Stocks to Watch: Britannia, GAIL, Reliance, Adani Enterprises, Paytm, Nykaa

Stocks to Watch: With oil prices staging a dramatic reversal, related stocks, along with rate-sensitive sectors will be on the radar as RBI announces its monetary policy outcome Friday.

Equity markets are prepping for a mildly positive start to Friday's trade ahead of the Reserve Bank of India's monetary policy outcome. The central bank is expected to rise rates by 35-50 bps today as India's headline inflation continues to be 7 per cent plus, way above the bank's upper end of the tolerance band. 

At 7:15 am, the SGX Nifty futures were quoting at 17,450, up around 50 points from Nifty futures’ previous close. 

Overnight, oil prices also staged a dramatic reversal falling to pre-Ukraine war levels of $93/ barrel.

That said, here are some stocks that will