The Indian market is expected to open higher on Wednesday tracking positive trend seen in other Asian markets.
Here is a list of top Ten stocks that are likely to be in focus today:
Sun Pharma Ltd: India’s largest drug maker Sun PharmaBSE 1.25 % has acquired 14 established prescription brands from Novartis in Japan for a cash consideration of $293 million
PNC Infratech Ltd: The company has bagged a Rs 205.69-crore contract for construction of three lane road on both sides of Sharda Sahayak Feeder Canal in Uttar Pradesh.
Rallis India Ltd: Tata group’s agri-input arm Rallis India LtdBSE 2.74 % has entered into an agreement with IKEA India to transfer its leasehold right over a land parcel in Mumbai for a consideration of nearly Rs 214 crore.
Healthcare Global Ltd: The cancer-care network operator HealthCare Global Enterprises (HCG), which completed its Rs 650-crore IPO earlier this month, will make stock market debut on Wednesday.
Bharat Electronics Ltd: France-headquartered Thales and BEL-Thales Systems Limited (BTSL), the joint venture between Bharat ElectronicsBSE 1.56 % Limited (BEL) and Thales, have signed a partnership agreement for joint development of PHAROS fire control radar during the ongoing Def Expo in Goa.
Tata Steel Ltd: Britain’s largest steelmaker Tata Steel LtdBSE 0.58 % is expected to announce the sale of its entire UK business, BBC reported citing union sources.
CEAT Ltd: Tyre maker CeatBSE 2.12 % has commissioned a new unit at its manufacturing plant in Nagpur resulting in addition of 15 metric tonne (MT) per day installed capacity of the plant.
Jindal Steel and Power: JSPL is in advanced discussions with Japan’s Yamato Kogyo Company Ltd to sell up to 49% stake in its rail mill unit at an estimated Rs 3,000 crore, two people familiar with the development told ET.
Andhra Bank: Andhra Bank has allotted 2,88,53,210 equity shares of Rs. 10 each to Life Insurance Corporation of India on preferential basis at Rs. 47.30 paise per equity share, including a premium of Rs. 37.30 paise per share.
Piramal Enterprises Ltd: Ajay Piramal-controlled Piramal Enterprises Ltd and Dutch pension fund asset manager APG Asset Management will jointly invest $132 million (Rs.900 crore) in Essel Infrastructure Ltd’s solar platform across India, said a media report.