Amid a situation wherein, the investors were cautious and the markets remained choppy, the benchmark indices ended on a negative note with Nifty slipping below the 16,900 level on Wednesday. 

Sensex ended the day 451.03 points higher at the 60,566.16 level. Nifty gained 130.50 points to close above 18,000. About 1,776 shares advanced, 1,600 shares declined while 101 shares were unchanged. 

In line with this, we have selected some stocks that could be in action amid corporate action as these stocks are likely to announce bonus shares in their upcoming board meetings. 

On Wednesday, the benchmark indices recovered in the afternoon session but closed lower towards the end of the trading session.

A high PE ratio indicates that market participants expect high levels of earnings and growth in the future. Shares are rising faster than earnings in anticipation of improved earnings.

Going ahead, the theme of sector churning and stock-specific outperformance is likely to remain intact and hence, we have come out with a list of stocks that should be on your radar. 

Going ahead, the stock selection is going to be of paramount importance and hence, we have chalked down a list of stocks that are likely to witness a breakout.    

Snapping the winning streak for eight sessions, the benchmark indices ended the week on a lower note. Sensex was down 651.85 points or 1.08 per cent at 59,646.15 level, and the Nifty was down 198 points or 1.10 per cent at the 17,758.50 level. 

Post recording a fall of 300 points during Thursday's trading session, the Sensex recouped all of its losses to end at the 60,298 level, being up by 38 points or 0.06 per cent, whereas the Nifty 50 recovered from a low of 17,852 to end at 17,965, up 21 points or 0.12 per cent. 

On Wednesday, the bulls on Dalal Street held on to the momentum going up as Sensex crossed the psychological 60,000 mark whereas Nifty travelled towards the 18,000-level due to softening inflation and robust FII buying in the current month.