February 08, 2021
Stocks to watch out for today: BEML, BHEL, L&T, HAL, ITC and VRL Logistics The domestic market appears to open the new week on a strong note. Indications from SGX Nifty, which is currently ruling at 15,035 as against the Friday Nifty futures close of 14,930 on Friday here, signal bulls are likely to have the upper hand on Monday, at least in the early part of the week.
Asia-Pacific markets such as Australia, Japan, China, Hong Kong Taiwan, and Singapore are ruling firm with gains in the range of 0.35-2 per cent.
On Friday, the S&P BSE Sensex closed well above 50,000-mark at 50,732 while Nifty50, which crossed the 15,000-mark, settled at 15,924, thanks to heavy buying by foreign portfolio investors.
Stocks to watch today on February 8: Adani Enterprises, Britannia, PNB, BEML, Maruti, Ashoka Buildcon, Pfizer among others are the top stocks to watch out for in Monday s trading session
Read more about Market Ahead, Feb 8: Top factors that could guide markets this week on Business Standard. BPCL, NMDC, Bombay Dyeing, Godrej Consumer Products and Vakrangee are among 140 companies to post their December quarter numbers today
According to Nagaraj Shetti of HDFC Securities, present volatility and consolidation movement could eventually result in an upside breakout in the next few sessions.