Top 10 stocks in focus today: Ashok Leyland, Cipla,Petronet LNG
FMCG stocks in focus today as the Union Cabinet has approved setting up of the proposed National Anti-profiteering Authority under GST to ensure consumers get the benefit of lower taxes under the new indirect tax regime.
PSU Banking stocks in focus. The Reserve Bank of India is likely to come up with a fresh list of around 50 loan accounts that are either under stress or close to being classified as nonperforming assets.
Ashok Leyland to acquire 4.68% stake in Hinduja Leyland Finance at Rs 110 per share, valued at Rs 225.42 crore. Increases stake to 61.9%.
RBI said FPI limit in ICICI Lombard increased to 49% from 24%.
RBI said FPI limit in Petronet LNG increased to 40% from 30%.
JSW Energy to be out of F&O from February series.
Bank of Baroda to consider raising up to Rs 6,000 Cr through a QIP, Rights Issue on Nov. 21.
Vascon Engineers to sell Mumbai division of its subsidiary GMP Technical Solutions for Rs 18 Cr in a slump sale.
Mercator aims to begin oil production by H1 2018 at Cambay basin oil block.