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Ten stocks in focus in Saturday morning trade.....

NEW DELHI: Indian markets are expected to trade higher on Saturday in absence of any major global cues. The key support for the index is around 6,430 levels.
"The Nifty is expected to trend up till 6575 in the next couple of days. In this period the key support will be at 6430 and resistance will be at 6575," said Somil Mehta, Senior Tech Analyst (Equity) at Sharekhan
"The Nifty has been forming higher tops and higher bottoms; it has also closed above the previous swing's high which is a positive sign for the market," he added.
Mehta is of the view that the short-term bias remains positive for a target of 6600 with reversal at 6430. The medium-term outlook remains positive as the index has started forming higher tops and higher bottoms on the weekly charts

Here is a list of ten stocks which are likely to be in focus in trade Today .. 

IIFL Holdings Ltd: IIFL today said it has completed sale of its 76 per cent stake to its Sri Lankan subsidiary. "IIFL Holdings informs further to its intimation...it has completed the divestment of its 76 per cent stake in its Sri Lankan subsidiary namely IIFL Securities Ceylon Ltd 

Lupin Ltd: Mumbai-based pharma major Lupin LtdBSE 0.45 % launched its generic version of Niaspan extended release tablets, used in reducing cholesterol in the US 

Gujarat Gas Co Ltd: GGCL has won a licence to retail CNG to automobiles and piped cooking gas to households in Bhavnagar in Gujarat, the oil regulator PNGRB has said. 

Kwality Ltd: Dairy firm Kwality Ltd is planning to invest about Rs 300 crore in the next fiscal to expand its milk procurement operations and launch more value-added products to its portfolio. 

Axis Bank Ltd: The government's offer to sell a 9% stake in Axis BankBSE 2.69 % held by Specified Undertaking of UTI (SUUTI) was largely subscribed to by state owned Life Insurance Corporation and a number of foreign institutions, raising Rs 5,500 crore and helping the finance ministry meet the disinvestment target for the current fiscal.

Financial TechnologiesBSE -1.59 % Ltd: FTIL sought shareholders' approval for sale of its subsidiary National Bulk Handling Corporation (NBHC). 

Shree Renuka Sugars: Shareholders of leading sugar firm Shree Renuka SugarsBSE 0.47 % approved the allotment of 2.57 crore shares to Singapore-based agri-business major Wilmar International for Rs 517 crore. 

McDowell Holdings Ltd: Jammu & Kashmir Bank sold 1.12 lakh shares of UB group company McDowell HoldingsBSE -2.95 % for an estimated Rs 35.42 lakh through the open market route. The bank offloaded the scrips of McDowell Holdings at an average price of Rs 31.63 apiece. 

Federal Bank: With the increase in foreign investment in Federal BankBSE 2.26 % to 74 per cent, foreign investors will be allowed to purchase stake in the private bank, RBI said on Friday
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