NEW DELHI: Indian markets are expected to trade in a range on Tuesday following positive trend seen in other Asian markets. The key support for the index is around 6,670 levels.
"The Nifty is expected to trend up till 6740 in the next couple of days. In this period the key support will be at 6670 and resistance will be at 6740," said Somil Mehta, Senior Tech Analyst (Equity) at Sharekhan.
Here is a list of ten stocks which are likely to be in focus in trade today:
Reliance Industries Ltd: RILBSE 0.72 % will continue to supply gas at $4.2 a unit to 16 fertiliser units until the government comes out with another notification in this regard. This follows the asking RIL to continue supplies on existing terms in the interim period, after talks between both the parties remained inconclusive, said media reports.
Coal India Ltd: Coal IndiaBSE -0.45 % has sold shares worth over Rs 550 crore towards the CPSE's exchange traded fund as part of government's disinvestment programme.
NTPC: State-run NTPCBSE 0.46 %, the biggest power producer in India, said it was preparing to start commercial operations at three new solar power plants, doubling its capacity from solar energy sources
Reliance Communications Ltd: Reliance CommunicationsBSE 0.16 % (RCom) launched two global roaming packs -- Unique UK and Fabulous Five -- Monday for its postpaid GSM customers.
JSPL: After investing Rs 12,500 crore this year, the Naveen Jindal-promoted Jindal SteelBSE 0.63 % & Powerd plans to focus on debt reduction in 2014-15, along with an increase in earnings before interest, tax and amortisation (Ebitda), said media reports.
Lakshmi Vilas Bank: The private lender has sought market regulator's Sebi approval to raise Rs 505 crore through rights issue. Issue of equity shares on a rights basis to its existing equity shareholders would aggregate up to Rs 505 crore, draft letter filed by Lakshmi Vilas BankBSE -1.62 % with Securities and Exchange Board of India (Sebi) showed.
Religare Enterprises Ltd: The company approved of allotting Rs 550 crore equity shares on preferential basis to two non-promoter companies, including Standard Chartered Bank, said media reports.
Kalpataru Power Transmission: KPTL said it has bagged orders worth nearly Rs 700 crore, including from overseas. The orders are in the transmission and infrastructure verticals.
IFB Agro Industries Ltd: IFB Agro IndustriesBSE 4.04 % has informed the BSE that a meeting of the board of directors will be held on April 7 to consider the acquisition of the Co2 (carbon dioxide) and dry ice business of Nurpur Gases Pvt Ltd, a promoter group company.
Suzlon Energy Ltd: Pune-based Suzlon EnergyBSE 0.81 % Limited, the world's fifth-largest wind turbine supplier, is planning to sell its assets and raise about Rs 1,500 crore through it, said media reports.
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