1. Stocks that are in focus today: Kotak Mahindra, RIL, ICICI Bank

Stocks that are in focus today: Kotak Mahindra, RIL, ICICI Bank

Taking cues from Thursday's gains, the Indian stock markets are expected to open in positive terrain on Friday amid mixed global cues.

By: | Updated: July 31, 2015 10:47 AM
Sensex and Nifty

Taking cues from Thursday’s gains, the Indian stock markets are expected to open in positive terrain on Friday amid mixed global cues.

The benchmark BSE Sensex jumped by over 260 points to 27,965.52 in early trade on Friday following continued across-the-board buying by participants as the August series in the derivatives segment began on a positive note.

At 10.37 am, Sensex was up 202.13 points up at 27,907.48. Similarly, Nifty was up 50.80 points at 8,472.60 during the same time.

The 30-share index, which had gained 246.12 points in the previous two sessions, was up by 260.17 points or 0.93 per cent to 27,965.52 with all the sectoral indices led by realty, healthcare and auto, were trading in positive zone.

Here are the stocks that are likely to be in focus today

Kotak Mahindra Bank: The stocks of the private sector lender will be in focus today after the company on Thursday reported a 55.84% fall in its first quarter net profits at Rs 189.78 crore on a standalone basis owing to higher provisioning post-merger with ING Vysya Bank (IVBL).

Maruti Suzuki: The shares of the country’s largest car maker will remain in focus after state-owned insurer LIC said on Thursday that it has sold over 2 per cent stake in Maruti Suzuki India reducing its holding to 6.22 per cent.

Reliance Industries: Mukesh Ambani-led RIL’s telecom arm Reliance Jio Infocomm (RJIL) will raise Rs 3,500 crore debt ahead of launch of its services.

Kansai Nerolac: The stocks of Kansai Nerolac will be in focus after the the industrial paint maker said on Thursday that it would invest Rs 220.50 crore to set up a manufacturing unit in Punjab and a global R&D centre at Navi Mumbai.

ICICI Bank: The stocks of the country’s largest private sector lender will remain in focus as the company will announce its first quarter result later in the day on Friday.

Stocks of the Bharat Gear, LT, Titan, Sun TV, APLLTD, Philip Carbon, Raymond, CESC and Aarti Drugs will also remain in focus as the companies may announce their earnings on Friday.

  1. No Comments.

Go to Top