Tuesday, October 16, 2012

Top Stocks For Today: 16th Oct

Here are the top stocks to trade today. Market sentiments suggesting a big trading volume in these stocks.

Stock Tips For TodayReliance Industries
Reliance Industries delivered along street expectations. Net profit saw a 20 percent gain at Rs 5,376 crore. GRMs were up 25% percent sequentially at USD 9.5 a barrel.

Axis Bank
In banks, Axis Bank's net interest income came in line at Rs 2,327 crore. However, there is slight deterioration in asset quality, but lesser compared to the previous quarter.

Tata Motors
global sales of the company in September, down from 4 percent to 1.03 million units and JLR sales fell 4 percent to 26 461 units. The Passenger vehicle sales 11 per cent to 48 895 units. The Global Commercial Vehicle sales rose 3 percent to 54 761 units.   

Adani Port
3 times 1840 hectares of violations of Gujarat SEZ approval will be canceled.  

Maintenance Attuged
Jhunjhunwala resigned as director of the company. 

Deccan Chronicles
company accounts committee has been formed to investigate.

foreign bonds will raise $ 50 million and the company will start its roadshow in London. 

trading violations at the company's MD fined Rs 1 lakh.

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