Overnight Digest - Five stocks to watch out on June 21

The five stocks that may witness some kind of significant movements on June 21 in the markets are: State Bank of Travancore; NIIT; Quick Heal Technologies; Reliance Defence/Astra Microwave; Spicejet/ Interglobe Aviation/ Jet Airways.

a) State Bank of Travancore: State Bank of Travancore has revised the Marginal cost of Funds based Lending Rates (MCLR) to be effective from June 22. The bank’s overnight MCLR, one month MCLR, three month MCLR, six month MCLR, and one year MCLR will be 9 per cent, 9.1 per cent, 9.2 per cent, 9.45 per cent and 9.65 per cent respectively.

b) NIIT: NIIT has launched its first Interactive Live Online course in Digital Marketing. The company’s new program will be offered in association with Digital Marketing Institute (Ireland) and will be available for the first time. The stock will be in the limelight in Tuesday’s session.

c) Quick Heal Technologies: Quick Heal Technologies has launched a Cyber Security Consulting and Education Service named as ‘Seqrite Services’ and ‘Quick Heal Academy'. The share price of the company will be in focus on June 21.

d) Reliance Defence/Astra Microwave: The government has allowed 100 per cent Foreign Direct Investment (FDI) in crucial areas like defence via a government-approved procedure. The stocks in the defence sector will be in the limelight in Tuesday’s session.

e) Spicejet/ Interglobe Aviation/ Jet Airways: The government has allowed 100 per cent FDI in brownfield airport projects under automatic route. It  has also relaxed 100 per cent FDI in civil aviation. The aviation sector companies will be in focus on June 21.