Stocks To Watch: Coal India, Future Retail, IOB, Cadila Healthcare
NDTV
The domestic stock markets are expected to trade cautiously on Thursday, taking cues from the global markets.
New Delhi: The domestic stock markets are expected to trade cautiously on Thursday, taking cues from the global markets. Asian shares wobbled lower on Thursday, hurt by the U.S. dollar which continued to march higher as investors bet on interest rates rising more quickly in the United States than in other major economies such as Japan and the eurozone. Trends on SGX Nifty indicated a slightly higher opening for the markets back home. The Nifty Futures on Singapore Exchange also known as the SGX Nifty Futures inched 0.09 per cent or 15.75 points up to 17,431.80.
The benchmark BSE Sensex had settled 323.34 points or 0.55 per cent lower at 58,340.99 on Wednesday; while the broader NSE Nifty had dived 88.30 points or 0.5 per cent to close at 17,415.05.
Here Are Stocks To Watch During Today's Session:
Coal India: Coal India Ltd has said it could invest Rs 40,000-50,000 crore as capital expenditure over the next 4 to 5 years. The Rs 17,000 crore capital expenditure for the current fiscal is on track, CIL chairman Pramod Agrawal stated.
