Stocks to Watch: ITC, Lupin, ABFRL, Glenmark, NBFCs, Tata group stocks

The key benchmark indices are likely to exhibit range-bound movement as market participants await further cues from global peers. As of 08:10 AM, the SGX Nifty futures were down 8 points at 17,318. Meanwhile, here the top stocks to focus in trade on Friday.

NBFCs: The RBI on Tuesday introduced a prompt corrective action (PCA) framework for large non-banking financial companies (NBFCs), putting restrictions on para-banks whenever vital financial metrics dip below the prescribed threshold. The PCA framework for NBFCs comes into effect on October 1 next year on the basis of their financial position on or after March