Persistent FII selling, fears of faster stimulus withdrawal in US and monthly expiry related pressure could weigh on the market sentiment on Thursday. Meanwhile, here the top stocks to focus in trade today.
Reliance Industries: The company’s board has decided to implement a Scheme of Arrangement (Scheme) to transfer Gasification Undertaking into a wholly-owned subsidiary (WOS). The Scheme will be executed as a going concern on slump sale basis for a lump sum consideration equal to the carrying value as on the appointed date.
Asian Paints: The Dani family, one of the promoters of India’s largest paint firm, Asian Paints has come under fire from proxy advisory firm InGovern after the latter pointed out several related party transactions between Asian