)
The markets are likely to open in green tracking positive global cues.
U.S. stocks rose on Wednesday, led by drugmakers, while a Supreme Court ruling lifted the shares of major broadcasters.
Asian shares swung higher on Thursday as weak U.S. growth seemed to further delay the day when interest rates might rise, pulling down bond yields globally and pushing investors toward riskier assets in a desperate search for returns.
Stocks to watch:
The Modi-led government had decided to hike the price of domestic gas produce earlier but is now dithering over taking a call on notifying the new price from July 1.
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday deferred a decision by three months, though it did not modify the pricing formula notified in January this year. As a result, ONGC and Reliance will remain in focus.
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday deferred a decision by three months, though it did not modify the pricing formula notified in January this year. As a result, ONGC and Reliance will remain in focus.
On the back of deferred gas price hike, Fertilizer stocks are likely to benefit.
Tata Consultancy Services, India's largest software services firm, is chosen by Dutch insurance firm REAAL N V to develop and modernize mainframe applications and servicing the company's life insurance portfolio.
The Auto industry and Capital goods sector are likely to gain as the government extended the cut in excise duty from 8% to the earlier 12% by another six months.
Avantha Group Company CG (Crompton Greaves), along with the other consortium partners Fabricom and Iemants, has been chosen by Van Oord, for the offshore wind project 'Gemini' in the Netherlands.
