Based on ongoing developments, following two major stocks are seen to be in action tomorrow, 14 December 2018:
Yes Bank Ltd: The board of Yes Bank is set to conclude the candidate for the position of Chief Executive Officer to replace Rana Kapoor in the meeting scheduled on January 9.
After this conclusion, the name will be submitted to the Reserve Bank of India for approval. The Yes bank stock is likely to be in the focus during Friday’s trading session.
Indian Oil Corporation Limited (IOC) : The oil marketing major is set to buyback 3 percent equity shares for Rs4435 crore. The company will buy-back 29.76 crore shares at Rs.149 each. The stock is expected to be in limelight in Friday’s trading session, based on prospects of the company.
BUY IBULHSGFIN FUTURE ABOVE 820 TARGETS 840
BUY INDIGO FUTURE ABOVE 1086 TARGETS 1102.65