Overnight Digest: Stocks to keep an eye on May 16!

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

On Monday, the domestic benchmark indices ended the day higher. BSE Sensex Index is up 0.51 per cent at 62,346 and NSE Nifty-50 Index is up 0.46 per cent at 18,399. In the broader market, BSE Mid-Cap Index is up by 0.47 per cent and BSE Small-Cap Index is up by 0.49 per cent. On the sectoral front, BSE Realty Index is the top-gaining sector led by Macrotech Developers Ltd, DLF Ltd, Prestige Estate Projects Ltd and Godrej Properties Ltd.  

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

Bharti Airtel: The company is going to release its Quarterly Results and annual results on May 16, 2023, and it is likely to announce positive numbers. The company is diligently erecting towers on a daily basis to ensure extensive coverage is available across all areas.  

Oberoi Realty Ltd: It was one of the Top Gainers on the BSE Realty Index today because of the upcoming results by the company and anticipation of reporting amazing numbers soon. On Monday, shares of the company jumped over 6 per cent with a spurt in volume by more than 5.12 times on BSE.  

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Indian Oil Corporation: This PSU company is into various mega expansions of business with an investment of over Rs 91,000 crore. On May 16, 2023 the results will be out and numbers might be higher compared to previous figures.   

Jindal Steel and Power Ltd: This steel company has reported positive numbers in its quarterly results and annual results in the fiscal year 2023. The upcoming results of the company will be released tomorrow and are expected to be positive numbers.