Stocks to watch in trade on Jan 28

Published: Tuesday, January 28, 2014, 8:29 [IST]

Markets are expected to open weak once again, even as Asian markets exhibit a steady trend. The SGX Nifty is trading with a cut of 28 points, suggesting a weakish trend.

US Markets and European markets ended the day with losses yesterday. Asian markets are trading steady with the most of the markets gaining except the Shanghai Composite, which is marginally down in trade.

Here are a few individual stocks to watch out for in trade today:

Maruti Suzuki

The stock of Maruti Suzuki is expected to be volatile ahead of its numbers to be declared later today. The stock lost heavy ground on Monday and closed 4.33 per cent lower.

Hindustan Unilever

Hindustan Unilever will react to its numbers, as the company declared its results just before close of market hours, leaving analysts a little less time for analysis.

Banking stocks

Banking stocks are expected to be volatile ahead of the RBI's Monetary Policy. It's widely expected that the RBI would hold rates steady in its results.

Punjab and Sind Bank

The stock of Punjab and Sind Bank is also expected to be volatile ahead of its Q3 numbers to be declared later today.

Idea Cellular

Idea Cellular will react to its numbers which were declared after market hours. The numbers were good and the stock may see a positive reaction to numbers.

GoodReturns.in

Story first published: Tuesday, January 28, 2014, 8:29 [IST]

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