Stocks to Watch today, March 20, 2026: Indian stock markets are likely to begin Friday, March 20, on a subdued note, as weak global signals continue to dampen investor sentiment. Benchmark indices Sensex and Nifty may see a flat opening despite some positive cues from futures trading.
At around 7:20 AM, GIFT Nifty Futures were trading at 23,202, gaining 84 points or 0.37%, indicating a mildly positive but cautious start.
Asian markets showed mixed trends after a volatile session on Wall Street. Investors are staying cautious due to rising tensions in the Middle East and concerns about energy supply disruptions. Iran’s recent strike on a key gas facility in Qatar—carried out in response to Israel’s earlier attacks—could impact LNG supplies for years. This situation is expected to keep global energy prices elevated and add pressure on markets worldwide.
Key Stocks to Watch Today
Tata Consultancy Services (TCS)
TCS has entered into a memorandum of understanding with Zurich-based ABB. The partnership aims to deepen cooperation in areas such as IT infrastructure, application services, industrial artificial intelligence, and data centre development.
HDFC Bank
CEO Sashidhar Jagdishan revealed that the board was unexpectedly informed about the sudden resignation of part-time chairman Atanu Chakraborty. He emphasized that no concerns were raised and there was no disagreement between them. He also reassured that the bank’s core fundamentals remain strong. Notably, the stock dropped more than 5% in the previous session.
Cipla
Cipla plans to invest up to $100 million in its subsidiary Cipla (EU). The company has also approved the merger of Inzpera Health and appointed P R Ramesh as Vice-Chairman.
Nestlé India
The company announced plans to expand its Sanand facility in Gujarat by adding a new production line for its Munch chocolate brand. This expansion will boost capacity by 8,300 tonnes annually. The ₹225 crore investment will be funded internally and is expected to be completed by FY26.
JSW Cement
JSW Cement has launched a new greenfield integrated plant in Nagaur, Rajasthan, marking its entry into the northern market. The plant has a grinding capacity of 2.5 MTPA and clinker capacity of 3.3 MTPA. It will cater to demand in Rajasthan, Haryana, Punjab, and NCR.
NTPC
NTPC has signed an MoU with Octopus Energy Group to explore opportunities in power and energy. The collaboration may include electricity distribution, renewable energy, EV charging, digital platforms, and research initiatives.
Samvardhana Motherson
The company has approved a joint venture with Hellmann Worldwide Logistics to establish a new entity in Dubai with an authorised capital of $10 million.
SJVN
SJVN has achieved a significant milestone by generating 1 billion units of electricity from its 1,000 MW Bikaner Solar Power Project.
Wipro
Wipro has launched a new hub in GIFT City focused on AI-driven transformation for BFSI clients.
Indian Renewable Energy Development Agency
IREDA has increased its borrowing plan to ₹35,800 crore for FY26 and ₹40,000 crore for FY27. The board will meet on March 25 to consider an interim dividend.
Indiqube Spaces
The company has secured a ₹54 crore leasing deal with a global capability centre (GCC) client in Pune. The agreement includes 1,140 seats at its IndiQube Orchid facility for a duration of five years.
Market Takeaway
Overall, markets are expected to remain cautious due to global uncertainties, especially geopolitical tensions and rising energy prices. However, stock-specific developments and corporate announcements could drive selective movement in individual counters.
