Overnight Digest: Stocks to be watched on January 11

Despite weak global markets and rising covid cases, the domestic benchmark indices traded on optimistic expectations.

At close, the Sensex was up 650.98 points or 1.09 per cent at 60,395.63 level, and the Nifty was up 190.60 points or 1.07 per cent at 18,003.30 level.

On the sectoral front, PSU Banks was on the lead of the sectorial rally while the realty sector followed the trend on strong sales numbers and expectations of support measures in the upcoming budget. BSE midcap and smallcap indices were up 0.7-1 per cent.

Keep a watch on these stocks for Tuesday's trading session :

Anupam Rasayan - The company has signed a Letter of Intent (LOI) worth USD 95 million with one of the top ten multinational crop protection company for supplying a new life science-related active ingredient. The company will enter into a long-term contract to supply this life science-related speciality chemical product for the next five years. This new molecule is in addition to the existing product portfolio with this customer. Anupam Rasayan India was quoting at Rs 1,033.05 which is 0.71 per cent up on BSE at the close of Monday's trading session.

Pidilite industries: The shares of Pidilite Industries rose to Rs 2,739.95, up by 0.60 per cent from the last trading session. Making a fresh 52-week high, the company has been extending its gains for the past eight trading sessions. The RSI as well as MACD indicators are trading in positive territory. The stock was down by 0.40 per cent at Rs 2,711.65 on the BSE, at market close on Monday. Investors are likely to keep an eye on this stock for further movement. 

Upper Circuit Stocks - From the BSE 500 index, the stocks of Poonawalla Fincorp, Tata Teleservices (Maharashtra), Laxmi Organic Industries, Brightcom Group and Suzlon Energy are locked in the upper circuit on Monday and are likely to be in focus on Tuesday.