Overnight Digest: Stocks to watch out for on November 10

On Tuesday, after a gap up opening, the benchmark indices traded lower in the rest of the trading session as private banking stocks were under pressure due to dull global markets.

M&M, Tata Motors, Hero MotoCorp, ONGC and SBI were among the major Nifty gainers. While the losers included Britannia Industries, HDFC Bank, Maruti Suzuki, JSW Steel and Power Grid.

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

Tata Motors - DVR - Shares of Tata Motors DVR touched an over four-year high of Rs 292.70 per share jumping 9 per cent on BSE on an intra-day basis on Tuesday led by heavy volumes. The company's stock is trading with a positive RSI and is on the verge to break the resistance level. Keep a watch on this stock on Wednesday.

MRF - On Tuesday, the company reported a 53.99 per cent decline in consolidated net profit at Rs 189.06 crore for the Q2FY22 ended September 30, 2021. The company recorded a net profit of Rs 410.92 crore in the same quarter period of the previous fiscal year. Revenue from operations rose to Rs 4,907.81 crore in the second quarter as compared with Rs 4,244.43 crore in the year-ago period. 

Godrej Industries - The stock of Godrej Industries has ended 7.04 per cent higher in Tuesday's trading session. The stock has formed a decent green candle with a spurt in trading volumes. Also, the RSI for stock appears to be trading in positive territory for a couple of previous trading sessions. It is likely to be in focus for coming trading sessions.