Stocks to Watch: RIL, TVS Motor, CEAT, Adani Power, Wipro, Canara Bank

Shares of Reliance Industries, Canara Bank, Sundaram-Clayton, Tata Power Company, CSB Bank, Federal Bank will be in focus ahead of their Q4 results.

After ending flat on profit-booking in the previous session, the Sensex and Nifty are looking to start Friday's session with deep cuts as global markets tumble on fears of bigger rate hikes. Markets in US fell up to 5 per cent overnight after Bank of England hiked interest rates and raised its inflation forecast to 10 per cent. At 7:45 am, the SGX Nifty futures were quoting 16,420 levels, hinting at a gap-down start of over 250 points for the Nifty benchmark. 

Meanwhile, these are the stocks to watch out for in trade today: 

Earnings Watch: Reliance Industries, Canara Bank,