Top 5 stocks to watch in Indian markets right now!

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Published on July 8, 2020 4:52:24 AM ● Video Link: https://www.youtube.com/watch?v=arfVwyBL7I4

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TOP 5 STOCKS TO WATCH IN TRADE
Reliance Industries’ unit Jio Platforms has received the subscription amount of Rs 43,574 cr from Jaadhu Holdings, a wholly-owned unit of Facebook Inc for a 9.99% stake, the amount was received after all requisite approvals.


Yes Bank is set to raise capital via FPO. The amount not disclosed but the bank has taken approval to raise `15000 Cr. The CRC of the Board will meet on July 10th to finalise fundraise. Axis Capital, Kotak Investment Banking, SBI Caps, Bank of America, Citi and HSBC Capital Market appointed

Tata Motors Q1 Compact segment was clocked in at 4792 units, down 75% YoY, whereas the UVs were at 3271 units, down 84% YoY. Meanwhile Maruti’s Total production at 49476 units, down 55% YoY.

Titan shared its Q1 update where the company Re-opened around 83% of its stores across all businesses. Revenue in May & June months were at slightly below 20% & around 70% vs corresponding months of the previous year.

ACC: Morgan Stanley Maintained an Underweight rating with a Target at `930/share. The brokerage said the company is pursuing a capacity expansion plan, enhancing product portfolio.
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