05 Oct Indian Stock Market News: Stock in Focus today, Best Stock Advisor

Stock in News, Best Stock Tips, Money Maker Tips, Todays Market Update, Top Investment AdvisorySensex, Nifty opened higher on Thursday after brightening up RBI’s move to keep the repo rates unchanged on Wednesday. The BSE Sensex jumped about 65 points at 31,736 levels while the NSE Nifty advanced 23 points at 9,938 in the morning hours.
These stocks will be in focus today: Stock of SBI will be watched out as Rajnish Kumar was appointed to be the new Chairman of the SBI for 3 years. He will take over Arundhati Bhattacharya whose tenure is ending this week.
Force Motors Limited has reported domestic sales of September month at 2,798 units and exports stood at 336 units.
Reliance Communication has decided to withdraw its preparation to demerge its tower business. The company scrapped the deal citing legal and regulatory qualms and interventions by various parties.
ICICI Bank announced that the bank approved the allotment of 4,750 Basel-III compliant unsecured subordinated perpetual additional Tier-1 bonds aggregating Rs.475 crore on PP basis.
Wipro Ltd announced that the company has inked a definitive agreement to acquire Cooper, an award winning design & business strategy consultancy. The acquisition is depending on customary closing conditions and is expected to be closed in the third quarter of fiscal 2017-18.
Indian Rupee Watch: -The domestic currency recoiled heavily on Thursday after plunging to 6 ½ month low in Sept as the RBI kept the key policy rates unchanged. The rupee advanced 49 paise to end at 65.01/unit USD.