Stocks to Watch Today: Indian stock markets ended Thursday’s session on a strong note after breaking a three-day losing streak, as crude oil prices stabilised and improved investor sentiment. However, early indications from GIFT Nifty suggest that the domestic market may open on a slightly weaker note today. In the previous trading session, the NSE Nifty 50 climbed 285 points or 1.17% to close at 24,766, while the BSE Sensex surged 899 points or 1.14% to settle at 80,015. Investors are now closely watching key corporate announcements and developments that could influence trading activity during today’s session.
Stocks to Watch Today – March 6, 2026
Jio Financial Services: The company has invested ₹147.45 crore in its joint venture, Allianz Jio Reinsurance Ltd (AJRL), by subscribing to 14.75 crore equity shares at par value. The funds will be used to support the business operations of the reinsurance venture. With this latest investment, the total investment made by Jio Financial Services in AJRL has reached ₹150 crore.
Bajaj Auto: KTM AG has fully repaid a €450 million secured term loan that it had taken from Bajaj Auto International Holdings BV, a wholly owned subsidiary of Bajaj Auto. Following the complete repayment, the facility agreement between the two companies has been terminated.
Tata Consultancy Services (TCS): The IT major is reportedly in advanced discussions to establish additional artificial intelligence (AI) data centres in India. This development comes after its collaboration with OpenAI to build large-scale AI infrastructure with capacities ranging from 100 MW to 1 GW, which is expected to strengthen India’s AI ecosystem.
Tata Elxsi: The company has launched DevStudio.ai, a generative AI platform aligned with ASPICE standards. The solution is designed to accelerate the automotive software development lifecycle and is targeted at automobile manufacturers, system suppliers, and semiconductor companies.
Dr Reddy’s Laboratories: The pharmaceutical company has received the Establishment Inspection Report (EIR) from the U.S. Food and Drug Administration (USFDA) for its formulations manufacturing facility located in Srikakulam, Andhra Pradesh.
SBI Cards & Payments: The company has announced an interim dividend of ₹2.50 per equity share for the financial year 2025–26. March 11, 2026 has been set as the record date to determine shareholders who will be eligible to receive the dividend.
Mazagon Dock Shipbuilders: The defence shipbuilding company has clarified that the recent surge in its share price is not related to reports suggesting a possible ₹99,000 crore defence contract.
DCX Systems: The company has secured a purchase order worth ₹68.05 crore from Hindustan Aeronautics Limited (HAL), further strengthening its order book.
Standard Engineering Technology: The company has entered into a Target-Based Conditional Distribution Agreement with API Pharma Pharmaceutical Trading LLC for the Middle East region, as part of its strategy to expand exports.
Zaggle Prepaid Ocean Services: The company has signed an agreement with Blue Star to provide Zaggle Save, which is an employee expense management and benefits platform.
Garden Reach Shipbuilders & Engineers: The company has signed a Memorandum of Understanding (MoU) with Kalyani Strategic Systems to jointly develop indigenous solutions for advanced naval systems, unmanned platforms, and strategic maritime capabilities for both domestic and global markets.
Wipro: The technology services and consulting firm has announced the appointment of Laura Marie Miller to its Board of Directors, further strengthening its leadership and governance structure.
Finkurve Financial Services: The company has entered into a co-lending partnership with Godrej Finance to offer gold loan products under the Reserve Bank of India’s co-lending framework.
JK Tyre and Industries: The board of the company has approved investments worth ₹6.57 crore to acquire a minimum 26% stake in Sunpulse Power and a 26% stake in FPEL Burning Bright.
After a brief period of losses due to global geopolitical risks, the Indian stock market showed resilience on March 5. Investors remained cautious yet optimistic, focusing on corporate updates, dividend announcements, and strategic investments that may influence market trends in the coming days.
Disclaimer: The information provided in this article is for general awareness and educational purposes only. It should not be considered financial or investment advice. Investors are advised to consult a qualified financial advisor before making any investment decisions.
