Stocks To Watch: Reliance Industries, TCS, Airtel, ICICI Bank
NDTV
The domestic stock indices are likely to trade cautiously on Monday taking cues from the global markets.
New Delhi: The domestic stock indices are likely to trade cautiously on Monday taking cues from the global markets. Asian share markets were muted as investors count down to another U.S. inflation reading that could well set the seal on an early rate hike from the Federal Reserve, lifting bond yields and punishing tech stocks. Trends on SGX Nifty indicated a slightly positive opening for the markets back home. The Nifty Futures on Singapore Exchange also known as the SGX Nifty Futures rose 66.10 points or 0.37 per cent to 17,921.20.
The benchmark BSE Sensex had jumped 143 points or 0.24 per cent to close at 59,745 on Friday, while the broader NSE Nifty had settled 67 points or 0.38 per cent higher at 17,813.
Here Are Stocks To Watch During Today's Session:
Reliance Industries: Billionaire Mukesh Ambani's RIL has announced the acquisition of New York's premium luxury hotel Mandarin Oriental for $98.15 million. Set up in 2003, Mandarin Oriental New York is an iconic luxury hotel located at 80 Columbus Circle, directly adjacent to the pristine Central Park and Columbus Circle.
