Stocks on the radar | Some Nifty 500 stocks trade higher ahead of results

The Indian market is in throes of uncertainty, with the volatility index (VIX) reading at 16. While the Nifty grapples with crucial resistance around the psychological 22,000 mark, corporate earnings are amplifying the volatile environment.

While experts suggest that intraday positioning is the optimal strategy in these turbulent times, traders face challenges in spotting the right position for themselves.

To gauge which stocks may take the forefront this earnings season, one effective approach is to track the earnings calendar and monitor price changes ahead of their results.

Here is a list of stocks from the Nifty 500 Index that are top gainers, trading higher ahead of their results due on February 9.

Check out: Money control’s Q3 FY24 earnings result calendar

Shree Renuka Sugar | CMP Rs 53.6 | Shree Renuka Sugars Ltd is into the manufacturing and refining of sugar, ethyl alcohol, ethanol, generation and sale of power. The stock is up by 5 percent ahead of the results, trading near its 52-week high levels of Rs 57.

Finolex Cables | CMP Rs 1,145 | The manufacturer of electrical and telecommunication cables sees its stock price up 3 percent ahead of results, trading above its 10-Day SMA of Rs 1095.29.

Easy Trip Planner | CMP Rs 52.95 | The provider of end-to-end travel solutions is trading up 3 percent ahead of its results.

Alkem Laboratories | CMP Rs 5,141 | The pharmaceutical major sees approximately 2 percent rise in price ahead of its Q3 FY 24 results.

Indigo Paints | CMP Rs 1,431 | The manufacturer and seller of decorative paints is trading up 1.70 percent ahead of its results.

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