Open Market: BSE Sensex opened at 33,603.36 up by 41.81 points at the late hours on Thursday. NSE Nifty also opened marginally higher at 10,358.55 up by 16.25 points at the same time. Shares of HPCL, IOC and Sun Pharma were declined by more than 0.7% each. In the Sensex pack, shares of Dr Reddy’s lab plunged by nearly 2% in the morning trade, while Tata Steel, Bajaj Auto clocked gains of about 0.5%.
Stocks to Watch out: The Board of Sundram Fasteners Ltd, a TVS Group company, has given its consent to raise funds up to Rs. 500 crore through NCDs as per c company statement.
Thomas Cook (India) announced its approval to divest a 5.42% stake in its subsidiary, Quest Corp, to bring its share-holdings to 51.56 percent. By this means, they propose to raise funds of over Rs 600 crore through an offer for sale route in two trading sessions viz. 23 & 24 November 2017.
Tata Teleservices (Maharashtra) announced that the Crisil rating has upgraded its ratings on the company’s Rs. 5,166 cr bank loan facilities to CRISIL AA-/CRISIL A1+from CRISIL-A/CRISIL A1.
Arrow Greentech (AGTL) said it has got a patent for method of manufacturing embedded water-soluble film carrier from USA Patent Office.
HealthCare Global Enterprises has announced its approval for issuance of 11.66 lakh equity shares at Rs 300 each on preferential allotment basis, to Ingrowth Capital Fund-1, a Sebi registered Category-lll, Alternative Investment Fund.