Overnight Digest: Stocks likely to be in focus on August 22

Keep an eye on these stocks for Monday's trading session.

Snapping the winning streak for eight sessions, the benchmark indices ended the week on a lower note. Sensex was down 651.85 points or 1.08 per cent at 59,646.15 level, and the Nifty was down 198 points or 1.10 per cent at the 17,758.50 level. 

IndusInd Bank, Apollo Hospitals, Bajaj Finserv, Tata Motors and Hindalco Industries were among the major Nifty losers. The gainers were Adani Ports, L&T, Infosys, Eicher Motors and Bajaj Auto.

Keep an eye on these stocks for Monday's trading session - 

Wipro - The shares of Wipro traded flat despite the announcement that it has received a multi-year contract to deliver service integration & management (SIAM) services to HM Treasury (HMT). Wipro and HMT will collaborate to enable end-to-end SIAM services from strategy, design & implementation to running business-as-usual services such as day-to-day coordination of service integration across HMT’s vendors. 

IRCTC - In a bearish market, the shares of Indian Railway Catering & Tourism Corporation (IRCTC) soared over 4 per cent a day after it floated a tender to monetise its data assets to boost revenue and increase profit. The ticketing arm of Indian Railways reportedly plans to generate Rs 1,000 crore in revenue through digital monetisation. 

Oil stocks - The shares of oil companies were trading mixed on the bourses on Friday. In the previous session, the government announced raising the windfall tax on diesel exports to Rs 7 per litre and reintroducing the tax on jet fuel exports of Rs 2 per litre, which was scrapped earlier this month. Bharat Petroleum Corporation Ltd (BPCL), Reliance Industries, Indian Oil Corporation, and Hindustan Petroleum Corporation declined up to 2 per cent each. On the other hand, Oil & Natural Gas Corporation (ONGC) moved 1 per cent up in an otherwise weak market. Keep a watch on the oil stocks for Monday's session.  

Price volume breakout stocks - In a falling market today, some of the shares which managed to show a price volume breakout included Emami, Sun Pharma Advanced Research Company, Fortis Healthcare, Astrazeneca Pharma India and IIFL Wealth zooming up to 4 per cent. Keep these shares on your radar for Monday's trading session.