Indian stocks likely to open lower today as markets remain mixed

Indian stocks likely to open lower today as markets remain mixed

The Indian market is likely to open lower today as SGX Nifty quoted 223 points lower at 17,379 at 9: 00 am amid mixed global cues. The Indian market closed higher as investors in Index Heavyweight Reliance Industries continued to gain, despite a positive trend in global markets.

Sensex ended 454.10 points higher at 58,795 and Nifty rose by 121 points to 17,536. Reliance Industries was the leading Sensex gainer, with over 6 per cent coming from ITC, Infosys, Tech Mahindra, Titan, Bharti Airtel and PowerGrid.

Here's a look at stocks that are likely to remain in news today.

HDFC: Mortgage lender Housing Development Finance Corporation HDFC Ltd will raise up to 10,000 crore by issuing bonds on private placement basis to increase its long-term capital.

Bharti Airtel: Fitch Ratings has affirmed Bharti Airtel's long-term foreign currency issuer Default Rating IDR and senior unsecured rating at 'BBB - The outlook on the IDR is negative, Fitch Ratings said.

The shares of Life Sciences firm Tarsons Products are likely to make a strong market debut today. The stock is expected to be listed at a premium of 27% compared to the IPO issue price of Rs 662. The grey market premium GMP of Tarsons Products is around Rs 180 level.

TCS: Software firm TCS has won a multi-year deal from South 32. Without sharing the deal size, the Tata group company said the deal involves streamlining and enhancing South 32's IT operating model for greater resilience and agility.

Piramal Enterprises: Piramal Capital Housing Finance PCHFL is working with API Holdings to provide financing solutions to customers. By the end of the fiscal, it has allocated 100 crore for disbursement. Piramal Capital, a wholly owned subsidiary of Piramal Enterprises, has forged a strategic partnership with API Holdings through its digital platform Retailio.

The board of JSW Energy has approved the reorganisation of green renewable and grey thermal businesses. All the existing and upcoming renewable energy businesses will be housed under 'JSW Energy Neo Limited', a wholly owned subsidiary of the company, according to JSW Energy.