Stocks in Focus in coming days (Tomorrow)- 2 May 2017

The stocks of Raymond Ltd, Ambuja Cements Ltd, Uttam Galva, Deepak Nitrite, Kitex Garments, Navin Fluorine, RPG Life Sciences and Kesoram Industries will be in public attention in the upcoming days, as these companies have posted their earnings after market hours on the weekend Friday. 

The other stocks that will respond to earnings includes Dabur India Ltd, Bharat Financial Ltd, Indowind Energy, JSW Energy, Astra Micro Wave and Morepen Labs which are going to declare their results. 

UP sugar stocks will be in limelight on Tuesday, 2 May 2017, as UP government has asked sugar mills will pay 15% interest on cane arrears for 2016-17. Further, Dr Reddy's Lab Ltd, Aurobindo Pharma will react to USFDA actions. 

April sales data by auto companies will also be posted next week. Effectively the Auto companies like Tata Motors, Maruti Suzuki, M&M, Ashok Leyland, Hero , Bajaj Auto, Motocorp, Eicher Motors and TVS Motor will be in focus. Shares of Tata Motors Ltd will also be in focus as US auto sales data is expected to announce on May 3. 

Meantime, domestic institutional investors have bought more than Rs 9,000 crore worth of shares in April, while Foreign Institutional Investors (FIIs) were net sellers to the tune of more than Rs 2,000 crore. As per data, they had made highest ever monthly buying valued Rs 33,781 crore in March.