Overnight Digest: Stocks to keep an eye on May 09!

Watch out for these large-cap stocks in Tuesday’s trading session!

The Indian headline indices started the week with a roar, thanks to a robust upswing in financial services and banking stocks, particularly IndusInd Bank, Bajaj Finance and Bajaj Finserv. The BSE Sensex soared 1.16 per cent to 61,764 level at the close. The Nifty 50 index climbed 1.08 per cent to a level of 18,264.   

Watch out for these Large-Cap stocks in Tuesday’s trading session -  

Marico Ltd - The company posted a robust quarterly result, with more than 18 per cent year-on-year growth in net profit. Shares of the company soared 7.45 per cent, leading the gains in the BSE Largecap pack.  

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IndusInd Bank - Shares experienced a significant upswing with a surge in traded volume and ended the session 4.92 per cent higher, making them the top Sensex gainer. In addition to approving the grant of stock options under the ESOP Scheme, the bank recently announced that Mr Ramaswamy Meyyappan, the Chief Risk Officer, has submitted his resignation.  

Tata Motors - As the company announced that the board will be considering dividend declaration at its upcoming meeting, shares of the company experienced intense buying pressure and climbed 4.82 per cent, making them one of the top Sensex gainers. Additionally, shares were traded at a 52-week high of Rs 502 per share on the BSE.