Stocks to Watch: Bharti Airtel, NTPC, IOC Tata Motors

Shares of Bharti Airtel will be in focus after Kuwaiti telecom firm Zain approved the sale of most of its African assets to India's top mobile firm for $ 10.7 billion. Shares of NTPC will witness some action amid reports that the power company was likely to import 14 million tonnes of coal in the coming financial year 2010/11. Shares of Indian Oil Corporation, BPCL and HPCL may be in focus amid reports that the finance ministry may offer more compensation to state-owned oil marketing companies for selling fuel below cost this year, provided the oil ministry deregulates auto fuel prices and increases cooking fuel prices next fiscal. Future Group’s Kishore Biyani plans to offload stakes in units not part of those core categories to raise money needed to fund expansion plans. He wants to cap his stake in the non-retail and non-financial services business at 26% and keep 40-45% in the operating companies. His focus will remain on the retail businesses. Biyani and his family own 44.73% in flagship Pantaloon Retail (India) Ltd, the retail shopping chain, and 38.95% in Future Capital Holdings Ltd. Pantaloon Retail houses retail chains and allied businesses such as logistics, distribution and training institutes. Shares of auto manufacturers are likely to be in action after news that all car makers are planning a 1-3 percent raise in prices from April 1 on account of new emission norms and to offset rising input costs.

for further: economictimes.indiatimes.com/Views/Recommendations/Stocks-to-watch-Bharti-Airtel-NTPC-IOC-Tata-Motors/articleshow/5721485.cms