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Daily-Intraday-Trading: 01/11/19Adviser-Street

Dear stock investor news of the day 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.

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. 






Market Live: Nifty above 10,650, Sensex up 250 points ; realty stocks in focus.

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