Overnight Digest- Stocks to look out for on May 9

The stocks which are expected to witness significant movement on May 9 are State Bank of India, Bharti Airtel/Dena Bank, Natco Pharma, Bhushan Steel and Wockhardt.

State Bank of India: State Bank of India (SBI) has cut affordable home loan rates to 8.35 per cent which is lowest in market. The share price of bank will remain in the limelight on Tuesday.

Bharti Airtel/Dena Bank: Bharti Airtel and Dena Bank will declare their Q4FY17 results on Tuesday. The share prices of these companies will be in focus on May 9.

Natco Pharma: Natco Pharma has launched generic hepatitis C drug in India. The share price of the company will remain in the limelight on Tuesday.

Bhushan Steel: Bhushan Steel may be brought under S4A. The deal for refinancing from a German bank is likely to close. The share price of the company will be watched on May 9.

Wockhardt: Wockhardt is seeking shareholders’ nod to raise up to Rs 1000 crore via issue of securities. The share price of company will remain in the limelight on Tuesday.