Stocks to watch: Bharti Airtel, DLF, RComm, Reliance Infra
Reliance Industries and ONGC will be watched after oil extended gains above $67 a barrel on Friday, after a 5.7 percent jump in the previous session.
By ET Bureau |
MUMBAI: Shares of Bharti Airtel will be in action as its period of exclusive talks for a possible merger with South Africa's MTN is due to end today on Friday
Reliance Industries and ONGC will be watched after oil extended gains above $67 a barrel on Friday, after a 5.7 percent jump in the previous session.
Meanwhile, shares of Reliance Communications, Hindalco Industries and Suzlon Energy will witness action ahead of their earnings declaration.
Reliance Infrastructure posted a 25 percent rise in quarterly profit late on Thursday, while leading realty firm DLF Ltd said its profit fell nearly 80 per cent.
Bharat Petroleum Corp has said it is unlikely to bear the petroleum subsidy burden this year. It is in talks for a private placement for its Bina refining subsidiary expected to be operational by January 2010.
Bharti Airtel has signed on as the title sponsor of the Champions League Twenty20 cricket event for Rs 120 crore for five years with broadcaster ESPN Software India Pvt Ltd.
State Bank of India, Life Insurance Corp, General Insurance Corp, Bank of Baroda and IDBI Bank, among others, have helped Reliance Equity Advisors, part of Anil Dhirubhai Ambani Group, raise around Rs 1500 crore.
Reliance Industries and ONGC will be watched after oil extended gains above $67 a barrel on Friday, after a 5.7 percent jump in the previous session.
Meanwhile, shares of Reliance Communications, Hindalco Industries and Suzlon Energy will witness action ahead of their earnings declaration.
Reliance Infrastructure posted a 25 percent rise in quarterly profit late on Thursday, while leading realty firm DLF Ltd said its profit fell nearly 80 per cent.
Bharat Petroleum Corp has said it is unlikely to bear the petroleum subsidy burden this year. It is in talks for a private placement for its Bina refining subsidiary expected to be operational by January 2010.
Bharti Airtel has signed on as the title sponsor of the Champions League Twenty20 cricket event for Rs 120 crore for five years with broadcaster ESPN Software India Pvt Ltd.
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State Bank of India, Life Insurance Corp, General Insurance Corp, Bank of Baroda and IDBI Bank, among others, have helped Reliance Equity Advisors, part of Anil Dhirubhai Ambani Group, raise around Rs 1500 crore.
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