IDFC, SPARC & Thomas Cook among today's top 10 newsmakers

The following is the list of today's top 10 trading stocks and the reason why they are picked by CNBC-TV18's analysts:IDFC: IDFC has set October 5 as the record date for demerger shares allotment to bank shareholders. From October 1, IDFC shares will trade ex-demerger (ex Bank). Ex-date is before record date since October 2, 3 and 4 are holiday.One hour window of 9 am to 10 am will be provided on October 1 for price discovery. IDFC Bank shares will be allotted to IDFC shareholders on October 9.Bank shares are likely to be listed and traded by November 6. Meanwhile, Goldman Sachs downgraded IDFC to sell as fundamentally the brokerage is more bearish on it, especially since last report on April 1. Morgan Stanley cut its EPS forecast but believes the valuation is attractive.Motherson Sumi: Violation by Volkswagen in the US will come at a huge cost for Motherson Sumi. The sales to Volkswagen Group contributed 44 percent of Motherson’s consumer revenue in FY15. CLSA sees 6 percent downside to FY17 EPS if its revenue from Volkswagen declines by 10 percent.SPARC: Drug discovery firm Sun Pharma Advanced Research Company (SPARC) has filed draft papers with markets regulator Sebi to raise up to Rs 250 crore through a rights issue. This will be a big positive for the stock.Thomas Cook: According to a media report, Quess's (a subsidiary of Thomas Cook), IPO hit road block. There is a difference of opinion between Prem Watsa and the original promoters of Quess. The company had acquired 74 percent stake in Quess (earlier known as IKYA) in February 2013 for Rs 256 crore. As on September 8, 2015: Watsa’s Fairfax holds 67.86 percent stake in Quess. The remaining 32.1 percent Stake in Quess is held by Ajit Isaac and employees. Report says that Thomas Cook is against allowing Isaac to increase his ownership to higher than 25 percent. Quess contributes around 80 percent to consolidated topline and 50-55 percent to EBIT.CNBC TV18 has not verified the story independently and can not vouch for it’s authenticityThe other stocks that are in the list are Colgate, Divi's Labs, Allahabad Bank, IDBI Bank, Aegis Logistics, Atlas Cycle, Sanghi Industries and Page Industries.Watch video for more.