Stocks to watch: RIL, Britannia, NHPC, Cipla, InterGlobe Aviation, RITES

Stocks to watch today: Reliance Industries will hold their 45th Annual General Meeting on Monday, August 29; Tons of biscuits were destroyed after a major fire broke out at Britannia's Pantnagar plant

Stocks to watch today: A gap down start is on cards for the Indian equity markets after global sentiments turned weaker on the US Federal Reserve (US Fed) Chairman Jerome Powell’s hawkish tone at the Jackson Hole meet. As of 7:40 am, the SGX Nifty Futures quoted 17,267 levels, down nearly 300 odd-points on the Nifty50.
 

Globally, the US Fed’s aggressive stance to tame inflation sparked selloff in the US markets on Friday. Dow Jones declined 3 per cent, while the S&P 500 and NASDAQ Composite tumbled 3.3 per cent and 3.9 per cent, respectively.
 

Major-markets in Asia-Pacific, too, crashed