Saven stocks in focus in Friday trade

Saven stocks in focus in Friday morning trade , the market could see some profit booking after witnessing seven consecutive sessions of gains.They believe that any such correction would be good for the markets. 

                   

Reliance Industries: One of the company's official is detained in connection with alleged official document theft in the oil ministry. The matter is under investigation. The company has said that it will cooperate in every possible manner.

Balrampur ChiniBSE 2.54 %, Bajaj Hindusthan: Sugar companies are likely to be in action after the Cabinet approved a higher subsidy of Rs 4,000 a tonne for exports of raw sugar.

Power Grid Corporation: Four companies, including Power Grid Corporation of IndiaBSE -0.45 %, have bid for two transmission projects worth Rs 6,000 crore. Meanwhile, seven others pulled out of the bidding process after initially showing interest.

Tata Steel: The company has signed a contract to supply wear-resistan rail for Crossrail project in London.

Hero Motocorp: Sunil Munjal has sold 35.5 lakh shares in the company. The promoter's stake in the company has now fallen to 0.9 per cent compared with 6.2 per cent.

Aurobindo Pharma, Glenmark: The government has approvedf 11 FDI proposals worth Rs 1076 crore. It has recommended FDI proposals to CCEA.

Spicejet: The Competition Commission of India (CCI)has cleared SpiceJet's proposed deal with Ajay Singh.