Top stocks to watch out for on April 16: Jet Airways, Wipro, Indiabulls Housing Finance, LVB
Updated : April 16, 2019 07:33 AM IST
Indian benchmark indices are set for a positive start on Tuesday as investors cheer India's March trade data. Exports grew significantly by 11 percent to $32.55 billion in March on account of higher growth in various sectors. India's trade deficit narrowed to $10.89 billion as compared to $13.51 billion in the corresponding period last year.
Shares ended higher on Monday, in line with global markets. The BSE Sensex ended at 38,906, up 139 points, while the broader NSE Nifty50 settled at 11,690, adding 47 points. The investors cheered when IMD forecasted a near-normal monsoon rains for India this year, easing concerns over farm output and economic growth.
Asian shares traded little changed after disappointing bank earnings in US dented Wall Street, though recent positive signs for the global economy likely to limit the losses. Here are the top stocks to watch out for in today’s trade: