NEW DELHI: Nifty futures on the Singapore Exchange traded 42 points, or 0.39 per cent higher at 10,820.50, in signs that Dalal Street was headed for a positive start on Monday. Here are a few stocks which may buzz the most in today’s trade:
Bharti Airtel, Vodafone Idea: The telecom regulator has asked Bharti Airtel and Vodafone Idea to put on hold specific plans that promised faster speeds to certain priority users, as it questioned whether the network preference came at the cost of deterioration of services for other subscribers.
Reliance Industries (RIL): Billionaire Mukesh Ambani’s RIL said it has secured Rs 730 crore from wireless technology leader Qualcomm by selling a small stake in its technology venture, adding to a slew of investments since April that has crossed Rs 1.18 lakh crore.
DMart: Avenue Supermarts, which owns and operates retail chain DMart, said it has recovered 80 per cent of its business in the stores, wherever it has been allowed to operate unhindered. The company reported an 87.59 per cent decline in consolidated net profit at Rs 40.08 crore for the June quarter.
JSW Steel: Concerned over uncertain market conditions, JSW Steel has decided to reduce its capex target for 2020-21 by about 45 per cent to Rs 9,000 crore against its earlier plan of spending Rs 16,340 crore.