Here are the top 5 action stocks for the day

Axis Bank

The RBI has approved the appointment of Subrat Mohanty as Executive Director of the Bank for a period of three years with effect from August 17.

Adani Energy

The company has entered into an agreement with Megha Engineering & Infrastructures for acquisition of KPS 1 Transmission Ltd.

JSW Steel

According to the Bloomberg report, JSW Steel is looking to form a consortium to bid for a majority stake in Teck Resources’ steelmaking coal business.

NTPC

NTPC has executed the business transfer agreement (BTA) with its subsidiary NTPC Mining for hiving off the coal mining business. 

NLC India

NLC India has entered into long term power usage agreement with Rajasthan Urja Vikas Nigam for supply of 300 MW solar power under CPSU scheme at Rajasthan.

Source: Media Reports