Ripples Advisory, L&T, Hero MotoCorp, Dr Reddy's & Asian Paints among top stocks to track today
The Nifty50 looks poised to top its record intraday high of 11,171 on Wednesday after having taken out its immediate hurdle at 11,130 level on Tuesday. But ahead of Thursday's F&O expiry, volatility may see a spike.
Some analysts said the momentum seen in the market over the past three sessions may slow down a bit from here on.
Here is a look at the top stocks making news this morning.
Airtel, Idea: Watch telecom stocks as the Vodafone India-Idea Cellular combine is said to be planning to roll out aggressive pricing plans to regain subscribers.
L&T, Hero Moto Q1 results from today:
Hero MotoCorp, Larsen & Toubro BHEL, Ambuja Cements and Canara Bank are among companies that will report their quarterly results on Wednesday. JSW Steel, Gruh Finance, OBC, PVR and Jubilant FoodWorks will be other companies scheduled to report their earnings during the day.
AstraZenecaNSE 0.05 %: AstraZeneca has filed a lawsuit in the Delhi High Court against Indian drugmaker Dr Reddy’s Laboratories to block it from launching generic versions of Brilinta, its blockbuster medicine for heart ailments
NTPC, NHPC: The government is planning to sell its 73 per cent stake in hydro-power producer NHPC to its state-run peer NTPC for around Rs 18,200 crore.
HDFC Bank: India’s most valuable lender has changed its share sale plan to include more of American Depository Receipts (ADR) than a pure domestic offering. ADRs may now account for 80 per cent of Rs 15,500 crore that the bank plans to raise
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