Top stocks to watch out for on February 1: Dr Reddy's Labs, Yes Bank, Jet Airways, SBI

SUMMARY

The Indian market looked set to open higher on Friday, as investor sentiment remained upbeat ahead of the Narendra Modi government's last budget, months before elections. Also, at 07:00 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up by 0.53 percent at 10,912.50, pointing to a positive start for the market.

By CNBC-TV18Feb 1, 2019 7:27:30 AM IST (Published)

The Reserve Bank of India (RBI) said it has dropped Bank of India (BoI), Bank of Maharashtra (BoM) and Oriental Bank of Commerce from the prompt corrective action plan (PCA) for state-owned banks with high levels of bad loans and insufficient capital, subject to “certain conditions and continuous monitoring”. (Picture credits: Reuters)

Telecom giant, Bharti Airtel, on Thursday reported a 72 percent year-on-year (YoY) drop in consolidated net profit at Rs 86.2 crore for the third quarter ended December 2018 amid rising competition. (Picture credits: Reuters)

Yes Bank Ltd on Thursday named Ajai Kumar as interim chief executive, effective February 1, until Ravneet Gill takes charge. (Reuters)

Jet Airways Ltd has reinstated three aircraft into its fleet after completing engine work, the airline said in a statement on Thursday. (Reuters)

Pharma major Dr Reddy's Laboratories Thursday said it has appointed Axis Bank's former MD and CEO Shikha Sharma as company's independent additional director for five years. (Picture credits: stock image/Caption credits: PTI)

State-owned NMDC Ltd Thursday said its net profit for the quarter ended December 31 was up by 78 percent to Rs 1,557 crore against Rs 887 during the same quarter last fiscal. (Picture credits: stock image/Caption credits: PTI)

Tata Motors on Thursday said it has signed an agreement to supply Tigor electric vehicles (EVs) to technology major Capgemini. According to the partnership, Capgemini will deploy these EVs on its campuses in Bengaluru, Chennai and Hyderabad. (Picture credits: Reuters/Caption credits: PTI)

InterGlobe Aviation Limited, which operates the IndiGo airline, Thursday said it has entered into an agreement with BIAL to build a maintenance, repair and overhaul (MRO) facility at Bengaluru airport.(Picture credits: Reuters/Caption credits: PTI)

The country's largest two-wheeler maker Hero MotoCorp on Thursday reported 4.5 percent decline in its standalone profit after tax (PAT) to Rs 769.1 crore for the third quarter ended December 31, 2018.(Picture credits: Reuters/Caption credits: PTI)

Results today:State Bank of India, Dr Reddy's Laboratories, Titan Company, Monsanto India, Balaxi Ventures, BSE Limited, Astron Paper & Board Mill, Galaxy Surfactants, Sequent Scientific, The Investment Trust Of India, Equitas Holdings, Capri Global Capital, Sarla Performance Fibers, Rajesh Exports, Berger Paints, Unichem Laboratories, Sundram Fasteners, GIC Housing Finance, FCS Software Solutions, Excel Industries, EID Parry India, Akzo Nobel India, Hikal, Deepak Nitrite, Shanthi Gears, Dredging Corporation of India, Vardhman Special Steels, Quintegra Solutions, Voltamp Transformers, Kalpataru Power Transmission, Paramount Communications, NOCIL, Jagran Prakashan, Taj GVK Hotels & Resorts, National Fertilizers, Smartlink Holdings, Carborundum Universal, Elgi Equipments. (Picture credits: stock image)