Indian stock markets are set to reopen today after an extended weekend, with investors watching closely to see if the bullish momentum from the last session continues. On Friday, benchmark indices registered strong gains, supported by global cues and the 90-day suspension of additional import duties by the United States.
The BSE Sensex closed 1,310.11 points higher, up 1.77%, ending at 75,157.26. Meanwhile, the NSE Nifty advanced by 429.40 points or 1.92%, finishing at 22,828.55. During intra-day trade, the Nifty surged 524.75 points to reach 22,923.90, marking a 2.34% gain.
Today, several stocks across sectors are expected to remain in focus.
Top stocks to watch today, April 15
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HDFC Bank: The bank has reduced its interest rate on savings deposits by 25 basis points. The move is expected to have a positive impact on its Net Interest Margin (NIM).
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Aurobindo Pharma: Received final approval from the US FDA for its generic Rivaroxaban tablets. The US market for this drug is valued at approximately $8.5 billion.
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Tata Power: Signed a Power Purchase Agreement (PPA) with NTPC to develop a 200 MW firm and dispatchable renewable energy (RE) project.
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SAMIL / Sona BLW: Reports suggest that former U.S. President Donald Trump is considering changes to the 25% auto tariffs for imports from Mexico and Canada. The development could affect companies in the auto components sector.
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Cyient: Secured a contract from GreenH and Luxcara for a hydrogen project in Norway.
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Zydus Lifesciences: Got final approval from the US FDA for its Deflazacort tablets, marketed as Jaythari.
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Havells: Approved a strategic minority investment of ₹600 crore in Goldi Solar.
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Macrotech Developers (Lodha): The Lodha brothers have resolved a trademark infringement dispute.
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IRCON International: Received a Letter of Acceptance (LoA) worth ₹127 crore from the North Western Railway.
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Ashoka Buildcon: Emerged as the lowest bidder for a Central Railway project valued at ₹569 crore.
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Symphony: Plans to divest its businesses in Australia and Mexico to focus on higher-return markets, particularly India and the United States.
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Ahluwalia Contracts: Secured an order worth ₹396.5 crore from Godrej Properties.
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Transrail Lighting: Won orders worth ₹1,085 crore in the domestic market.
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GMR Power and Urban Infra: To divest its stake in subsidiaries to Synergy for ₹653 crore. The transaction aims to conclude its One-Time Settlement (OTS) with lenders.
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NCL Industries: Reported an 8% increase in cement production and a 7% rise in sales year-over-year for Q4.
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Adani Ports and SEZ: The board is set to consider a fundraise via preferential issue of shares on April 17.
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IDFC First Bank: Also scheduled to review a proposal to raise funds via preferential issue of shares on April 17.
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Vedanta: The Odisha State Pollution Control Board has imposed a penalty of ₹71 crore for violations related to fly ash disposal norms.
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Sula Vineyards: Reported a 2.9% year-over-year decline in revenue from its own brands in Q4, while total revenue rose 0.7%.
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Orient Cement: Q4 revenue dropped 7%, with volumes down by 3% on a year-over-year basis.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
