Stocks to Watch Today: RIL, Bajaj Auto, HDFC, LIC, TVS Motor, IIFL Finance, HFCL

Stocks to Watch Today: The BSE Sensex and the NSE Nifty are likely to open with a significant negative gap as US markets tanked sharply in trade overnight amid worries ahead of CPI numbers. As of 07:25 AM, the SGX Nifty futures quoted at 16,241, indicating a huge opening loss of 250-odd points.

Meanwhile, these are the stocks that are likely to see some action in trades on Friday.

LIC, Prudenet Advisory: The compulsory lock-in period for anchor investors in some of the recent listing will be coming to end in June. Early next week on Monday, the anchor investment period for LIC ends followed by Prudent Advisory on June 17. Thereafter, others in queue are Delhivery, Venus Pipeps etc. READ MORE

Bajaj Auto: The two-wheeler manufacturer has scheduled its Board meet on June 14 to consider a proposal for share buyback. The company last went for such a move in 2000, when shareholders approved the buyback of up to 18 million equity shares at a price of Rs 400 each. READ MORE

HDFC: The housing finance major hiked its Retail Prime Lending Rate on housing loans and its Adjustable Rate Home Loans (ARHL) by 50 basis points starting June 10.

Reliance Industries (RIL): A consortium of Apollo Global Management and Reliance Industries made a binding offer for Walgreens Boots Alliance’s international arm. According to soures, the proposal…