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

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.