The Indian market is expected to open flat on Monday tracking muted trend seen in other Asian markets.
Here is a list of top ten stocks that are likely to be in focus today:
Maruti SuzukiBSE 0.18 % Ltd: Suzuki Motor to start producing cars at new plant in Gujarat early next year; popular Baleno hatchback to be first model to roll off the line
Bharti Airtel Ltd: The telecom major will pay Rs 3,500 crore to acquire rights to use 4G spectrum of Aircel in eight telecom circles, the second deal in less than a month that will make the firm a pan-India operator for providing high-speed mobile data services.
Infosys Ltd: Aberdeen Asset Management Asia has reduced its shareholding in Infosys by selling 56.26 lakh shares in the country’s second-largest software services firm.
Sun Pharmaceutical Industries: The pharma major received US Food and Drug Administration approval for BromSite, a significant boost to the company’s strategy of stepping up its specialty branded drugs play in the world’s biggest pharmaceuticals market.
Tata Steel: The UK Serious Fraud Office has opened an investigation into Tata Steel Ltd’s operations in the country over allegations related to certificates used to verify the composition of its products, said a media report.
IDBI Bank: As the employee unions oppose stake sale in IDBI Bank, the Government today said it is consulting all stakeholders as part of “transformation” of the state-owned lender.
Bajaj Auto Ltd: Global NCAP on Friday hit out at Bajaj Auto for making `misleading’ claims of better safety standards of the company’s quadricycle Qute than some popular compact cars sold in India based on crash test results done by the UK-based vehicle safety group.
Torrent Power Ltd: Aam Aadmi Party (AAP) accused the Gujarat government of being “complicit” in “financial manipulation” of power generation and distribution company Torrent Power, which has caused a jump in electricity tariff in the state.
Essar Ports: Essar Ports has commissioned its delayed dry bulk terminal in Salaya in Gujarat which has a capacity of 20 million metric tonne per annum. With this Rs 1,500 crore facility, the company’s total tonnage handling capacity will increase to 140 mmtpa, its CEO Rajiv Agarwal told ET.
Bannari Amman Sugars Lt: A meeting the Board of Directors of Bannari Amman Sugars Ltd will be held on April 25, 2016to consider the proposal to take over M/s. Madras Sugars Limited by way of Amalgamation,