Here is a list of top 10 stocks that may be in focus on Wednesday: Reliance Industries: S&P Global Ratings has affirmed long-term rating at BBB+ and maintained a stable outlook for the oil-to-telecom conglomerate.
The rating agency said the firm's leverage is poised to improve and stabilise over the next 12-24 months owing to disciplined spending, asset monetisation and resilient earnings.
Axis Bank: The private lender reported a net loss of ₹1,388 crore for the March quarter owing to higher provisions. The bank had reported net profit of ₹1,505 crore in the same period last fiscal.
Total provisions rose 18% to ₹7,730 crore during January-March, compared with ₹2,711 crore from a year ago. Biocon: The pharmaceutical company and Mylan