Overnight Digest- Stocks to look out for on February 8
DSIJ Intelligence / 07 Feb 2017
The stocks which could witness significant movement on either side on February 8 are NHPC, Tata Steel, Bharat Forge, Cipla, NTPC, Bharti Airtel, SRF and Banking stocks.
The stocks which could witness significant movement on either side on February 8 are NHPC, Tata Steel, Bharat Forge, Cipla, NTPC, Bharti Airtel, SRF and Banking stocks.
a) NHPC and Tata Steel: Hydroelectric power generator NHPC and steel maker Tata Steel will be reacting to their Q3 numbers on Wednesday.
b) Bharat Forge, Cipla, Indraprastha Gas, Manappuram Finance and NTPC: All eyes would be on these companies as they would be reporting their Q3 earnings on Wednesday.
c) Bharti Airtel: The company has informed BSE that Airtel has provided Jio sufficient Pol capacity to serve over 190 million customers".
d) SRF: The company has informed BSE that the board of the company has approved setting up of a new greenfield packaging film line in the Domestic Tariff Area, Pithampur, Indore at an estimated cost of Rs 356 crore.
e) Banking stocks: Banking stocks are likely to remain in focus ahead of the sixth bi-monthly RBI policy meet. Any rate cut would be cheered by the markets, and especially the banks.
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