Stocks to observe today, 26-Feb-2019

Following stocks will be watched out in trade today based on companies’ developments: Britannia Industries, HPCL, Wipro, Adani Enterprises.

Britannia Industries Limited will replace state- Hindustan Petroleum Corp Ltd (HPCL) to enter the Nifty50 Index with effect from 29-March 2019. The replacement will be applicable to Nifty50 Equal Weight Index.

Wipro Ltd: The IT major announced it has been distinguished as the winner of the ‘Quality Global Supplier’ award by INNOGY-SE, a leading European energy conglomerate.

Adani Group has come into the airports business by emerging the highest bidder for 5 out of the of 6 non-metro airports including Thiruvananthapuram airport run by the Airports Authority of India.

Based on developments, Adani Group stocks, specially Adani Enterprises Ltd, will be watched out today.