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Manpasand Beverages, TCS and Wipro among top stocks to track today

NEW DELHI: Domestic equity market is likely to see a negativ..

NEW DELHI: Domestic equity market is likely to see a negative opening on Friday. At 08:10 am, the Nifty futures on Singapore Stock Exchange were trading 18 points or 0.17 per cent lower at 10,797.

Here's a look at the stocks that may hog limelight in today's session –

TCS: The Board of India's largest IT firm TCS will meet today and is expected to announce the details of a buyback proposal for its shareholders.

Manpasand Beverages: Manpasand Beverages has been shortlisted in the additional surveillance framework with effect from Friday, according to notices by both BSE and NSE on Thursday. The surveillance actions applicable to the shortlisted securities include them being placed in a price band of 5 per cent and margins being levied at the rate of 100 per cent.

ICICI Bank, Punj Lloyd: Private sector lender ICICI Bank has approached NCLT to recover Rs 830 crore of outstanding loans to engineering and project construction firm Punj Lloyd, ET reported. This apart, reports say former Supreme Court judge BN Srikrishna will conduct an investigation into various allegations of impropriety against ICICI Bank chief executive Chanda Kochhar.

ICICI Prudential Life: Media reports say ICICI Bank is mulling exercising oversubscription option to sell additional 1.43 crore shares in ICICI Prudential Life. Shares of ICICI Pru Life Insurance ended 1.67 per cent lower at Rs 403.40 apiece on Thursday.

Wipro: IT firm Wipro on Thursday announced the Go-Live for the design and digitalization of Nokia's sales order operations as part of a multi-year business process services deal. Wipro will help design, digitalize and run Nokia's sales order management operations from multiple centers, globally.

Fortis Health: According to an ET report, Fortis Healthcare has withdrawn its scheme to demerge its diagnostics arm from the group and merge it with a step-down subsidiary “due to reasons beyond the companys control” and its recently-launched fresh bidding process for a deal.

Original Article


ET Markets


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