Stocks to watch: Tata Steel, TCS, NALCO among shares in focus today; check list here
Awaiting price reaction for this filing.
Indian benchmark indices saw a sharp selloff on Wednesday with the Sensex plunging 1,677 points (2.15 percent) and the Nifty dropping 516 points (2.12 percent) amid escalating US-Iran tensions and a surge in crude oil prices, though Gift Nifty indicates a positive opening on Thursday. Key stocks in focus include Tata Steel (Q1 FY27 crude steel production up 11 percent YoY to 5.82 million tonnes, deliveries up 9 percent), TCS (Q1 FY27 earnings scheduled for today), NALCO (joint venture with NLC India for a 1,080 MW captive thermal power plant at Angul, Odisha), SBI Funds Management (RHP filed, IPO to open July 14), and TVS Motor (strategic partnership with Indian Oil Corporation for LPG cylinder delivery). Other triggers include an automaker raising SUV prices by 2.7 percent and CV prices by 2 percent effective July 10, a renewable energy firm commissioning 1,081 MW of capacity, and a toll road operator reporting a 28 percent YoY rise in June toll collections to a record Rs 8.08 billion.