By Aparna Deb,News18
Copyright news18
Stocks to Watch on September 19: Indian markets remained volatile on Thursday but managed to extend gains, keeping the overall trend positive. Analysts said the Nifty is now eyeing the 25,500 zone, which could trigger some profit booking or consolidation. However, the upbeat sentiment across sectors is likely to support the bullish tone.
Here are the stocks likely to be in focus today:
Adani Group
SEBI dismissed allegations of stock manipulation made by U.S. short-seller Hindenburg Research. The regulator said charges could not be established, ruling out any penalty or proceedings against Gautam Adani, Rajesh Adani, Adani Ports, and Adani Power.
Sumitomo Mitsui Banking Corporation (SMBC) has completed the purchase of a 20% stake in Yes Bank from SBI and other banks. Following the deal, Shinichiro Nishino and Rajeev Veeravalli Kannan have joined the lender’s board as non-executive, non-independent directors.
After muted FY25 results, JK Tyre expects double-digit growth this fiscal, aided by stronger tyre demand following higher auto sales and the recent GST rate cut.
Oil India has received $942 million in dividends from its Russian assets, recovering over 91% of its investment in Vankorneft and Taas Yuryakh. The company expects full recovery in the coming year, CMD Ranjit Rath said.
Biocon Biologics (BBL) announced that its Eylea biosimilar Yesafili is now publicly funded in Ontario, Canada, for treating retinal diseases. The funding covers both vial and prefilled syringe formats, improving access under the public insurance system.
The fintech firm confirmed a technical glitch between September 11–12 led to some failed transactions being marked as successful, resulting in unauthorized payouts to merchants in Haryana’s Nuh district. Some merchants and users exploited the issue for undue gain.
Vedanta has been declared the preferred bidder for the Punnam manganese block in Andhra Pradesh following the state’s e-auction process.
Texmaco Rail & Engineering
Texmaco Rail secured an order worth Rs 86.85 crore from Ultratech Cement for the supply of BCFC wagons and a brake van. Delivery is scheduled by March 2026.
Disclaimer: The views and investment tips by experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions.
