Indian markets are likely to trade in a range
with a negative bias on Friday. The key support level for the index is placed
at 6,000 levels. The company Cairn India said the buyback is expected to begin in
January 2014 after receiving shareholders' approval through postal ballot process.
Share buyback is the process where a
company repurchases outstanding shares in order to reduce the number of shares
on the market which in turn boosts EPS or earnings per share of the company.
Top Stocks to
trade today
- Infosys Ltd
- Reliance Industries Ltd
- Tata Power Ltd
- Power Grid Ltd
- IOC
- Jet Airways Ltd
- Cairn India Ltd
- United Spirits Ltd
- Bharti Airtel Ltd
- Biocon Ltd
The most common place is in the stock
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