Morgan Stanley city New Delhi India covid-19 crisis Coronavirus Morgan Stanley city New Delhi India

Stocks to Watch: RIL, HDFC Bank, Cadila, Titan, IOC, FMCG companies

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NEW DELHI : Here’s a list of stocks that could be in news on Thursday: RIL: Morgan Stanley expects Reliance Industries Ltd's net debt to fall even if energy and retail demand struggles for six months and the planned asset sales are delayed. "Per our assessment, RIL's net debt (including other liabilities) would remain stable in FY21, if the COVID-19 situation were to persist for six months and recover only slowly thereafter," the brokerage said. HDFC Bank: The Reserve Bank of India has advised HDFC Bank to wait for the new managing director to take over later this year before submitting proposals for two key board appointments.

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