Overnight Digest - Five stocks to watch out on 21 April 2016.

The five stocks that may witness some kind of significant movements on April 21 in the markets are IndusInd Bank, Cairn India, Bharti Airtel, Tata Steel, Wipro.

a) IndusInd Bank: With the quarter ended results to be declared on 21st April there are chances that these stock may be highly traded, also there are estimates that net profit estimate to be positive shares can be positive. Also the stocks are expected to trade tomorrow in huge volumes.

b) Cairn India: Another stock to watch for will be cairn India, the company has its quarterly results to be declared on  April 21. Cairn India results will be a thing to watch for as the stocks have reacted volatile after the OPEC meet.

c) Bharti Airtel: Bharti airtel is selling its stake in infratel via block deal and it is expected that these stocks could be a thing to watch on 21st April.

d) Tata steel: Tata steel will sell its UK based business to grey bull Greybull will only pay the nominal fee for Tata’s long products Europe (LPE) division because it has agreed to take on the firm’s liabilities and put together a Pound 400 million UK  funding package to keep the business going.

e) Wipro: Management is buying out shares worth of Rs 2500 crore and is expected that stocks may see an increase in trading as well as the prices may see a wider influence.