Overnight Digest: Stocks likely to be in focus on June 20

Apart from the metal and banking stocks, the stocks from others sectors namely IT, healthcare, power, capital goods, FMCG, oil & gas declined between 1 and 2 per cent each.

Majorly taking cues from the global markets, the domestic markets ended lower in a volatile trading session on Friday, in continuation of the ongoing trend. Most of the sectoral indices traded lower whereas the broader indices also lost nearly a per cent each.  

At the close, Sensex plunged 135.37 points or 0.26 per cent at the 51,360.42 level while Nifty tumbled 67.10 points or 0.44 per cent to be at the 15,293.50 level. Titan Company, Wipro, HDFC Life, Shree Cement & BPCL were among the top Nifty losers while the gainers included Bajaj Finance, Bajaj Finserv, Coal India, JSW Steel, and ICICI Bank. 

Apart from the metal and banking stocks, the stocks from others sectors namely IT, healthcare, power, capital goods, FMCG, oil & gas declined between 1 and 2 per cent each.  

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

HDFC Life Insurance - The shares of HDFC Life Insurance ended 3.48 per cent lower on Friday. In the second half of the trading session, the company announced that the Capital Raising Committee of HDFC Life Insurance Company has considered & approved the proposal for raising funds through the issuance of up to 3,500 unsecured, rated, listed, subordinated, redeemable, fully paid-up, and non-convertible debentures for an aggregate nominal value of up to Rs 3,50,00,00,000 for cash, at par, in dematerialised form on private placement basis.  

Wipro - The shares of Wipro declined over 3 per cent towards the end of Friday's trading session. Eros Investments has signed an alliance agreement with the company to evolve & scale the artificial intelligence (AI) and machine learning (ML)-based content localisation solution. The joint content localisation service will be available to media & entertainment companies in two deployment models: Platform-as-a-service and private cloud deployment.  

Delhivery - In the first half of the trading session, the company announced that it has launched its guaranteed same-day delivery (SDD) service in 15 key cities in India. This new service will enable D2C brands to deliver their webstore orders on the day they're received. The solution will significantly enable D2C brands’ growth on two fronts - improvement in the consumer experience and brand loyalty along with the reduction in the return rates thereby, improving the brands’ margins. Despite the news, the shares of Delhivery plunged beyond 5 per cent on an intraday basis on Friday.