Stocks to Watch: Axis Bank, Brightcom, Cipla, Federal Bank, Pidilite, IT

BHEL, Birlasoft, Canara Bank, Fino Payments Banks, LIC Housing Finance, MayMyIndia, McDowell Holdings, PNB, RBL Bank and Wockhardt to announce results today.

The key benchmark indices are likely to start trade on a disappointing note as the US Federal reaffirmed its stance to tightening the money supply from March onwards, but starting with rate hikes and ending bond purchases. As of 08:20 AM, the SGX Nifty February futures quoted at 16,950, indicating a likely gap-down of more than 200 points on the Nifty 50 benchmark.

Meanwhile, here are the top stocks in focus for trade on Thursday.

Earnings Watch: AIA Engineering, Arvind, Aurion Pro, BHEL, Birlasoft, Canara Bank, CG Power, Chalet Hotels, CoForge, Colgate Palmolive, Dalmia Bharat, Filatex India, Fino