New Delhi: Domestic stock markets are expected to trade cautiously on Friday, taking cues from choppy deals seen in the last three consecutive sessions. However, Asian stocks advanced as global indices climbed mostly with the S&P 500 hitting record highs. SGX Nifty trends indicated an uptrend in the domestic markets. Nifty futures were trading up 18,270.80 points or 0.17 per cent on the Singapore Stock Exchange.
The benchmark BSE Sensex was down 336.46 points or 0.55 per cent at 60,923.50 on Thursday. The broader NSE Nifty was down 88.50 points or 0.48 per cent at 18,178.10.
Here are the stocks to watch during today’s session:
Reliance Industries: RIL is expected to announce its second quarter (Q2) results for the financial year 2021-22 (FY22) after market timings, ending September 30. Meanwhile, the Mukesh Ambani-led company said on Thursday that its shareholders have passed a resolution appointing Saudi Aramco Chairman Yasir Al-Rumaiyan as an independent director on RIL’s board.
TVS Motor Company: The two- and three-wheeler maker has reported a year-on-year (YoY) growth of 41.4 per cent in net profit of Rs 277.6 crore for the second quarter.
Container Corporation of India: The company has registered a growth of 41 percent in its Q2 profit. The company’s revenue grew 21 per cent year-on-year.
Wipro: The global infotech firm has inked a global strategic IT and digital deal with London-based multinational electric and gas utility provider National Grid to accelerate its digital innovation journey.
Zee Entertainment: The Bombay High Court has asked Zee to convene a shareholder meeting, as sought by top investor Invesco, which is pushing for the removal of the TV network’s CEO and reform of the board.
JSW Steel: The steelmaker reported a 350 per cent year-on-year growth in consolidated net profit at Rs 7,170 crore for the quarter ended September.