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Top Ten Stocks in Focus on Wednesday, 21 September 2016

The Indian market is expected to open flat on Wednesday tracking muted trend seen in other Asian markets.

Here is a list of Top Ten Stocks that are likely to be in focus today

Wipro: Azim Premji-backed Wipro on Tuesday, entered into global partnership with Witbe – leader in services quality of experience (QoE), to offer end-to-end test automation and services monitoring department solutions across set-top box, mobile platforms and other handheld devices.

IOC & GAIL : India’s biggest refiner Indian OilBSE 1.03 % Corp Ltd and gas transporter Gail (India) Ltd are set to take a stake in a liquefied natural gas (LNG) terminal being built in Odisha.

ONGC: The Tax Department has slapped a service tax demand of over Rs 6,100 crore on the overseas arm of state-owned Oil and Natural GasBSE 0.47 % Corp (ONGC), a move that may potentially render its investments in oil and gas fields abroad infructuous.

MCX & 63 Moons Technologies: The Central Bureau of Investigation (CBI) has arrested Jignesh Shah in a matter related to MCX Stock Exchange, now known as Metropolitan Stock Exchange of India LtdBSE 0.85 % (MSEI).

Monsanto India : German chemicals conglomerate BayerBSE 2.98 % made an open offer to buy 26% in Monsanto India as part of a global deal. Bayer is acquiring the U.S. based seed major Monsanto for $66 billion.

Inox Leisure: The Reserve Bank has allowed foreign investors to buy up to 49 per cent stake in Inox Leisure LtdBSE 0.94 % under the Portfolio Investment Scheme (PIS).

Vardhman Textiles Ltd: Vardhman Textiles will consider proposal to buy-back the fully paid-up equity shares of the company, Reuters said in a report.

Lokesh Machines Ltd: Lokesh Machines is currently trading at Rs. 78.4, up by Rs. 1.45 or 1.88 per cent from its previous closing of Rs. 76.95 on the BSE.

TeamLease Services Ltd: Staffing firm TeamLease Services Ltd has signed a definitive agreement to acquire NichePro Technologies Pvt Ltd for an enterprise value of up to Rs. 29.5 crore.

NTPC: Amid global economic uncertainty, state-owned NTPC remains sanguine about domestic electricity demand and has planned a total capacity addition of 24 GW entailing an investment of Rs 1.6 lakh crore.

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