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Stocks to Watch Today: SAIL, JSW Energy, Oil India, SpiceJet, IndiGo

17 Mar , 2022   By : Kanchan Joshi


Stocks to Watch Today: SAIL, JSW Energy, Oil India, SpiceJet, IndiGo

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


JSW Energy: JSW Energy on Wednesday said that it has completed the streamlining and reorganisation of its renewable and thermal power businesses.


SAIL: State-owned Steel Authority of India (SAIL) has approved an interim dividend of Rs2.5 per share for the current financial year 2021-22, according to an exchange filing.


M&M: Mahindra & Mahindra is looking to increase its stake in Carnot Technologies Pvt Ltd to 52.69% with an investment of around Rs14 crore, the company said on Wednesday.


Aviation stocks: Airlines relieved by last week’s decision to resume regular international flights were blindsided by Wednesday’s record hike in jet fuel prices, which promises to put a severe strain on their financials. Shares of IndiGo, SpiceJet will be in focus.


Oil India: The firm's subsidiary Numaligarh Refinery will invest Rs6,555 crore for a petrochemical project in Assam.


Oil stocks: Crude prices have crossed $100 a barrel mark and the sector is likely to see some movements.


IT stocks: The US Fed panel hiked the interest rate by 0.25%, the central bank announced on Wednesday. Investors are likely to react to the rate hike. Infosys, TechM, Wipro will be in focus.


Bank stocks: The Fed's decision to hike interest rate by 0.25% is likely to see FPI outflows and banks could become the biggest casualty.


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