Overnight Digest: Stocks to keep an eye on October 21

The increase in US yield, global market weakness and decrease in INR induced selling pressure in the domestic market. 

The increase in US yield, global market weakness and decrease in INR induced selling pressure in the domestic market. 

Sensex gained 95.71 points or 0.16 per cent ending at 59,202.90 level whereas Nifty settled 51.70 points or 0.30 per cent up at 17,564 level.

UPL, Adani Enterprises, Tech Mahindra, HCL Tech and Adani Ports were among the top Nifty gainers. IndusInd Bank, Asian Paints, Apollo Hospitals, UltraTech Cement and HDFC Bank were the Top Losers.

Watch out for these stocks in Friday's trading session -

Rail Vikas Nigam - The shares of Rail Vikas Nigam plunged more than 3 per cent despite the company informing regarding the awarded contract for the Development of the Kharicut Canal (Between Naroda Smashan Gruh & Vinzol Vehla) worth Rs 484 crore. 

Central Bank of India - Central Bank Of India has posted a 70 per cent jump in its Q2FY23 net profit at Rs 341.4 crore compared to Rs 200.8 crore and net interest income (NII) improved 24.6 per cent at Rs 2,763 crore in comparison with Rs 2,218 crore on a YoY basis. The shares of Central Bank of India gained up to 2.26 per cent in today's trading session. 

IndusInd Bank - The shares of IndusInd Bank tumbled 6 per cent to Rs 1,150 in Thursday’s intra-day trade witnessing profit booking after the bank reported a healthy 57 per cent YoY growth in Q2FY23 standalone net profit to Rs 1,805 crore driven by a healthy rise in loan disbursement and net interest income. On a QoQ basis, net profit registered an 11 per cent increase from Rs 1,631 crore in Q1FY22.

Price Volume Breakout - Some of the stocks which saw a price volume breakout comprised Vinati Organics, Deepak Fertilizers And Petrochemicals Corporation, Birlasoft, JK Cement and E.I.D Parry.