacturing norms.

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