Benchmark indices are trading in positive territory wherein Nifty comfortably traded over 9900 level. Nifty Bank showcased weak trading and was down 0.01% at 24,434 level. Infosys’s board will consider a proposal to buy back shares at a meeting on August 19, 2017. Infosys gained 3.48% at Rs 1010.75 per share. BSE Realty is one of the top gaining index in the morning session on Thursday. It is up by 1.63% at 2129. Indiabulls Real Estate is contributing majorly to the index gains and pulling it to higher levels
Best Stocks to Buy : 17th August Thursday
By keeping an eye on every movement of shares, your investment can be safely done. Here we are talking about such stocks which will remain in the news today and on whom the market will look.
Syntax Industries – Morgan Stanley bought 31.80 million shares at Rs 33.05 per share. Russell Investments has also bought 34.43 lakh shares at a price of Rs 33.05 per share.
Gujrat floreo / hawkins – Anti-dumping duty on PTFE has increased for 5 years.PTFE, which is used in non stick coating on utensils, comes from China. These steps have been taken to provide relief to the domestic industry.
Indian Hotels – On Monday, the options for raising the capital in the board meeting will be considered.
L & T – This subsidiary will sell its subsidiary L & T cutting tools, this decision has been taken to focus on core business. For this, 173 crore has been traded with IMC International Metalworking.
IOC – Petronas Ennore can buy part in the LNG terminal. Ennore LNG Terminal will be completed by 2018. Petronas is the oil company of Malaysia.