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    ONGC, Dilip Buildcon and Venky's India among top stocks to track today

    Synopsis

    Here's a look at the top stocks that are likely to remain in focus in today's session -

    52-week-high
    NEW DELHI: Domestic stocks shed early gains to end lower on Wednesday, pulled down by financial and auto stocks, after the Reserve Bank of India raised interest rates for the second straight meeting. On Thursday, Asian stocks were little changed with sentiment fragile after the latest escalation in Sino-US trade war. At 08:10 am, the Nifty futures on Singapore Stock Exchange (SGX) were trading 10.50 points or 0.09 per cent higher at 11,369.50, indicating positive start for Nifty50.

    Here's a look at the top stocks that are likely to remain in focus in today's session -

    ONGC, Marico to report Q1 results today: ONGC, Marico, MOIL, Pfizer, Indiabulls Housing Finance and Manpasand Beverage are slated to release their quarterly earnings later in the day. Godrej Properties, Torrent Pharma, Majesco and GIC Housing will also report their June quarter numbers during the day.

    Dilip Buildcon, Venky's: Thirteen stocks including Dilip Buildcon, Goa Carbon and Venky's India will move out of the additional surveillance measures framework with effect from Thursday, said BSE in a circular on Monday.

    Reliance Infrastructure: The company on Wednesday reported a 19 per cent decline in its consolidated net profit at Rs 271.68 crore for the quarter ended June 30. Its total expenses rose to Rs 7,962.59 crore in the quarter under review.

    ICICI Bank: The bank has received RBI nod for Sandeep Bakshi’s appointment as COO.

    Tata Motors: The auto major on Wednesday reported 21.3 per cent increase in domestic sales at 51,896 units in July as compared to 42,775 units in the same month last year.

    Eicher Motors: The two-wheeler maker sold 69,063 units last month, up from 64,459 units in July 2017. The company shipped out 2,062 unit last month as against 1,302 units in July 2017.

    Stock in news: PNB, Excel Crop Care, L&T tech, HEG and more

    Here are the top stocks that are likely to be in focus in today's trading session on the back of news flow.

    Hero MotoCorp: The two-wheeler on Wednesday reported a nine per cent rise in its sales for July 2018. The company said its sales of two-wheelers increased to 679,862 units from 632,269 units sold in July 2017.

    Tata Global Beverages: It posted 6.55 per cent decline in consolidated net profit at Rs 133.60 crore in the June quarter, on the back of certain exceptional items including some restructuring cost.

    Kotak Mahindra Bank: The private sector lender will raise up to Rs 500 crore by issuing preference shares on a private placement basis. The funds are to be utilised to boost the capital under Basel III norms which are to be adopted fully by Indian banks by March 2019.

    Hindustan Copper: The Cabinet on Wednesday approved a fresh equity issue of 15 per cent by Hindustan Copper which will help the state-run company raise Rs 900.6 crore. Hindustan Copper (HCL) will issue 13.87 crore fresh equity shares, to the extent of 15 per cent, which will bring down government stake in the PSU to 66.13 per cent.

    IDBI Bank: The Union Cabinet has cleared the purchase of 51 per cent controlling stake in IDBI Bank by state-run insurer Life Insurance Corporation (LIC).

    L&T Tech: Larsen & Toubro may sell 41 lakh shares, representing 4 per cent of paid up capital, of L&T Technology Services at a floor price of Rs 1,400 per share.

    Excel Corp: Agrochemicals firm Excel Crop Care on Thursday said its board has approved a proposal to merge the company with Sumitomo Chemical India.



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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