Stocks to Watch Today: Indian Oil, Infosys, Indigo, Apollo Hospitals, and Others

Asharp bounce back in SGX Nifty50 futures indicated a recovery in the Indian stock market after massive selling pressure seen in the previous trading session. It was mayhem on Dalal Street on Thursday as the benchmark indices tanked nearly 5 per cent, their biggest single-day fall since March 2020, after Russia launched an invasion of Ukraine. As a result, global crude oil prices surged past over $100 a barrel for the first time since 2014, raising concerns over global growth. The BSE Sensex plunged 2,702 points or 4.7 per cent to 54,530, while the Nifty50 closed way below its 200-day exponential moving average (16,881), falling 815 points or 4.78 per cent to 16,248, the lowest closing level since September 2, 2021, and formed a large bearish candle on the daily charts. It was also the expiry day for monthly futures & options contracts.