Stocks To Watch: Maruti Suzuki India, Bajaj Auto, L&T, ITC

The domestic stock markets started in red on Thursday, taking cues from the global markets.

Stocks To Watch: Maruti Suzuki India, Bajaj Auto, L&T, ITC

Trends on SGX Nifty indicated a flat opening for the markets back home.

New Delhi: The domestic stock markets started in red on Thursday, taking cues from the global markets. Global stocks eased from record peaks as a stark reminder of supply chain snags in corporate earnings reports stalled their rally, while investors also looked to whether central banks may consider tightening monetary policy earlier than thought. Trends on SGX Nifty indicated a flat opening for the markets back home. The Nifty Futures on Singapore Exchange also known as the SGX Nifty Futures rose 0.24 per cent or 43 points to 18,239.

The benchmark BSE Sensex fell 228 points to 60,915 in opening trade; while the broader NSE Nifty traded below the 18,150-mark.

Here Are Stocks To Watch During Today's Session:

Maruti Suzuki India: The country's largest carmaker said its full-year sales and profit expectations have been upended by the global chip shortage and spike in commodity prices. Maruti has reported a 66 per cent decline in consolidated net profit at Rs 487 crore in the second quarter ended September 30, 2021.

Bajaj Auto: The automaker has reported 70.8 per cent growth in consolidated profit after tax (PAT) at Rs 2,039.86 crore for the second quarter of FY22.

Larsen and Toubro: L&T has reported a 67 per cent drop in consolidated net profit to Rs 1,819.45 crore for the quarter ended September 30, 2021.

ITC: The company has reported a net profit of Rs 3,697 crore on a standalone basis, compared to Rs 3,252.62 crore in the corresponding period last year, marking a growth of 14 per cent year-on-year.

PNB: Punjab National Bank has reported a net profit of Rs 1,105 crore as against Rs 621 crore in the same quarter last year.

DLF, Bajaj Finserv, InterGlobe Aviation, RBL Bank, Adani Green Energy and Blue Star are some of the companies that will report their earnings later in the day.

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