Overnight Digest – Stocks to look out for on September 26
The stocks which could witness a significant movement on September 26 are- Maruti Suzuki, Brigade Enterprises, DLF/IRB Infrastructure, Axis Bank and Idea.
Maruti :- Maruti to launch Ignis in Q4 and the stock may see some traction in session on September 26.
Brigade Enterprises: - The company has signed an MOU with rental solutions provider Nestway and the stock may continue trading with positive momentum.
DLF/IRB Infrastructure: - These companies can expect to gain from the SEBI announcement of relaxation in norms for REIT , InvIT making it easy for investors to participate.
Axis Bank:- According to media reports, SUUTI may sell stake in Axis bank and till the further clarification emerges the stock will trade volatile.
Idea :- Idea has announced that it will provide 230 per cent additional capacity to Rel Jio. National long distance capacity has expanded by nearly 50 per cent.