Overnight Digest- Stocks to look out for on May 4

The stocks which are expected to witness significant movement on May 4 are Reliance Industries, Hindustan Construction Company / Multi Commodity Exchange of India, Mahindra & Mahindra, Infosys and Reliance Capital.

Reliance Industries: Reliance Industries and SAP have launched ‘SARAL GST’, which will provide innovative user solutions to taxpayers under the GST regime. The share price of the company will remain in the limelight on Thursday.

Hindustan Construction Company/Multi-Commodity Exchange of India: Hindustan Construction Company and Multi-Commodity Exchange of India will declare their Q4FY17 results on Thursday. The share prices of these companies will be in focus on May 4.

Mahindra & Mahindra: Mahindra & Mahindra (M&M) will be winding up UK operations. The share price of the company will remain in the limelight on Thursday.

Infosys: A commercial bank has successfully completed a pilot on a cloud-based blockchain network with Infosys Finacle. The share price of the company will be watched on May 4.

Reliance Capital: Reliance Capital has received exchange approval for the demerger of Reliance Home Finance. The share price of company will remain in the limelight on Thursday.