Stock markets have opened lower on
Tuesday with a negative bias. The domestic currency also opened lower versus
the US dollar. Shares of Asian Paints, TCS, Bharti Airtel, and Axis Bank rose
in the morning hours, whereas Tata Motors, Mahindra & Mahindra and Dr
Reddy’s Labs fell.
Here is a list of a few major stocks
that are likely to be in focus today:- Axis Bank is likely to report muted
earnings for Sept quarter because of a rise in provisions. This is in spite of
an expected moderation fresh corporate slippages and stellar digit loan growth.
Bajaj Auto - The two-wheeler major
is to report mixed set of numbers on Tuesday for the quarter ended Sept 30,
2017. There are expectations that revival in demand from rural markets due to
normal monsoons and early festive season will help the industry to post
positive growth in Q2FY18.
Wipro Ltd - The Company is set
to declare their Sept 2017 quarter results today, 17 October 2017 today.
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