Top stocks in focus on 28 September 2017
Domestic equity markets are likely to open on a flat note on
Thursday, tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty)
and global cues.
At 7.51 am, Nifty futures trading on SGX were down 6.50 points, or 0.07 per
cent, at 9,730, indicating a flat start for NSE Nifty index.
Religare Enterprises: Promoters of Religare
EnterprisesBSE -0.42 % (REL) and two of their companies have told the Delhi
High Court that sale of the firm's health insurance business is not expected to
happen until 2018. The court is expected to hear arguments on Daiichi Sankyo's
application to block REL from giving its capital markets subsidiary Rs 500
crore next on October 11.
KajariaBSE 1.06 % Ceramics: Westbridge Crossover
Fund on Wednesday sold 18.8 lakh shares or 1.2% stake in Kajaria CeramicsBSE
1.06 %. NSE bulk deal data showed the fund sold 9.2 lakh shares at Rs 719.63
per share, while BSE bulk deal data showed the fund sold 9.6 lakh shares at Rs
719.21 per share.
Cyient: United
Technologies Corporation's subsidiary Carrier International Mauritius on
Wednesday sold 1.36 crore shares or 12.2% stake in Cyient at Rs 475.17 per
share. According to bulk deal data from the NSE, Amansa Holdings, Birla Sun
Life 95 Fund, Birla Sun Life Pure Value Fund, DSP BlackRock Small and Mid Cap
Fund and Norway Government Pension Fund Global picked up a total of 76.85 lakh
shares at Rs 475 per share.
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