Overnight Digest- Stocks to look out for on December 27

The stocks that could witness significant movement on 27 December are Symphony, Hindustan Zinc/Hindustan Copper, Solar Industries Ltd, ONGC/RIL and Srei Infrastructure.

Symphony:- Impco S. De R.L. de C.V, Mexico, a step down subsidiary of Symphony, has decided to close the operations of its wholly-owned subsidiary company in USA, Symphony USA Inc. w.e.f. 31 Dec., 2016 and accordingly SUI, USA will cease to be a step down subsidiary of the company by year end-2016.

Hindustan Zinc/Hindustan Copper/Hindalco:- These commodity stocks may witness some selling pressure owing to profit booking as the commodity stocks have been amongst the best performers throughout the year.

Solar Industries India Ltd:- Solar Industries India Ltd has informed BSE that in terms of the guidelines issued by Reserve Bank of India, the company has issued commercial paper for an aggregate amount of Rs 25 crore on 26 December, 2016 in favour of ICICI Bank having maturity date 17 March, 2017.

ONGC/RIL:- The government has named former Supreme Court judge G S Singhvi on the three-member arbitration panel that will decide on the validity of its $1.55 billion compensation claim from Reliance Industries for "unfairly enriching" and producing natural gas belonging to ONGC. 

Srei Infrastructure:- Srei Infrastructure arm plans to raise Rs 500 crore via NCDs.