Stocks to Watch: Tata Steel, Fortis, Hero MotoCorp, Bombay Dyeing, McLeod

Stocks to Watch Today: UCO Bank became the first bank to get RBI nod for Rupee trade settlement a/c with Russia; The Central Bank warns M&M Finance against outsourcing recovery agents.

Stocks to Watch Today: The markets are likely to tread with caution on Friday given the nervous mood. After having seen the US Fed rate action, the market participants will now focus on the RBI policy outcome next week. At 07:20 AM, the SGX Nifty futures quoted at 17,566, indicating an opening loss of 50-odd points on the Nifty 50 benchmark.

Meanwhile, following are the stocks that are likely to some action in trades on Friday.

Tata Steel: The company's board has approved a scheme of amalgamation, wherein it shall merge seven step-down subsidiaries of the company with itself -