Buy or sell: Top 5 buzzing stocks at this hour

The market is trading flat ahead of the Reserve Bank of India's monetary policy review to be announced today. The Sensex was up 28.83 points at 19322.03, and the Nifty added 5.90 points at 5841.15.

Here are five buzzing stocks at this hour.

Manapurram General Finance dragged 13.6 percent, down Rs 4.70 at Rs 29.90 on the BSE. Brokerage Ambit highlighted that due to gold prices falling further by 5 percent over the last 2 months, the quantum of interest income reversal could increase vs earlier guidance given by the management. Moreover, on some portions of the loan portfolio originated in Nov-Dec 2011 the company seems to have to stop booking income during the current quarter as the collateral value associated with these loans would be less than principal plus accrued interest.

SAIL skid 3.2 percent as the EGoM will meet today to decide the floor price for the offer-for-sale (OFS). At 10:37 hrs Steel Authority of India was quoting at Rs 65.50, down Rs 2.15.
 
Bankers suggest that the OFS price could be at a discount at Rs 60/share. Macquarie has upgraded SAIL to neutral with a target price unchanged at Rs 82. It says that sail is on the verge of completion of its mega capex plan of USD 13 bn, benefits of which will start rolling from FY15 onwards . This could test investor patience as there can be delays but it could also subject investors to a stress test if iron ore prices fall sharply.

Coal India slipped 2.3 percent on top of the 5.5 percent.  It was quoting at Rs 295.75, down Rs 6.95 on the BSE. NTPC has put forth two new demands concerning the acceptable quality of coal and losses during transport under new fuel supply agreements with CIL. These demands are set to derail the government's efforts to free huge investments stuck due to coal shortage. Also The Children's Investment Fund (TCI) has sought CAG probe into the fuel pact with CIL.

BGR Energy gained 2.6 percent on reports that L&T in its joint venture with Mitsubishi heavy industries is evaluating acquisition of power generating equipment manufacturing units set up jointly by BGR Energy Systems and Hitachi Power Europe. The L&T management told CNBC-TV18 that there is no truth to this buyout news.

Liberty Shoes added 4.4 percent. The board has approved organisational restructuring of the company. It was quoting at Rs 95.55, up Rs 4.05 on the BSE.