Stocks to watch: RIL, SBI, ICICI Bank, Sesa Goa

Reliance Industries will be on the radar this morning after third quarter net profit surged 28% to Rs 5136 cr on back of rise in gross refining margins. Also good performance in petrochemical business boosted profits.

State Back of India will be closely watched after net profit surged 14% beating analyst forecast led by strong growth in net interest income.

ICICI Bank and Sesa Goa may be on the buzzer ahead of third quarter results later today.

Rate sensitive banking, realty and auto shares will be closely watched ahead of policy meet tomorrow. Analysts expect 25 bps rate hike in this policy to tame inflation.