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Stocks to Watch Today: Shipping Corporation of India, Britannia, HUL, MMTC

11 Mar , 2022   By : Kanchan Joshi


Stocks to Watch Today: Shipping Corporation of India, Britannia, HUL, MMTC

Here is the list of the top 10 stocks that are likely to be in focus on Friday:


Shipping Corporation of India: Life Insurance Corporation of India sold a 2% stake in the firm through open market transactions.


Britannia Industries: LIC bought 1.2 lakh shares in the FMCG firm.


MMTC: The firm executes a share-purchase pact to sell stake in NINL to Tata Steel arm


Oil stocks: Crude prices are likely to rise after the US inflation surged in February. Stocks of Reliance, ONGC, IGL, Indian Oil, among others may see a lot of activity.


Metal stocks: With the global commodity prices remaining elevated, the metal index could see a lot interest from investors.


IT stocks: Weak rupee has helped IT stocks such as Infosys, HCL Tech, Wipro. The trend is likely to continue today


Auto stocks: With the prices of key metals going up, interest in auto stocks are likely to rise.


FMCG firms: HUL, Nestle India did well on Thursday and the trend is likely to continue on Friday.


Exporting companies: A weak rupee is likely to boost stocks of these firms.


Paint firms: Hike in crude prices is likely to affect these firms.


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