Overnight Digest: Stocks to keep an eye on February 24!

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

Losses in real estate, power and utility sectors caused Indian benchmark indices to end the choppy session lower. With gains of 0.71 per cent, BSE Metals emerged as the top-gaining sector, led by Hindalco Industries. The BSE Sensex fell 0.23 per cent to 59,605 level at the close. The Nifty 50 index declined 0.25 per cent to a level of 17,511.   

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

Indus Towers - Shares of the company climbed over 4 per cent on a spike in volume in an otherwise weak market, ranking among the Top Gainers from the largecap pack. Since Bharti Airtel acquired a sizable stake of the business, shares have soared by almost 20 per cent in February.  

Axis Bank - Shares surged 1.44 per cent, outperforming all other Sensex constituents and setting the pace for the banking sector. The bank recently announced that it has allotted 65,205 equity shares of Rs 2 each on February 20, 2023 pursuant to exercise of stock options under its ESOP Scheme.  

Asian Paints - Shares of Asian Paints plunged more than 3 per cent under intense selling pressure, making them the BSE Sensex's worst performer today. Asian Paints (Polymers) Pvt Ltd, wholly owned subsidiary of the company has entered into a MoU with the Government of Gujarat to set up the manufacturing facility for Vinyl Acetate Ethylene Emulsion (VAE) and Vinyl Acetate Monomer (VAM) at Dahej, Gujarat, subject to approvals.