Mixed global cues and Nifty futures on the Singapore Stock Exchange (SGX) signalled a negative opening for the domestic stocks on Wednesday. At 08:11 am, the Nifty futures on SGX traded 12 points or 0.11 per cent lower at 10,595.
Here is a list of stocks that are likely to be in focus in today's trading session:
IDBI Bank: The government is reviewing the planned strategic sale in IDBI BankNSE -0.34 %. The bank may issue fresh preferential shares, allowing multiple investors to participate, rather than seek to push through strategic sale to a single entity.
McLeodNSE -1.08 % Russel: The company has decided to sell eight tea estates in Assam to MK Shah Exports for Rs 331 crore as part of a plan to pare debt and enter the packet tea business. McLeod Russel signed a memorandum of understanding with MK Shah Exports on Tuesday to carry out due diligence before the deal is clinched.
CG Power & Industrial Solutions (erstwhile Crompton GreavesNSE 2.52 %) : The company has bagged an order from the Indian Railways valued at Rs 319 crore to supply Under Slung Electrics for Diesel Electric Tower Car (DETC).
Glenmark Pharma: According to a media report the drug maker has received five observations from USFDA for its Pithampur facility.
Grasim Industries: The copmpany said that a strike by workers of Jaya Shree Textiles -- a division of the company at Rishra, Hooghly, West Bengal, from June 4 is still continuing but will not have any material impact on the company's overall business .
Hindustan Unilever: Hindustan Unilever has decided to combine its foods and refreshments business into a single division effective July in an effort to increase agility, in line with the global category structure of Anglo-Dutch parent Unilever.
L&T technologies: L&T Technology Services Limited announced new Smart City, Campus & Building Solutions integrations with Microsoft Dynamics 365 for Field Service for its enterprise customers.
Tata Motors: Tata MotorsNSE 0.82 % in a presentation to investors on Tuesday said it is working on close to a dozen electric and hybrid vehicle solutions in the commercial vehicle space and is simultaneously moving towards a dedicated electric vehicle platform in the passenger vehicle front.
Indiabulls Housing Finance: Indiabulls Housing Finance has on 05 June 2018 allotted its sixteenth tranche of Secured, Redeemable, Non-Convertible Debentures of face value Rs. 10 lakh each ('NCDs') aggregating to Rs. 145 crore on private placement basis.
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