Stocks To Watch: Infosys, Bharti Airtel, Max Healthcare
The stock markets are likely to open on a cautious note on account of mixed cues from the Asian Street. Asia-Pacific stocks were mixed in early trade on Thursday, as US markets again surged to record highs. Japan's Nikkei 225 rose 0.36 per cent and Topix edged up 0.14 per cent, whereas in Australia, the S&P/ASX 200 fell 0.31 per cent. Trends on SGX Nifty indicate a negative opening for Nifty, with a 20-points loss. At 7:30 am, the Nifty futures were trading at 16,603, lower by 20 points or 0.15 per cent on the Singapore Stock Exchange.
On Wednesday, the BSE Sensex was down 14.77 points at 55,944.21 and the Nifty rose 10.10 points to 16,634.70.
Stocks to watch in trade in today's session
Infosys
Infosys will set up a new digital development centre at its largest Canadian office in Mississauga, a move that will help in creating 500 high-quality jobs in the Toronto region over the next three years.
Bharti Airtel
Bharti Airtel's board will meet on August 29 to consider various capital raising via equity or equity linked or debt instruments.
Max Healthcare
Max Healthcare Institute has approved an additional investment of Rs 50 crore by way of subscription towards Rights Issue of equity shares of Alps Hospitals.
Bank of India
Bank of India has approved the launch of QIP at a floor price of Rs 66.19 per equity share, and aimed at raising Rs 3,000 crore equity capital.
