Stocks to watch: TCS, Infosys, OMCs, ICRA, CARE, Gujarat Gas, Can Fin Homes

At 08:28 AM, Nifty futures on the Singapore Exchange (SGX) were trading 34.50 points or 0.28 per cent higher at 12,228, indicating a positive start for the Indian market on Friday.

Here's a list of the top stocks that may trade actively in today's trading session -

IT companies: Shares of IT firms such as Tata Consultancy Services (TCS), HCL Technologies, Infosys, Cyient, and L&T Technology Services may remain in focus today as, according to a report, IT outsourcing contracts of more than $1 billion currently executed by Indian companies are at risk of termination because Boeing has halted the production of its flagship Boeing 737 Max jets with effect from January. 

ICRA, CARE Ratings: The Securities and Exchange Board of India (Sebi) has slapped a penalty of ~25 lakh each on credit rating agencies CARE and ICRA for violation of the Sebi (Credit Rating Agencies) Regulations pertaining to assigning of rating to various non-convertible debentures (NCDs) of IL&FS.

Oil-linked stocks: Shares of oil marketing companies (OMCs), aviation, paint, and tyre companies may remain in focus as the oil prices on Thursday gained the most since September on hopes of US-China trade pact and a report showing lower US crude inventories.

Gujarat Gas: Crisil has upgraded its rating on the long-term bank facilities of Gujarat Gas Ltd (GGL) to AA-plus with a stable outlook from AA-positive.

Allahabad Bank on Thursday said it will get a fresh capital infusion of Rs 2,153 crore from the government in the current financial year.

Hindustan Aeronautics (HAL): Care Ratings has downgraded long- and short-term bank facilities of HAL worth Rs 7,300 crore to AA+ with a stable outlook.

Can Fin Homes: CARE Ratings (CARE) has reviewed the ratings of NCDs aggregating to Rs 8,300 crore and has affirmed the rating "CARE AAA (Triple A) (Credit watch with developing implications).

Cadila Healthcare: Zydus Cadila, a group company of the firm, is in talks with several strategic and private equity investors to sell two of its divisions for about Rs 1,000-1,200 crore, seeking to lower debt and strengthen its balance sheet, according to a report by The Economic Times.

Stocks to watch: Bharti Infratel, Airtel, YES Bank, CG Power, RIL, NTPC

At 08:25 am, Nifty futures on the Singapore Exchange (SGX) were trading 1.50 points or 0.01 per cent higher at 12,235, indicating a flat start for the Indian market on Thursday.

Here's a look at the top stocks that may remain in focus today:

Bharti Infratel, Airtel: Bharti Infratel on December 24 said it has extended the deadline for merger with mobile tower company Indus Towers by two more months to February 24, as it has not received the necessary government approvals so far.

YES Bank: Brickwork Ratings has downgraded the ratings of YES Bank’s Lower Tier II Bonds, from ‘BWR AA-’ to ‘BWR A’, and of Upper Tier II Bonds, Hybrid Tier I Bonds and Innovative Perpetual Debt Instruments from ‘BWR A+’ to ‘BWR A-’. The outlook has been maintained as Negative.

CG Power: As per reports, the company is to hive off and sell its overseas assets.

RIL: Reliance Industries, as per reports, has proposed a scheme where it will offer one share of the company for four shares of unlisted Reliance Retail.

NTPC: State-owned power giant NTPC is planning to add 10GW of solar energy generation capacity by 2022, which entails an investment of around Rs 50,000 crore, to be funded mainly by green bonds.

BPCL: Reports say the strategic stake sale is unlikely to be completed this fiscal.

Piramal Enterprises: Piramal Enterprises on Wednesday said it will raise up to Rs 2,750 crore by issuing bonds on private placement basis. "A meeting of the Administrative Committee of the Board of Directors of the Company will be held on Saturday, 28th December, 2019, to consider and approve the issue of secured non-convertible debentures on private placement basis amounting up to Rs 2,750 crore," it said

SBI Life: Insurance regulator Irdai has cautioned the foreign promoter of SBI Life Insurance (SBI Life) against selling part of its stake in the company in March 2019 without seeking a prior approval from the sectoral watchdog.