Overnight Digest: Stocks likely to be in focus on October 17

Overnight Digest: Stocks likely to be in focus on October 17

Shreya Chaware
/ Categories: Trending, Mindshare

Watch out for these stocks for Monday's trading session.

The domestic markets portrayed a decent surge on the last day of the current week. Strong recovery in the global indices and upbeat earnings led to a gap-up start but the latter half witnessed profit-taking, which half-faded the gains. 

Sensex was up by 684.64 points or 1.20 per cent at 57,919.97 level while Nifty was up by 171.40 points or 1.01 per cent at 17,185.70 level. Infosys, HDFC Bank, HDFC, UPL, and HCL Tech were among the top Nifty gainers. ONGC, M&M, Bajaj Auto, JSW Steel, and Hindalco Industries were the Top Losers

Watch out for these stocks for Monday's trading session - 

Larsen & ToubroThe water & effluent treatment business of L&T Construction has secured repeat orders from Narmada Water Resources, Water Supply & Kalpsar Department, Govt of Gujarat, to execute pumping system and pipeline works from Tappar Dam to Nirona Dam (Northern Link). This is the single-largest order secured by the business in Gujarat. 

Angel OneThe company continued to witness strong gross addition of approximately 1.2 million clients in Q2FY23, crossing the 11 million mark in the total client base during the quarter. In line with its dividend policy, the board of directors declared a distribution of 35 per cent of the quarter’s profit, as the second interim dividend to shareholders. 

Bharti Airtel - The company has announced the launch of ‘Always On’ IoT connectivity solution in India at Indian Mobile Congress. Airtel’s ‘Always On’ solution comprises dual profile M2M eSim, which allows an IoT device to always stay connected to a mobile network from different mobile network operators (MNOs) in the eSIM. 

Price volume breakout stocks - Some of the stocks that showed price volume breakout in today's trading session include Indraprastha Gas, Mahanagar Gas, HDFC Bank, Ajanta Pharma, and Kansai Nerolac Paints.   

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