Stocks to Watch: Axis Bank, M&M, Laurus Labs, Tata Consumer, Auto, OMCs

As per Moody's, fuel retailers IOC, BPCL and HPCL have together lost around USD 2.25 billion (Rs 19,000 crore) in revenue between Nov-March by keeping petrol and diesel prices unchanged.

The markets are likely to open marginally in green on Friday as investors remain wary over the possibility of further sanctions on Russian energy and the likely impact on global economies, including India. As of 07:45 AM, the SGX Nifty March futures quoted at 17,300 levels, hinting at a opening gain of 50 points for the Nifty50. 

Meanwhile, here are some stocks that may see likely market action today: 

Auto companies: Reliance New Energy Solar, Ola Electric, Hyundai Global, and Rajesh Exports are among four firms that have been selected for the Rs 18,100 production-linked incentive (PLI) sch­eme