Indian bourses are expected to see a listless opening on Friday, tracking weak global peers. The GIFT Nifty futures suggest a flat start, trading just 6 points lower than Nifty50 futures at 24,834 levels
Some top stocks to watch on Friday include:
FSN E-Commerce Ventures (Nykaa): Pre-IPO investor Harindarpal Singh Banga is set to sell up to 1.4% of his stake in Nykaa at a floor price of Rs 198 per share.
Ambuja Cements: Promoter group entity Holderind Investments is launching a block deal to sell a 2.84% stake in Ambuja Cements for $500 million, with a floor price of Rs 600 per share.
Shriram Finance: The Competition Commission of India (CCI) has approved Shriram Housing Finance’s sale to Mango Crest Investment Ltd, an affiliate of Warburg Pincus.
Bharti Airtel: The company has announced a reduction in its GST liability following an appeal, with the Central Goods and Services Tax Appellate Authority reducing its GST demand from Rs 604.66 crore to Rs 194 crore.
Adani Power: The company’s Rs 4,101 crore resolution plan to acquire Lanco Amarkantak Power Ltd has been approved by the National Company Law Tribunal (NCLT), Hyderabad Bench.
