Infosys, LTIMindtree, TCS, HCL Tech, LIC Housing Finance, ONGC, BPCL among top stocks to track

Stocks to watch: Domestic equities are expected to see a subdued opening. At 8:38 AM, Nifty futures on the Singapore Exchange (SGX) traded 21.5 points, or 0.11 per cent lower at 18,809.5 levels. Besides, Asian stocks headed for their worst week in three months on Friday as a string of hotter-than-expected inflation prints and hawkish central bank surprises made investors nervous about the economic toll of taming runaway prices.

That said, let's take a look at the top stocks that may remain in focus today:

IT stocks: Accenture fanned concerns about dwindling IT spending on Thursday with a quarterly revenue forecast that was below Wall Street estimates, sending its shares down more than 5%. Accenture forecasts current-quarter revenue in the range of $15.75 billion to $16.35 billion. Analysts on average expect revenue of $16.35 billion, according to Refinitiv data. The company blamed the weakness on its business catering to the tech, media and communications industries, which have sharply dialled back spending in recent months to cope with slowing growth. Revenue for that group fell 8% in the third quarter. READ MORE 

LIC Housing Finance: Shri T Adhikari has been appointed as the chief operating officer of the company. 

Landmark Cars: In pre-open, 1.88 per cent equity (7.5 lakh shares) changed hands in multiple block deals.

Sterling & Wilson: In pre-open, 20 lakh shares (1.05 per cent equity) changed hands in multiple block deals. 

Tata Consumer to delist GDR from London, and Luxembourg exchanges.

Coforge said it has acquired a 20 per cent stake in Coforge Business Process Solutions for Rs 336.94 crore.

ONGC: State-owned Oil and Natural Gas Corporation (ONGC) on Thursday said it has linked the Panna oilfield in the Arabian Sea to shore through a sub-sea pipeline, helping save USD 43,000 a day in cost that was previously incurred in transporting crude oil through ships. Panna field, which is part of ONGC's Bassein & Satellite (B&S) asset of western offshore, produces 9,600 barrels of oil per day. 

BPCL: The company's board meeting will be held on Wednesday, 28th June 2023 to consider the various modalities for capital infusion including rights issues, for achieving energy transition, net zero and energy security objectives, subject to requisite approvals as required under applicable law.