These stocks are likely to be in focus on November 8

These stocks are likely to be in focus on November 8

by 5paisa Research Team Last Updated: 2022-12-12T08:37:26+05:30

On Wednesday, the benchmark indices witnessed profit booking because of weak global market cues and stretched valuations.

At close, the Sensex was down 257.14 points or 0.43% at 59,771.92, and the Nifty was down 59.80 points or 0.33% at 17,829.20. About 1509 shares have advanced, 1662 shares declined, and 143 shares are unchanged.

On the sectoral front, the auto, bankex, consumer durables and telecom indices declined over 1% while realty and capital goods index zoomed beyond 2%. The indices in broader markets, BSE Smallcap index and BSE Midcap index ended 0.22% and 0.33% lower.

Watch out for these stocks for Monday’s trading session.

Lupin - The company announced the launch of the authorized generic version of Antara (Fenofibrate) Capsules, 30 mg and 90 mg, of Lupin Atlantis Holdings, S.A. Corporation, a wholly-owned subsidiary of Lupin. Fenofibrate is an oral medication of the fibrate class used to treat abnormal blood lipid levels. Keep a watch on this stock on Monday.

Bharti Airtel– The company declared its quarterly results for the quarter ended September 30, 2021. On a consolidated basis, the net profit zoomed 300% sequentially to Rs 1,134 crore in Q2 FY22. The net profit adjusted for the one-time spectrum sale gain and tariff hikes undertaken in August stood at Rs 594 crore. Consolidated revenues on a sequential basis were up 6% at Rs 28,326 crore. Meanwhile, the consolidated EBITDA of Rs 14,018 crore was up 6.2% compared to the previous quarter. Keep an eye on this stock on Monday.

52-week high stocks – From the Sensex pack, the stocks of Larsen & Toubro and SBI have been catching attention on Wednesday. They have made a fresh 52-week high in Wednesday's trading session with Larsen & Toubro gaining up to 4.25%. Keep a watch on these stocks on Monday.

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