Overnight Digest: Watch out for these stocks on November 15

After trading in red for the previous few trading session, the benchmark indices managed to break the momentum and ended the week in green as inflation worries started lowering and investors shifted their focus to good quarterly earnings and economic recovery.

On Friday, the market rally was led by IT, energy and realty stocks whereas global markets traded with mixed cues. Tech Mahindra, Hindalco Industries, Wipro, HDFC and Infosys were among the major Nifty gainers, while losers included Bajaj Auto, Tata Steel, Hero MotoCorp, Axis Bank and IOC.

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

Wipro - The company announced a CargoWise Service Partner agreement with WiseTech Global, a leading provider of software solutions to the logistics industry. As a partner, Wipro will leverage the CargoWise logistics execution platform to help transportation and logistics companies leverage competition, and scale up their business value from freight forwarding, customs, track and trace, transportation optimization and warehouse management.

Tata Consumer Products - The company has entered into a Share Purchase Agreement with Tata Industries Limited (TIL) and Tata Smartfoodz Limited to purchase 100 per cent of the equity stake held by TIL in the T Tata Smartfoodz Limited. Tata Smartfoodz Limited is engaged in the business of manufacturing, distribution and marketing of ready-to-eat packaged food products under the “Tata Q” brand in India.

Abbott India - The company announced its quarterly results for Q2FY22. Abbott India has reported Q2 net profit at Rs 192.3 crore versus Rs 180.7 crore, a growth of 6.4 per cent YoY and revenue were up 15.8 per cent at Rs 1,222.1 crore versus Rs 1,054.9 crore. EBITDA was reported up 7.8 per cent at Rs 259.7 crore versus Rs 240.8 crore and EBITDA margin was at 21.3 per cent versus 22.8 per cent, YoY.