Stocks To Watch Today: The Indian stock market is expected to begin Thursday’s trading session on a strong note, supported by positive global market signals. At around 7:53 AM IST, GIFT Nifty was trading at 24,184, gaining 140 points or 0.58%. This indicates that the benchmark indices, Sensex and Nifty 50, may open with solid gains.
Stocks To Watch Today (July 2, 2026)
Indian benchmark indices, the Sensex and Nifty 50, snapped their two-day losing streak on Wednesday, supported by strong global market cues and easing crude oil prices, which lifted investor confidence. The Sensex gained 443.97 points (0.58%) to close at 76,922.64. During the session, the 30-share index surged as much as 631.41 points (0.82%) to reach an intraday high of 77,110.08. The Nifty 50 also ended higher, advancing 140.10 points (0.59%) to settle at 24,005.85.
JTL Industries
JTL Industries delivered a strong operational performance during the first quarter of FY27. The company reported sales volume of 1,18,513 metric tonnes (MT), marking an 18% year-on-year increase compared with 1,08,406 MT recorded in the same quarter last year.
According to the management, the growth was driven by healthy customer demand, better utilisation of production capacity at its Mangaon manufacturing facility, an improved product mix, and higher operational efficiency.
V2 Retail
V2 Retail reported an impressive financial performance for the first quarter of FY27. The company’s revenue increased 58% compared to the same period last year, supported by a 7.5% rise in same-store sales. Its monthly sales per square foot reached Rs 886. During the quarter, the retailer continued its expansion by opening 57 new stores while closing one outlet. This increased its total retail network to 381 stores.
NMDC
Government-owned mining company NMDC recorded strong production growth during June. Iron ore production rose 44% year-on-year to 5.15 million tonnes, mainly due to higher output from its Chhattisgarh mines. The company’s sales also improved, rising 11% from a year earlier to 3.98 million tonnes.
Canara Bank
Canara Bank reported healthy business growth in its June quarter operational update. Global deposits increased 11.7% year-on-year to Rs 16.13 lakh crore. Domestic deposits accounted for Rs 14.73 lakh crore of the total. Global advances grew 18% to Rs 12.93 lakh crore, while domestic advances stood at Rs 12.07 lakh crore. Domestic Retail, Agriculture and MSME (RAM) advances registered strong growth of 21.3% year-on-year, reaching Rs 7.65 lakh crore.
Ola Electric
Ola Electric continued to benefit from rising demand for electric vehicles in India. Based on official VAHAN registration data, the company registered 43,719 vehicles during the first quarter of FY27. This represents nearly double the 22,252 vehicle registrations recorded during the fourth quarter of FY26.
Coal India
Coal India secured a major renewable energy project after receiving a Letter of Award worth Rs 2,831.11 crore from Bundelkhand Saur Urja Limited. The project involves developing a 600 MW solar power plant at Jalaun Solar Park in Uttar Pradesh. It is expected to be completed within 18 months after the signing of the Power Purchase Agreement (PPA).
Hero MotoCorp
Hero MotoCorp announced an investment plan worth more than Rs 3,200 crore in Andhra Pradesh. The investment includes the establishment of a Global Parts Centre at Tirupati with an investment of Rs 750 crore. The project is expected to create over 4,000 employment opportunities in the region.
Brainbees Solutions
Brainbees Solutions, the parent company of FirstCry, approved its participation in the proposed initial public offering (IPO) of its subsidiary, Swara Baby Products. The company plans to sell shares worth up to Rs 300 crore through an Offer for Sale (OFS). Even after the IPO, Swara Baby Products will continue to remain a subsidiary of Brainbees Solutions.
Indian Bank
Indian Bank reported steady business growth for the quarter ended June 30. The bank’s total business increased 13.6% year-on-year to Rs 15.28 lakh crore, reflecting growth in both deposits and advances.
Lupin
Pharmaceutical company Lupin announced that the European Medicines Agency (EMA) has approved the expansion of the marketing authorisation for NaMuscla. The approval allows the medicine to be used for treating pediatric patients suffering from non-dystrophic myotonic disorders (NDM), expanding its patient coverage in Europe.
BPCL
State-owned Bharat Petroleum Corporation Limited (BPCL) announced that it has signed definitive agreements to acquire the complete stake held by Videocon Energy Brazil Ltd (VEBL) in IBV Brazil Petroleo Limitada. The acquisition is expected to strengthen BPCL’s presence in overseas energy assets.
V-Mart Retail
V-Mart Retail reported a strong first-quarter performance. Revenue rose 23% year-on-year to Rs 1,089 crore. During the quarter, the company opened 15 new stores and closed one existing outlet, taking its total store count to 591.
Force Motors
Force Motors reported healthy growth in vehicle sales during June. Domestic vehicle sales increased 26.63% year-on-year to 3,547 units. Export volumes surged 76.14% to 88 units, resulting in total vehicle sales rising 23.5% compared to the previous year.
Maruti Suzuki India
Maruti Suzuki India registered a significant rise in vehicle production during June. The automaker produced 1.78 lakh vehicles, representing a 39.57% increase compared to 1.27 lakh units produced during the same month last year.
South Indian Bank
South Indian Bank posted healthy growth across its lending and deposit businesses. Gross advances increased 17% year-on-year to Rs 1,04,366 crore, while total deposits grew 11.4% to Rs 1,25,786 crore. CASA deposits recorded a 14.6% increase, helping improve the bank’s CASA ratio to 32.99%, indicating stronger low-cost deposit mobilisation.
Market Outlook
Several companies have reported strong quarterly business updates, expansion plans, production growth, and strategic investments ahead of the trading session. Positive developments from sectors including banking, retail, automobiles, mining, pharmaceuticals, renewable energy, and electric vehicles are expected to keep these stocks in focus as investors prepare for Thursday’s market opening.
Disclaimer: This article is for informational purposes only and should not be considered as investment or financial advice. Investors should consult a qualified financial advisor before making any investment decisions.
