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Stocks to Watch: Reliance, Tata Motors, Wipro, Bank Of Baroda, HAL, and Others

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[ad_1] Last Updated: March 10, 2023, 09:06 IST Stocks to Watch on Friday. Stocks to watch: Shares of firms like Reliance, Tata Motors, Wipro, Bank Of Baroda, HAL, and others will be in focus on Friday's trade. The Nifty futures contract traded on the Singapore Exchange indicates a negative start to domestic equities. The contract was trading at 17,473.50, down 144.5 points or 0.82% from the previous close. “The domestic market could hardly hold on to its previous gains as the Fed chair’s reaffirmation of his hawkish statement brought in more worries. In this backdrop, the upcoming US job data will have a substantial impact on the Fed’s policy decisions in its upcoming FOMC meeting. A stronger-than-expected jobs report will prompt the Fed to raise interest rates by 50 bps,” said Vinod Nair, Head of Research, Geojit Financial Services. Reliance Industries Reliance Industries group’s FMCG unit announced the relaunch of Campa Cola, alongwith two other flavors, almost 23 years aft

India more attractive than other emerging markets: Capital Group - Times of India

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[ad_1] NEW DELHI: Capital Group, an American financial services company, has said that India appears to be more attractive than other emerging markets in the wake of the reforms initiated by the Modi government and a boost to domestic manufacturing, offering massive opportunities across sectors — from real estate to financial services and telecom. Although it said that the stock markets — which has seen the Sensex and Nifty trade at record highs in recent weeks — appear overvalued, there is a lot going for it. “. . . we believe the fundamental outlook for India is arguably better than ever. The market has a lot going for it: It’s one of the world’s fastest-growing economies, inflation is under control, the government has been fiscally responsible, and corruption is lower than it was a decade ago. If Indian companies can deliver on earnings and cash flows, we think it’s possible the market can grow into these valuations. The path of India’s equities has never been a straight lin