Pre-Market: Ten stocks to watch in today's trade

Markets likely to see a green start on account of positive global cues

SI Reporter Mumbai
Last Updated : Nov 24 2014 | 8:37 AM IST
Markets are likely to see a positive opening on account of positive global cues. Early indicator, SGX Nifty was up 55 points at 8,543.

Markets will be closely tracking teh developments of the winter session of parliament begins today with nearly 67 bills to be placed before it.

In Asia, share markets were broadly higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro skidding.

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The CSI300 Index of the largest companies listed in Shanghai and Shenzhen opened up 1.2% at its highest level since June 2013, while the Shanghai Composite Index opened up 0.8%. Stocks in Hong Kong were also up 1.9%.

Tokyo's market was closed for a holiday on Monday, but MSCI's broadest index of Asia-Pacific shares outside Japan .

On Friday, The Dow and S&P 500 both added 0.5% on Friday, while the Nasdaq put on 0.24%. Germany's DAX and France's CAC rose nearly 3% in anticipation of more action by the ECB.

Stcoks to Watch

Infrastructure space will see some action was the space is all set for a major fund-boost worth billions of dollars from the foreign venture capital investors as regulator Sebi has removed a lacunae in norms to allow such investments

Tata Steel: Tata Steel has slipped to number three position in the Indian steel market, after JSW Steel, from being the second largest at the time of the Corus acquisition in 2007.

Tata Motors: Plans to introduce several new technologies, including the automated manual transmission (AMT), in its commercial vehicles in a bid to consolidate its position in the segment.

Coal India: The labour unions of state-run Coal India have called off a strike planned for Monday in protest against a stake sale and opening up of the industry, setting the stage for Prime Minister Narendra Modi to press ahead with energy reforms.

Tata Teleservices: Japanese telecom giant NTT Docomo says it will go by its shareholder agreement with Tatas in selling its entire 26.5 per cent stake in Tata Teleservices Ltd (TTSL) and exiting the joint venture.

MTNL: Has been given six months to improve the quality of its services, failing which heads may roll at the company.

Adani Power: Will acquire Avantha group's Korba West Power, a wholly owned subsidiary of Avantha Power

Transgene Biotek: In a suspected case of round tripping through a web of cryptic deals running across India, Hong Kong and Switzerland, Sebi has ordered a detailed probe into the alleged diversion of funds raised by a pharma company through issuance of Global Depository Receipts (GDRs)

Eicher Motors:  premium motorcycle manufacturer Royal Enfield is looking at ramping up production at its two facilities here besides setting up a third plant

ACC and Ambuja Cements: CCI has put mega merger deal -- between Holcim and Lafarge -- under public scrutiny after prima facie finding it could hurt competition in Indian cement market. Swiss major Holcim operates through its two subsidiaries ACC Ltd and Ambuja Cements Ltd

United Spirits: Institutional investors and proxy advisory firms have questioned company's move to ratify related-party contracts/agreements entered into with entities associated with Chairman Vijay Mallya.

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First Published: Nov 24 2014 | 8:35 AM IST

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