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The Indian market is likely to open higher Wednesday tracking gains in the global market following losses in global markets as hopes for a coronavirus vaccine rise. At 8:10 am, the SGX Nifty was trading 77.75 points or 0.73 percent higher at 10,685.80, indicating a positive start for the Sensex and Nifty50.

Here are the top 10 buzzing stocks for today:

1. Reliance Industries Ltd: The energy-to-technology major will hold its 43rd annual general meeting (AGM) today. (Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.)

2. Wipro: The company’s Q1FY21 IT services revenue fell 4.6 percent to Rs 14,595.6 crore from Rs 15,296 crore in the previous quarter. Revenue in dollar terms declined 7.3 percent $1,921.6 million from $2,073.7 million, QoQ. IT services EBIT dropped 6.1 percent to Rs 2,782.2 crore while EBIT margin expanded to 19.1 percent from 17.6 percent, QoQ. Wipro has also signed an agreement to acquire Brazil-based IVIA Servicos de Informatica.

3. State Bank of India: The shareholders approved raising of equity capital upto Rs 20,000 crore through various modes from the market.

4. Yes Bank: The company’s Rs 15,000 crore follow-on public offering will open for three days from today. The lender has raised Rs 4098.46 crores from anchor investors, ahead of its FPO. The bank has allotted 341.5 crore shares to anchor investors at Rs 12 per share, the lower end of the price band.

5. Bharti Airtel: The company has inked a strategic alliance with Verizon to bring secure, world-class video conferencing solutions to businesses in India.

6. Central Bank of India: The lender has cut lending rates by 10 bps across all tenors effective July 15. The revised one-year MCLR now stands at 7.20 percent from 7.30 percent.

7. Delta Corp: The company reported a consolidated net loss of Rs 28.2 crore in Q1FY20 as against a profit of Rs 42.5 crore while revenue fell 74.1 percent to Rs 48.3 crore from Rs 186.5 crore, YoY. Revenue from gaming operations were nil versus Rs 181.4 crore, YoY.

8. Emami Ltd: The company has completed the sale of 100 percent stake in Emami Cement to Nuvoco Corporation Ltd for an enterprise value of Rs 5,500 crore.

9. Bharat Electronics Ltd (BEL): The company has signed an MoU with the Airport Authority of India for co-operation in the field of civil aviation.

10. Oberoi Realty: The company’s board approved raising upto Rs 2,000 crore via equity sale and raise upto Rs 1,500 crore via debentures. The company’s net profit in Q1FY21 fell 81.5 percent to Rs 28.1 crore while revenue declined 80.4 percent to Rs 118 crore.

The Indian market is likely to open lower Tuesday following losses in global. At 7:50 am, the SGX Nifty was trading 48.35 points or 0.45 percent lower at 10,766.00, indicating a negative start for the Sensex and Nifty50.

Here are the top 10 buzzing stocks for today:

1. Godrej Industries: The company has approved the issuance of non-convertible debentures (NCDs) worth Rs 750 crore on a private placement basis.

2. Adani Ports & SEZ: Adani Logistics has successfully completed its first ever containerized cargo export from India to Bangladesh utilizing inland waterways.

3. Motherson Sumi Systems: Moody’s Investors Service has downgraded the rating outlook of the company to Negative from ‘ratings under review’ on account of expected weak financial performance in ongoing fiscal due to the coronavirus pandemic.

4. Federal Bank: The bank has partnered with payments technology major Visa to roll out Visa Secure to the bank’s cardholders. Visa Secure is a global authentication program that uses the latest standards of the EMV 3DS (3D Secure) protocol.

5. Sobha Ltd: The company’s sales dipped during April and May months but inquiries were at near pre-Covid levels and sales improved from June onwards. There is a short term impact on the supply chain due to restricted commercial activities across various states, it said.

6. Zydus Wellness: The company believes that the impact of COVID-19 pandemic on its overall business will not be significant.

7. Bata India: The company’s revenue from operations for the quarter ended March 2020 decreased by 9 percent YoY to Rs 619.70 crore primarily due to lockdown. The company is going slow on new store openings but will continue expanding into newer towns via the franchise route, it said.

8. City Union Bank: The bank’s board approved raising Rs 600 crore via QIP.

9. Phoenix Mills: The company’s board has approved raising of funds up to Rs 1,100 crore.

10. ACE Ltd: COVID-19 has significantly impacted the business operation of the company. The sales volumes and revenue were affected in Q1FY21 which will impact the profitability.

The Indian market is likely to open higher Monday following gains in Asian peers. At 7:55 am, the SGX Nifty was trading 70.25 points or 0.65 percent higher at 10,842.80, indicating a positive start for the Sensex and Nifty50.

Here are the top 10 buzzing stocks for today:

1. Reliance Industries Ltd (RIL): Qualcomm Ventures will invest Rs 730 crore in RIL’s digital unit Jio Platforms for a 0.15 percent stake. RIL has received a subscription amount of over Rs 30,062 after it closed the sale of 6.13 percent stake in Jio Platforms with L Catterton, The Public Investment Fund, Silver Lake and General Atlantic. (Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.)

2. Infosys: The company has announced a strategic partnership with Old National Bank (ONB) to enable faster adoption of digital solutions and modernize ONB’s existing technology infrastructure.

3. Bharti Airtel, Vodafone Idea: The TRAI has put on hold specific premium plans of both companies that offered faster data speeds and priority services to high-paying postpaid customers, questioning whether the network preference came at the cost of deterioration of services for other subscribers.

4. Biocon Ltd: The company has received the Drugs Controller General of India’s (DCGI) approval to market Itolizumab injection solution for emergency use in India to treat patients with moderate to severe COVID-19 complications.

5. Avenue Supermarts: The company’s consolidated net profit in Q1FY21 fell 87.59 percent to Rs 40.08 crore from Rs 323.06 crore while revenue declined 33.21 percent to Rs 3,883.18 crore as against Rs 5,814.56 crore, YoY.

6. Punjab National Bank: The bank has clarified that the provision for the Rs 3,688 crore fraud in DHFL’s account is Rs 1,695.73 crore instead of Rs 1,246.58 crore.

7. Lakshmi Vilas Bank: The company reported net profit of Rs 92.86 crore in Q4FY20 as against loss of Rs 264.43 crore, YoY. NII fell 51 percent to Rs 68.6 crore from Rs 140.2 crore, YoY.

8. Escorts: The Competition Commission of India has approved the acquisition of a 9.09 percent stake in Escorts by Kubota Corporation, Japan and a 40 percent stake in Kubota Agriculture Machinery India by Escorts.

9. SAIL: The company’s consolidated net profit in Q4FY20 jumped multi-fold to Rs 2,647.52 crore while revenue fell 12.5 percent to Rs 16,171.8 crore, YoY.

10. Dilip Buildcon: The company has been declared as L-1 bidder by the National Highways Authority of India for a project worth Rs 882 crore on a Hybrid Annuity basis in the state of Gujarat.

The Indian market is likely to open lower Friday following losses in global markets as rising coronavirus infection cases dampened sentiment. At 7:45 am, the SGX Nifty was trading 47.65 points or 0.44 percent lower at 10,795.50, indicating a negative start for the Sensex and Nifty50.

Here are the top 10 buzzing stocks for today:

1. Reliance Industries: The company and BP Plc have announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). (Disclosure: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.)

2. Tata Consultancy Services: The IT behemoth reported 12.9 percent fall in Q1FY21 net profit to Rs 7,008 crore as against Rs 8,049 crore in the previous quarter. Revenue declined 4.1 percent to Rs 38,322 core from Rs 39,946 crore, QoQ. Dollar revenue was down 7.1 percent at $5,059 million while Constant Currency revenue growth slipped to -6.9 percent, QoQ. EBIT fell 9.7 percent to Rs 9,048 crore while EBIT margin contracted 148 bps to 23.61 percent, QoQ.

3. Tata Motors: Jaguar Land Rover’s total sales in Q1FY21 fell 42.4 percent YoY to 74,067 units. Over 95 percent of JLR’s retailers worldwide are now open or partially open and all of the company’s plants have resumed manufacturing, with the exception of the Castle Bromwich facility, which will gradually restart in August, the company said.

4. Punjab National Bank: The bank has reported fraud of Rs 3,688 crore in NPA A/c of DHFL to RBI. The bank has already made provisions of Rs 1,246.58 crore as per norms. The bank’s board has approved raising up to Rs 10,000 crore via QIP, FPO, rights issue or any other mode; and sought shareholders nod to raise Rs 7,000 crore in equity capital at its AGM.

5. PNB Housing Finance: The company said that the impact of COVID-19 and the resultant lockdown was visible on the disbursements in Q4FY20 and Q1FY21. The company in Q1FY21 disbursed Rs 800 crore of loans and maintained cash and bank balance of around Rs 7,000 crore as on June 30, 2020. As on June 30, 2020, the Retail Loans under moratorium phase 2 account for 29 percent of the Retail AUM and on overall basis, 39 percent of the AUM is under moratorium.

6. JSW Steel: Moody’s has confirmed ‘Ba2’ rating on the company and changed the outlook to ‘negative’ from ‘ratings under review’.

7. VIP Industries: The company’s board has approved raising up to Rs 100 crore via NCDs.

8. Muthoot Capital Services: The company has completed a securitisation transaction of Rs 100.89 crore on July 6.

9. Container Corporation of India: The company’s total throughput in Q1FY21 was down 21 percent at 7.33 lakh TEUs.

10. NLC India: The company has commissioned solar project in the Andaman islands on June 30.

The Indian market is likely to open higher Thursday following a positive trend in the global. At 8:00 am, the SGX Nifty was trading 39.80 points or 0.37 percent higher at 10,722.00, indicating a positive start for the Sensex and Nifty50.

Here are the top 10 buzzing stocks for today:

1. Tata Consultancy Services: The IT major will release its Q1FY21 earnings later today. TCS is expected to see a revenue decline of 3.5 percent in constant currency (CC) terms. Gains from a weak Indian rupee and operational rigour should help TCS contain margin decline to 34 bps versus Q4FY20 despite sharp fall in growth rate. The company’s commentary on the macro environment and new deals and cost control will be monitorable, according to Edelweiss Securities.

2. ICICI Bank: The bank will raise up to Rs 15,000 crore in core capital through a variety of routes such as private placement of shares or preferential issue or qualified institutions placement (QIP) or follow-on public offering (FPO), or a combination thereof.

3. Yes Bank: State Bank of India’s board has approved a maximum investment of up to Rs 1,760 crore in Yes Bank’s upcoming further public offer (FPO).

4. GAIL India: LIC has increased its stake in the company by 2.014 percent to 7.019 percent via market purchases.

5. South Indian Bank: The bank reported Q1FY21 profit at Rs 81.65 crore as against Rs 73.26 crore and net interest income (NII) at Rs 586.89 crore versus Rs 535.66 crore, YoY.

6. Parsvnath Developers: The company has entered into an agreement with the Delhi Metro Rail Corporation (DMRC) along with subsidiary Parsvnath Realty Ventures (PRVL), an SPV, for a project at Akshardham Metro Station, New Delhi.

7. The Phoenix Mills: The company has opened a new mall, Phoenix Palassio, in Lucknow.

8. Radico Khaitan: CARE Ratings has reaffirmed its credit rating on the company’s long-term bank facilities at AA- with stable outlook.

9. GE T&D India: ICRA has reaffirmed long-term and short-term credit ratings of the company and has downgraded the outlook from stable to negative for long-term ratings.

10. Sharika Enterprises: The company has received an order worth Rs 26.55 crore from BHEL.

The Indian market is likely to open flat-to-higher Wednesday following mixed trend in Asian peers as concerns over rising coronavirus cases continue to linger. At 7:50 am, the SGX Nifty was trading 23.55 points or 0.22 percent higher at 10,779.50, indicating a positive start for the Sensex and Nifty50.

Here are the top 10 buzzing stocks for today:

1. Cipla: The company is expected to launch its version of the drug Remdesivir in 1-2 days. The first batch of Cipla’s Remdesivir has left the manufacturing site of Sovereign Pharma, the Daman-based company that was contracted to make finished dosages of Remdesivir.

2. Maruti Suzuki India: The company’s production in June declined to 50,742 units as against 111,917 units, YoY.

3. Yes Bank: The bank’s Capital Raising Committee has approved fund raising via Further Public Offering (FPO). The bank is expected to raise around Rs 10,000 – 15,000 crore, depending on investor appetite, sources told CNBC-TV18.

4. Titan Company: The company’s jewellery business revenue in May and June months was at slightly below 20 percent and around 70 percent compared to the corresponding months of the previous year. As at the end of June 2020, the company has re-opened around 83 percent of its stores across all businesses.

5. Adani Ports & SEZ: The company’s board has approved rising up to $1.25 billion via dollar denominated foreign currency bonds.

6. Coal India: The company said that the unions resorted to strike from the first shift of July 2 to the third shift of July 4. The strike was peaceful without any untoward incidence. Normalcy has been resorted from July 5.

7. NLC India: The company’s cement production in Q1FY21 fell 16 percent to 4.65 lakh ton and cement boards production declined 26 percent to 12,570 ton.

8. BEML: The company’s board has approved the closure of its loss making arm Vignyan Industries.

9. Zuari Agro Chemicals: The company has shut down a plant due to the non-availability of workers owing to COVID-19.

10. Birlasoft: The company has partnered with Innoveo to fast-track the journey to digital excellence.

The Indian market is likely to open lower Tuesday following a mixed trend in Asian markets. At 8:00 am, the SGX Nifty was trading 34.45 points or 0.32 percent lower at 10,726.00, indicating a negative start for the Sensex and Nifty50.

Here are the top 10 buzzing stocks for today:

1. Bajaj Finance: The company said it may consider additional accelerated provisioning for COVID-19 in Q1FY21 as well to further strengthen its balance sheet. The company’s AUM under mortarium has reduced from 27 percent as of April 30, 2020, to 15.5 percent as of June 30, 2020.

2. Hindustan Unilever: The company was granted interim relief by the Bombay High Court as it sought injunction against Emami from issuing what it called groundless threats with respect to the use of its trademark Glow & Handsome. HUL also sought a limited ad-interim relief that Emami should give at least seven days prior written notice to the company before initiating any legal proceedings in any court or claiming any interim or ad-interim relief on the use of the Glow & Handsome trademark by HUL.

3. Punjab National Bank: The bank’s board will meet on July 9 to consider capital raising.

4. Bandhan Bank: The bank’s loans and advances during Q1FY21 rose 18 percent to Rs 74,325 crore and deposits increased 35 percent to Rs 60,602 crore, YoY. CASA ratio was at 37.1 percent versus 36.8 percent, on a sequential basis.

5. PVR: The company has set rights issue price at Rs 784 per share. The issue opens from July 17 to July 31. The rights entitlement ratio is 7 shares for every 94 shares held with record date set on July 10.

6. Godrej Consumer Products: The company expects absolute sales in Q1FY21 to be marginally lower compared to the base quarter. It expects close to mid single-digit, volume-driven sales growth in the quarter.

7. Shriram Transport Finance: The company has fixed the issue price for its Rs 1,500 crore rights issue at Rs 570 per share

8. Karur Vysya Bank: The bank has partnered with Star Health & Allied Insurance to sell its health insurance products.

9. Canara Bank: The bank will consider raising capital on July 10 for fiscal 2021.

10. Greaves Cotton: The company’s subsidiary Ampere Vehicles will acquire shares of Bestway Agencies on a fully diluted basis through secondary purchase.

The Indian market is likely to open higher Monday following a mixed trend in Asian peers. At 8:30 am, the SGX Nifty was trading 120.30 points or 1.14 percent higher at 10,688.30, indicating a positive start for the Sensex and Nifty50.

Here are the top 10 buzzing stocks for today:

1. HDFC Bank: The bank’s advances in Q1FY21 rose 21 percent to Rs 10,04,500 crore from Rs 8,29,700 crore, YoY. Deposits increased 25 percent to Rs 11,89,500 crore versus Rs 9,54,600 crore, YoY.

2. ICICI Bank: The bank’s board will meet on July 8 to consider the proposal of raising funds by issue of equity shares and/or other equity-linked securities, subject to shareholders’ approval and regulatory and other approvals as may be required.

3, IndusInd Bank: The bank’s deposits in Q1FY21 rose 5.7 percent to Rs 2,11,970 crore and net advances increased 3.5 percent to Rs 2,00,357 crore, YoY. CASA ratio was at 12 quarter low of 40.2 percent.

4. Federal Bank: The bank’s deposits in Q1FY21 increased 16.9 percent to Rs 1,54,938 crore while advances rose 8.2 percent to at Rs 1,23,085 crore, YoY. CASA ratio was at 5 quarter high of 32.02 percent.

5. Marico: The company said that its revenues declined in double-digit in Q1FY21, but a combination of benign input costs, aggressive cost control and rationalization of A&P spends in few discretionary portfolios on a lower topline, will lead to expansion of operating margins compared to the corresponding quarter last year.

6. Coal India: The company has signed joint venture agreements with NLC India to develop solar and thermal power assets on a pan India basis.

7. Adani Ports and Special Economic Zone: The company has achieved a throughput of 41.5 MMT across its nine operating ports in India in Q1FY21.

8. Oil India: The company’s cumulative production loss since May 27, 2020 due to bandhs and blockades stood at 9,072 MT of crude oil and 11.61 MMSCM of natural gas.

9. Sobha Ltd: The company reported Q1FY21 sales volume at 650,400 lakh square feet valued at Rs 488 crore, with a total average realization of Rs 7,498 per square feet.

10. PNB Housing Finance: CARE Ratings has downgraded the company’s bank borrowings, NCDs and fixed deposits to CARE AA from CARE AA-. The Outlook has been revised to Stable from Negative.

The Indian market is likely to open higher Friday following gains in global markets. At 8:00 am, the SGX Nifty was trading 30.35 points or 0.29 percent higher at 10,582.20, indicating a positive start for the Sensex and Nifty50.

Here are the top 10 buzzing stocks for today:

1. J B Chemicals & Pharmaceuticals: Global investment firm KKR will acquire 54 percent stake in the company for up to Rs 3,109 crore in various tranches. KKR will acquire its stake from the founding Mody family at a price of Rs 745 per share and make an open offer for an additional 26 percent of the company.

2. Hindustan Unilever: Emami said it is seeking legal help against Hindustan Unilever’s use of ‘Glow & Handsome’ brand name as it had already launched a week back in its brand ‘Emami Glow and Handsome’.

3. Axis Bank: The bank will wind down and close the operations of its subsidiary Axis Bank UK Limited and targeting for surrendering of the banking license by end of April 2021, which has been reviewed with the UK regulators. The decision will not have any material impact on the operations or the financial position of the bank, it said.

4. Motherson Sumi Systems Ltd (MSSL): The company has approved a group reorganization plan. It announced demerger of Domestic Wiring Harness (DWH) business from MSSL into a new company and subsequent merger of Samvardhana Motherson International Ltd (SAMIL) into MSSL.

5. HDFC Life Insurance: The company will be included in Nifty50 index instead of Vedanta from July 31.

6. VST Tillers and Tractors: The company’s sales in June rose to 805 tractors from 728 units, YoY. Sales of power tillers stood at 2,675 units as against 3,325 units, YoY.

7. Muthoot Finance: The company will consider shareholder’s nod for share split and to increase borrowing powers of the board to Rs 75,000 crore from existing Rs 50,000 crore on July 18.

8. PNC Infratech: CARE Ratings has reaffirmed its credit rating on the long term bank facilities of the company’s four subsidiaries.

9. Affle India: The company will acquire 8 percent stake in OSLabs for $2.86 million.

10. GPT Infraprojects: The company has bagged an order valued at Rs 102.80 crore.

The Indian market is likely to open higher Thursday tracking gains in Asian peers that rose on positive news overnight around the development of a potential coronavirus vaccine. At 7:55 am, the SGX Nifty was trading 76.95 points or 0.74 percent higher at 10,473.50, indicating a positive start for the Sensex and Nifty50.

Here are the top 10 buzzing stocks for today:

1. Tata Motors: The company reported total sales in Q1FY21 at 25,047 vehicles as against 1,37,545 vehicles during Q1FY20.

2. Ashok Leyland: The company’s sales in June stood at 2,394 vehicles as against 12,810 vehicles in June 2019.

3. TVS Motor Company: The company registered sales of 1,98,387 units in June, 33 percent lower YoY. Motorcycle registered sales of 84,401 units in June as against 1,31,331 units, YoY.

4. Coal India: The company’s provisional output in June slipped 12.8 percent to 39.2 lakh tonnes versus 44.95 lakh tonnes, while offtake fell 15 percent to 41.6 lakh tonnes from 48.98 lakh tonnes, YoY.

5. NMDC: The company’s production in June remained unchanged at 5.04 MT while sales fell to 4.96 MT from 5.32 MT, YoY.

6. India Cements: The company does not expect any major impact of pandemic on the supply chain system. It has availed the first moratorium offered by Reserve Bank of India and has requested its lenders to extend the second moratorium.

7. ABB Power Products and Systems India: The company has announced the commencement of operations of its newly formed joint venture with Hitachi named Hitachi ABB Power Grids Ltd. The alliance with Hitachi will facilitate expansion opportunities for the new entity in areas such as mobility, smart cities, industry, energy storage and data centers, besides providing financial muscle to support ambitious projects and enabling access to Japan, the company said.

8. JSW Energy: CARE Ratings has revised the company’s outlook to Stable on the long/short term bank facilities and debt instruments.

9. Eveready Industries: The company’s Q4FY20 profit rose to Rs 63.06 crore from Rs 4.54 crore while revenue fell to Rs 224 crore from Rs 331.64 crore, YoY.

10. Urja Global: The company has signed an MoU with Ogata Motors India for the manufacture of electric vehicles in Delhi.