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Twelve stocks in focus on Thursday, 16 March 2017

Domestic equity markets are set to open in green on Thursday following Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global cues.

SGX Nifty was trading 73 points, or 0.79 per cent, up at 9182.50, indicating a strong start for NSE Nifty index.

Asian peers Hang Seng and Shanghai were trading higher in morning trade after the US Federal Reserve hiked interest rates, as expected, but signalled no pick-up in the pace of tightening.

On Wall  ..

On Wall Street, the Dow Jones Industrial Average rose 112.73 points, or 0.54 per cent, to 20,950.1 on Wednesday, the S&P 500 gained 19.81 points, or 0.84 per cent, to 2,385.26 and the Nasdaq Composite added 43.23 points, or 0.74 percent, to 5,900.05.

Here is a list of twelve stocks that are likely to be in focus today:

Indian Oil CorporationBSE 0.80 % (IOC): The Cabinet on Wednesday approved sale of state-owned Indian OilBSE 0.80 % Corp’s (IOC) 24  ..

SBI: State Bank of IndiaBSE 0.18 % said it will hike its stake in its two credit card joint ventures with General Electric Company to 74 per cent. Country’s largest lender SBI will also tap capital markets to raise Rs 15,000 crore in the next fiscal by way of institutional placement, rights issue or FPO.

HCL Technologies: The Board of HCL TechnologiesBSE 2.11 % will meet next week to consider stock buyback, joining the growing roster of IT compan ..

NTPC: State-owned power giant NTPCBSE 0.79 % is weighing the option of snapping power supplies to BSES Yamuna Power Ltd (BYPL), which distributes electricity in Delhi, for delay in payment of its dues.

NBCC: State-owned NBCCBSE 0.53 % (India) Ltd on Wednesday said that Maharashtra government has allotted the balance work of irrigation project in Vidarbha valuing Rs 6,000 crore.

Bharti Airtel: Telecom operator Bharti  ..

Godrej Properties: Realty firm Godrej PropertiesBSE -0.22 % said it has added a new housing project in Bengaluru comprising eight lakh sq ft of developable area. Godrej Properties said in a statement that “it will develop a 7.5 acres land parcel on Bellary road (NH-7) in North Bangalore”.

Coromandel InternationalBSE 2.57 % & Nagarjuna Fertilizers: The Murugappa Group’s Coromandel International, India’s biggest private-sector Phosphatic fertili ..

Tata Communications: Tata CommunicationsBSE 0.46 %, which transmits a 10th of the global voice traffic through its network and provides the infrastructure on which internet giants Google, Microsoft and Skype move their content, is weighing options for its “non-core“ ATM business.

Jyoti Structures: Jyoti StructuresBSE 1.82 %, a construction engineering company that earlier defaulted on loan payments, has promised its bondholders that it would pay back soon after selling a controlling stake to a third party and urged investors not to go to court to recover dues.

Idea Cellular: Vodafone Group Plc is nearing an initial agreement to merge its Indian operations with Idea Cellular Ltd in a deal that would create the largest tele ..