Overnight Digest: Stocks likely to be in focus on July 1

On the sectoral front, auto, PSU Bank, realty, metal declined between 1 to 2 per cent, while buying interest was seen in the power and banking stocks.

On Thursday, the benchmark indices ended flat on an expiry day with Sensex being down 8.03 points or 0.02 per cent at 53,018.94 level while Nifty was down 18.80 points or 0.12 per cent at 15,780.30 level. The overall sentiment remained bearish due to weak global cues and continuous foreign fund outflows.

Axis Bank, Britannia Industries, SBI, HDFC Life and SBI Life Insurance were among the top Nifty gainers. Bajaj Auto, Cipla, Eicher Motors, BPCL and Tech Mahindra were among the biggest losers on the index. The BSE midcap and smallcap indices also settled the trading session in red.

On the sectoral front, auto, PSU Bank, realty, metal declined between 1 to 2 per cent, while buying interest was seen in the power and banking stocks.

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

SBI Cards & Payments - The shares of SBI Cards & Payments slipped around 2 per cent during the first half of Thursday's trading session. In the second half of the trading session, the company announced the launch of 'Aditya Birla SBI Card', a highly rewarding lifestyle credit card, in a strategic partnership with Aditya Birla Finance Ltd (ABFL), the lending subsidiary of Aditya Birla Capital Ltd. The card has been designed to give customers significant reward points on their spending around telecom, fashion, travel, dining, entertainment, and hotels, among others.

Tata Consultancy Services - During the first half of Thursday's trading session, TCS declared that it has launched the TCS Servitization Engine on Oracle Cloud to help customers create subscription-first business models and provide outcome-based solutions with intelligent service capabilities. The engine offers an industry package with bundled combinations of products, services, support, self-service, and knowledge base that companies can leverage to add value to their core product offerings, along with robust front-end customer-facing solutions. The shares closed the trading session flat, 0.79 per cent lower and are likely to be in focus on Friday. 

Escorts Kubota - The shares of Escorts Kubota were seen trading weak in today's otherwise flat market. For the third consecutive trading session, the share of Escorts Kubota has traded lower and has slipped around 9 per cent during this period. The shares touched a nine-month low of Rs 1,422, plunging nearly 4 per cent on an intraday basis due to concerns over delay in near-term demand momentum on the back of sustained raw material cost inflation. Also, the stock has turned ex-date for a final dividend of Rs 7 per share today.

Delta Corporation - Shares of Delta Corp tumbled 9 per cent to Rs 165.15 per share in Thursday's trading session due to the uncertainty over taxation on casinos. On Wednesday, the GST Council decided to refer the report of the GoM (Group of Ministers) on casinos, online gaming and horse racing back to the panel of ministers for further deliberation. The shares of Delta Corp ended the trading session 7.55 per cent lower.