Overnight Digest: Stocks to Watch Tomorrow
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Markets inched higher but caution persists—will earnings and global cues trigger the next big move? Here are the key stocks likely to stay in focus in the coming session.
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Indian equity benchmarks ended Monday’s session on a subdued note, extending their gaining streak for the fourth consecutive day, though the momentum appeared to be tapering off amid cautious investor sentiment.
The Nifty 50 opened higher by about 38 points but traded within a narrow range through most of the session, reflecting the absence of strong directional cues. Intraday volatility remained limited, with swings contained within a 100-point band. The index eventually closed at 24,364.35, up 11.30 points or 0.05 per cent.
The BSE Sensex mirrored this trend, gaining 26.76 points or 0.03 per cent to settle at 78,520.30. Despite the continued upward movement, the pace of gains has slowed, indicating a degree of hesitation among market participants.
Market participants largely refrained from aggressive positioning, choosing instead to await clearer signals from global and domestic developments. The cautious undertone was visible across sectors, with selective buying seen in index heavyweights while broader participation remained limited.
Key Triggers to Watch
Moving ahead, crude oil prices are expected to remain a critical variable influencing market direction. Any sustained movement in global crude benchmarks could impact input costs for several sectors and shape inflation expectations.
In addition, evolving geopolitical developments will be closely monitored, as shifts in global risk sentiment tend to have a direct bearing on foreign investment flows and overall market stability.
The ongoing earnings season is likely to be a decisive factor in the near term. Quarterly Results and management commentary from major companies will provide insights into demand trends, margin pressures and future growth outlook.
Stocks Likely to Remain in Focus
With these factors in mind, let us take a look at the top stocks that are likely to remain in focus in tomorrow’s session.
1. Multi Commodity Exchange of India Ltd (MCX)
The company has received approval from the Securities and Exchange Board of India (SEBI) to invest in a proposed coal exchange entity, marking a strategic expansion into the energy segment. Following the approval granted on April 17, 2026, MCX plans to incorporate a wholly owned subsidiary, likely to be named MCX Coal Exchange Ltd or MCX Coal Exchange of India Ltd. The move is aimed at strengthening MCX’s presence in the energy ecosystem. With already established derivatives contracts in crude oil and natural gas, along with the launch of electricity futures last year, the addition of coal is expected to make its energy portfolio more comprehensive.
Multi Commodity Exchange of India Ltd share price closed at Rs 2,859.10, up Rs 3.00 or 0.11 per cent.
The company, along with its group entity SOTC Travel Ltd, has introduced a new insurance solution offering trip cancellation coverage in case of visa rejection.
This product is designed to protect travellers from financial losses arising due to visa denials, addressing a key concern in international travel planning. With this launch, the companies have positioned themselves among the early movers in India’s travel industry to provide dedicated insurance-backed coverage for visa-related risks.
Thomas Cook India Ltd share price closed at Rs 104.89, down Rs 6.02 or 5.43 per cent.
The company has announced the establishment of an Advanced Precision Fermentation Lab at its research facility, Praj Matrix.
The initiative aims to support next-generation biotechnology and accelerate India’s transition towards low-carbon biomanufacturing. Announced on the occasion of the 18th Foundation Day of Praj Matrix, the development underscores the company’s focus on innovation, skill development and strengthening collaboration between academia and industry to boost the country’s bioeconomy.
Praj Industries Ltd share price closed at Rs 356.50, up Rs 5.60 or 1.60 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.