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Indian stocks to watch: Axis Bank, Infosys, more

Mar 21 2014, 09:05 IST
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BSE Sensex and NSE Nifty closed at their weakest level in two weeks on Thursday. BSE Sensex and NSE Nifty closed at their weakest level in two weeks on Thursday.
SummaryThe newsmaker stocks to watch on Friday include Axis Bank, Infosys, Gail.

The newsmaker stocks to watch on Friday include Axis Bank, Infosys, Gail.

STOCKS TO WATCH

* India seeks up to $935 mn in Axis Bank stake sale

* Infosys says another senior executive leaving (Read story)

* Gold jewellery exports turn to uptrend

* RBI deputy Chakrabarty resigns before end of term

* PSU hydropower firms to build 250 bn rupees of projects in Bhutan

* GAIL's 34 bn rupees pipeline project hits land block in Tamil Nadu

WORLD MARKET

* Nifty futures traded on the Singapore Exchange are up 0.4 percent, while the MSCI-Asia Pacific index excluding Japan trading 0.36 percent higher.

* Asian markets found their footing on Friday after Wall Street shook off concerns about Federal Reserve policy, while this week's spike in U.S. yields kept the dollar underpinned near three-week highs.

* U.S. stocks rose on Thursday, after a batch of economic data pointed to an improving economy and investors reassessed Fed Chair Janet Yellen's comments that had fuelled speculation of an earlier-than-expected rate hike by the central bank.

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