Overnight Digest: Stocks to keep an eye on February 08!

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

Heavy losses in the metals and fast-moving consumer goods (FMCG) sectors caused Indian headline indices to close the session down. With significant gains, real estate, capital goods and banking stocks attempted to lift indices.  

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

Tata Steel - Tata Steel, the worst performer on the BSE Sensex today, ended the session more than 5 per cent lower, mainly due to a disappointing quarter performance. For the third quarter, the company reported a consolidated net loss of Rs 2,502 crore. In the previous five trading sessions, shares have plunged more than 8 per cent.  

Adani Enterprises - After falling over 50 per cent in the past month, shares of Adani Enterprises finally gained traction and ended the session more than 15 per cent higher. Other Adani stocks, including Adani Green Energy, Adani Transmission and Adani Wilmar have also surged in early trades of the session.   

Hindustan Aeronautics - The company announced with pride that on February 6, 2023, Prime Minister Mr Narendra Modi dedicated HAL's new helicopter factory to the country and unveiled a Light Utility Helicopter manufactured by the company. The factory will initially produce nearly 30 helicopters annually and it can be gradually increased to 60 and finally 90 helicopters per year. Shares ended the session 1.24 per cent higher. 

Keep a close eye on these stocks for the upcoming sessions!