Overnight Digest: Stocks likely to be in focus on July 13

Other than power, all the other sectoral indices ended lower.

The benchmark indices ended Tuesday's trading session in red for the second consecutive day with Sensex slipping more than 500 points and Nifty closing below 16,100. About 1,436 shares have advanced, 1,784 shares declined, and 157 shares are unchanged. 

Eicher Motors, Hindalco Industries, Infosys, BPCL, and Nestle were among the top Nifty losers. Shree Cement, NTPC, Coal India, Adani Ports, and Bharti Airtel were among the biggest gainers. Other than power, all the other sectoral indices ended lower. BSE Power index advanced more than a per cent. In the broader markets, BSE Midcap and Smallcap indices settled lower by 0.5 per cent each. 

Watch out for these stocks during Wednesday's trading session - 

HCL Technologies - The shares of HCL Technologies touched a fresh 52-week low of Rs 927.10 per cent, declining nearly 2 per cent during Tuesday’s intraday trade. It has contracted 6 per cent in the last two trading sessions, keeping an eye on its Q1FY23 results due later in the day. Market analysts expect HCL Technologies to deliver a muted performance in a seasonally weak quarter. 

M&M Financial Services - In an otherwise bearish market, the shares of M&M Financial Services zoomed 3 per cent, hitting a 52-week high of Rs 206.85 per share. The gain in the shares of M&M Financial Services came on the back of a robust business outlook. In July 2022, so far, the shares have climbed 18 per cent, beating the 2 per cent rise in S&P BSE Sensex.  

HFCL - The shares of HFCL surged more than 5 per cent during Tuesday's trading session. The company received a purchase order of Rs 59.22 crore from a leading telecom operator. The order, which will be executed by July 2023, has been received for providing services to roll out its fibre-to-the-home (FTTH) along with the long-distance fibre network in various telecom circles. 

Titagarh Wagons - In Tuesday's weak market, the shares of Titagarh Wagons hit a four-year high of Rs 127.60 per share, advancing 3 per cent on BSE. On the back of a strong order book, the shares of Titagarh Wagons jumped almost 26 per cent in the past two weeks. In today's trading session, it was seen touching its highest level since March 2018.