Stocks in the news: Infosys, TCS, YES Bank, SBI, Maruti Suzuki and Jet
Airways
Nifty futures on the Singapore Exchange were
trading 31.50 points, or 0.29 per cent, higher at 10,892.50, indicating a positive
start for the Nifty50. Here are a few stocks, which may buzz the most in
today’s session:
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Infosys: India’s second largest IT player in terms
of revenue may not post spectacular numbers for December quarter on Friday, but
all eyes will be on it for any revision in revenue growth guidance, a possible
share buyback announcement and a likely upward estimate in margins in the wake
of a fall in the rupee. Jet Airways: The airline which had its credit rating cut to default this
month, is weighing a resumption of stake-sale talks with the Tata Group as the
carrier is poised to run out of cash, people with knowledge of the matter told
Bloomberg. TCS: Tata Consultancy Services reported higher revenues for
the third quarter of the fiscal year even as the increased cost of hiring
employees and sub-contractors in its main market — the United States — hurt
margins at India’s largest software services exporter, signalling similar
concerns for the industry at large.

YES Bank: Rajesh Sud, shortlisted by the Yes Bank
board to succeed Rana Kapoor as the lender’s next chief executive, has pulled
out of the race for the top job, leaving insider Rajat Monga as the sole
recommendation for the regulator to approve, said two people familiar with the
matter. BSE: The exchange on Thursday said it has received markets
regulator Sebi's approval to introduce weekly futures and options contracts on
the S&P BSE BANKEX Page Industries,
Mindtree: Market grapevine has it that an offshore fund, which
shares the name of an ancient university, is offloading some of the stocks that
it has held for a while. The talk is that the fund has been selling Page
Industries, Mindtree, Supreme Industries, V-Guard and Kewal Kiran Clothing.