Stocks to Watch Today: IndiGo, Yes Bank, JSW Steel, Indian Hotels in Focus
Stocks to Watch Today: Indian markets are gearing up for a busy trading day as several big names are set to remain in focus. From index reshuffles to corporate updates and RBI approvals, investors will have plenty to track in today’s session.
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IndiGo & Max Healthcare in Nifty
InterGlobe Aviation (IndiGo) and Max Healthcare will be added to the Nifty 50 index at the end of September as part of the semi-annual reshuffle, strengthening their position in the benchmark index.
IndusInd Bank & Hero Motocorp Exit
IndusInd Bank and Hero Motocorp will be removed from Nifty 50 in the same reshuffle, effective September-end.
FTSE All-World Additions
Stocks like MCX, Indian Overseas Bank, JK Cement, Hexaware Technologies, and Cholamandalam Financial Services will see action as they get included in the FTSE All World index rejig starting September 22.
Indian Hotels Expansion Plans
Indian Hotels Company Ltd (IHCL) plans strategic acquisitions to expand its footprint in India and enter key destinations in Europe and Southeast Asia, according to CEO Puneet Chhatwal.
Yes Bank Big Update
Yes Bank announced that the RBI has approved Sumitomo Mitsui Banking Corporation (SMBC) to acquire up to 24.99% stake and voting rights in the bank, boosting investor sentiment.
JSW Steel Demand Notice
JSW Steel has received a Rs.1,472.69 crore demand notice from the Odisha government over shortfall in despatches from its Jajang iron ore block in Keonjhar (June 2024–June 2025).
RailTel Bags New Contract
RailTel Corporation has secured a Rs.13 crore project management consultancy (PMC) contract from Rajasthan Skill & Livelihoods Development Corporation.
GMR Power & Infra Fundraising
GMR Power and Infra will raise up to ₹3,000 crore through securities (subject to approvals). The board has also cleared the re-appointment of three independent directors for another five years.
Brigade Enterprises New Lease
Brigade Enterprises has acquired a seven-acre plot on Chennai’s OMR to develop a mixed-use project with over 1 million sq. ft. of office space and a 225-room five-star hotel.
TVS Motor Board Update
TVS Motor has reappointed Venu Srinivasan as a Director on its board, reaffirming leadership stability.
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