Business Standard

Stocks to Watch: RIL, Ambuja Cements, Torrent Power, Easy Trip, Banks

Banking shares may see some action after four banks hiked deposit rates in the last one week, an indication that the interest rate cycle has turned amid uptick in loan demand.

BSE500 headline P/E declines, but value of most companies rises
Premium

Rex Cano Mumbai
The key benchmark indices are likely to start trade on a subdued note amid weak global cues as the Russia-Ukraine worries continue to linger. As of 07:40 AM, the SGX Nifty futures quoted at 17,250, indicating a likely opening loss of 50-odd points on the Nifty 50 index. Meanwhile, here are the top stocks in focus for trade on Friday.

Reliance Industries (RIL): The Mukesh Ambani-led company listed their existing foreign currency bonds of over $7 billion on India INX becoming the largest such listing by a private entity in India INX and GIFT IFSC. The listing includes the $4 billion

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 18 2022 | 7:50 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com