Stocks to Watch: Gail, Apollo Hospitals, Cadila, IOC, UPL, Saregama, KSB

Apollo Hospitals is likely to be in limelight as the stock enters Nifty 50. It will be replacing IOC with effect from March 31.

The key benchmark indices are likely to start trade on a gung-ho note mirroring the sharp pull-back in global markets as US and UK imposed fresh sanctions on Russia to curb its economy. As of 07:00 AM, the SGX Nifty futures quoted at 16,546, indicating a gap-up of almost 300 points on the Nifty 50 index. Meanwhile, here are the top stocks in focus for trade on Friday.

Also starting today, India moves into T+1 stock settlement, which means that trade-related settlements must be done within one day of the transaction's are executed. Here’s what it means.