Sensex flip-flops; top 10 stocks in focus

NEW DELHI: The markets are trading cautiously ahead of the Budget day. Both Sensex and Nifty are seen flipping between the red and green zones.

At 11:51 am, ONGC and Sesa Sterlite were the top Sensex losers. ONGC was at Rs 315.4, down 3.0%, and Sesa Sterlite was at Rs 213.5, down 2.7%.


Here is a list of ten stocks which are likely to be in focus today:

SpiceJet Ltd: Low fare carrier SpiceJet's chief operating officer Sanjiv Kapoor Monday wrote to his staff giving them a morale-boost, days ahead of its formal change of ownership to former promoter Ajay Singh.

Crompton Greaves Ltd: Avantha Group company CG has bagged a $20 million contract from Indonesian firm PT PLN for setting up power transmission infrastructure.

PSU Banks Ltd: Employee unions of public sector banks today withdrew their strike call following an agreement with the management on 15 per cent wage hike.

Bajaj Hindusthan Ltd: Promoters of Bajaj Hindusthan Sugar have pledged their entire 46.13 per cent stake in the company to SBICap Trustee Company Ltd as part of the debt restructuring plan.

Maruti Suzuki Ltd: The automaker that sells every second car in the Indian mass market would start a new range of premium dealerships across India to focus on sale of new niche models as the company aims to double its volume to two million cars in the next five years.

Infosys Ltd: The IT major is about to make its second startup investment this year, in a firm that makes air quality detectors as India's second-biggest software company doubles down on identifying next generation technologies under the new CEO Vishal Sikka.

NTPC Ltd: Boosting the prospects of Uttar Pradesh Chief Minister Akhilesh Yadav's promise of providing adequate power supply by 2016-17, NTPC Limited has said it will supply an additional 1,657 Megawatt (Mw) to the state in two years.

ITC Ltd: ITC is on an acquisition spree. Within a fortnight of a major buy in the personal care products space, the Rs 45,000-crore conglomerate looks set for an over Rs 500-crore acquisition in the hospitality sector, said media reports.

Ashok Leyland Ltd: The Chennai-based truck and bus maker, has not given up on its maiden passenger vehicle venture, despite poor sales. Its multi-seater Stile van saw sales of only 311 units in the April 2014-January 2015 period, less than half the same period of the previous year, when it was 694 units.

Suzlon Energy Ltd: Billionaire Dilip Shanghvi will provide as much as Rs.38 billion ($610 million) of security for Suzlon Energy Ltd to help Asia's second-largest maker of wind turbines fill orders and return to profit.