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NEW DELHI: Singapore trading indicates a gap up opening for indices in Mumbai, especially after hopes of a Brexit deal increased. These stocks may buzz the most during the day:
Mrs Bectors Food: Mrs Bectors Food Specialities, which recently concluded its Rs 541-crore initial public offering, will make its debut on the stock exchanges on Thursday. The equity shares will be listed on the BSE and the National Stock Exchange.
Vedanta: Billionaire Anil Agarwal’s Vedanta Resources, which failed to garner the required number of shares to delist its Indian arm Vedanta in October, will buy around 4.9 per cent stake on Thursday through block deals.
SGX Nifty Futures hinted at a possible gap-up start for the Indian equity indices on Thursday. Here are the top stocks to track in today s session:
Mrs Bectors: Mrs Bectors Food shares will debut at the stock bourses today. The IPO with 198 times bid is the most subscribed issue of CY 2020.
DTH service providers: The stocks of DTH service providers such as Dish TV, Hathaway Cables, Den Networks will be in focus today after the Union Cabinet approved changes to the guidelines for providing Direct to Home (DTH) services to bring it in line with the existing policy that allows 100 per cent FDI in the DTH broadcasting services sector. It also said that licences will now be issued for 20 years with a renewal provision after every 10 years.