As markets are set to open on Monday, June 9, a host of stock-specific triggers across sectors from semiconductors to banking and infra, could influence investor sentiment.
Here’s a snapshot of the top stocks to keep an eye on:
1/10From legal drama in banking to mega orders in defence and education tech, June 9’s market movers are likely to offer a mixed but high-opportunity basket for investors and traders alike.
2/10Bharat Electronics shares could be in focus after it partnered with Tata Electronics for chip design, manufacturing, and packaging, the semiconductor and defence space are likely to see movement.
3/10L&T is set to make headlines after announcing a Rs 500 crore ESG bond issue, aligning with SEBI’s new norms. Proceeds will fund green, sustainable projects, potentially attracting ESG-conscious investors.
4/10As green investing gathers steam, ESG and defence-linked themes like BEL and L&T are expected to attract fresh institutional interest. Sectoral rotation may favour infra and electronics.
5/10Two PSUs, Hindustan Copper and RITES have joined hands to build a resilient, international mineral supply chain. We might see bullishness on both stocks amid rising focus on resource security.
6/10Infrastructure stock GHV Infra is likely to be on traders’ radar after bagging a Rs 546 crore order to upgrade Mumbai’s roads. The project has a 24-month timeline and adds visibility to future order flows.
7/10Shares of HDFC Bank may see pressure as its CEO faces serious legal allegations. The bank has denied the charges, terming them malicious and unrelated to its lending recovery process.
8/10RailTel is set to deliver student kits to government schools across Bihar by mid-August. The large-scale order from Bihar Education Project Council strengthens RailTel’s footprint in public digital infra.
9/10Mahindra & Mahindra reported stellar domestic numbers for May with 80,458 vehicles sold. However, a 27% decline in exports could temper overall sentiment on the counter.
10/10Asian Paints may come under pressure after Birla Opus alleged anti-competitive practices with the CCI. Any regulatory action could have implications on pricing power and market sentiment.