HUL, Axis Bank, Kotak Mahindra Bank, PNB Housing, L&T, UCO Bank, Indiabulls Real Estate



a man sitting at a desk in front of a computer: Upcoming Union Budget 2021, corporate earnings, oil prices, rupee movement and other global cues will sway the market sentiment today. Image: Reuters


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Upcoming Union Budget 2021, corporate earnings, oil prices, rupee movement and other global cues will sway the market sentiment today. Image: Reuters

Domestic equity market benchmarks BSE Sensex and Nifty 50 were staring at a gap-up start on Wednesday, as suggested by the trends on SGX Nifty in early trade. Nifty futures were trading 80.50 points or 0.57 per cent up at 14,161.50 on Singaporean Exchange. Domestic equity stock markets were closed on Tuesday on account of Republic Day. Market participants will react to the IMF projection of 11.5 per cent growth rate for India in 2021. It said that this makes India the only major economy of the world to register double-digit growth in 2021. Besides, upcoming Union Budget 2021, corporate earnings, oil prices, rupee movement and other global cues will sway the market sentiment today.

Stocks in focus today-

HUL, Axis Bank: A total of 50 companies including Hindustan Unilever Ltd, Axis Bank, ICICI Prudential Life, Marico, United Spirits, Bank of Baroda, Canara Bank, Emami, Nalco, Quess Corp, PNB Housing, Nippon LIfe Asset Management and India Cements, among others are scheduled to announce their October- December quarter results on Wednesday.

Kotak Mahindra

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