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Stocks To Watch Today In Indian Stock Market: Wipro, HDFC Bank, Power Grid, DOMS Industries And More

Stocks To Watch Today In Indian Stock Market: Wipro, HDFC Bank, Power Grid, DOMS Industries And More

Stocks To Watch Today, 17 June: Indian markets are expected to start the day on a slightly cautious note this Wednesday, as global signals stay mixed.

Gift Nifty is hinting at a quiet opening, with futures at 24,023, up just 22 points-suggesting no strong directional push at the start. Across Asia, sentiment is a bit weak. South Korea's Kospi is leading the decline, while Japan's Nikkei and Australia's ASX 200 are also slightly lower. Investors are staying careful ahead of the US Federal Reserve's interest rate decision later today, which could set the tone for global markets. In the US, it was a split story overnight. Tech stocks dragged the Nasdaq and S&P 500 lower, but the Dow Jones managed to touch another record high-showing that not all sectors are moving in the same direction. Interestingly, SpaceX also surged to become the fifth-most valuable US company. Overall, it's a "wait-and-watch" kind of day for traders, with key global cues still unfolding.

Stocks To Watch Today On 17 June, 2026

IT / TECHNOLOGY

  • Wipro has set up an Applied AI Centre of Excellence for Claude models powered by Anthropic under its AI-Native Business & Platforms Unit, aiming to accelerate enterprise AI adoption across global clients and improve digital transformation capabilities.
  • Sonata Software saw institutional buying as Polunin Emerging Markets Small Cap Fund acquired 19.2 lakh shares worth ₹56.7 crore at ₹295.12, indicating continued investor interest in mid-cap IT services growth potential.

BANKING & FINANCIAL SERVICES

  • HDFC Bank's GIFT City IFSC unit raised $750 million through senior unsecured bonds, strengthening its offshore funding base and improving liquidity diversification for future international lending and expansion plans.
  • Bank of Maharashtra revised MCLR rates upward for 6-month and 1-year tenors, indicating a slight increase in lending rates, while short-term rates remain unchanged, impacting loan pricing across segments.
  • Krishna Institute of Medical Sciences launched a Qualified Institutional Placement at a floor price of ₹771.73 per share to raise capital for expansion, debt reduction, and strengthening healthcare infrastructure.

INFRASTRUCTURE & ENERGY

  • Power Grid Corporation of India won an interstate transmission project under the BOOT model through tariff-based competitive bidding, strengthening its long-term revenue visibility in power transmission infrastructure.
  • NHPC signed a Memorandum of Agreement with the Government of Arunachal Pradesh for a 3,097 MW Etalin hydroelectric project, significantly expanding its renewable hydro capacity pipeline.

INDUSTRIALS / DEFENCE

  • Bharat Forge subsidiary KSSL unveiled the Simha 4×4 light armoured multi-purpose vehicle at Eurosatory 2026, boosting its defence manufacturing capabilities and strengthening export and global defence mobility prospects.

REAL ESTATE / HOSPITALITY

  • Samhi Hotels received a stamp duty and penalty order worth ₹46.28 lakh from GNCTD linked to share issuance, creating a minor regulatory and financial compliance overhang for the company.
  • Brigade Enterprises trades ex-date for its bonus issue, which may improve liquidity and retail participation, while long-term performance depends on real estate demand and execution strength.
  • Nila Infrastructures saw a 0.5% stake purchase by Care Wealth Advisors via open market transactions, indicating selective investor interest in small-cap infrastructure exposure.

CONSUMER / LIFESTYLE

  • DOMS Industries may see up to 7% stake sale by promoter FILA via block deal at ₹2,100 per share worth ₹892 crore, potentially increasing liquidity and causing short-term price volatility.
  • Sula Vineyards faced regulatory setback as GST appellate authority rejected its appeal and upheld tax liability, creating short-term earnings uncertainty despite steady premium consumption demand.

BULK & BLOCK DEALS / INFLOWS

  • Renaissance Global saw MIT acquire a 1.5% stake worth ₹17.47 crore, indicating foreign institutional participation and confidence in jewellery export and global branding business prospects.
  • Altius Telecom Infrastructure Trust witnessed a large ₹2,754 crore block deal involving 5.47% stake sale to multiple institutional investors, reflecting strong demand for infrastructure yield assets.
  • Nxt-Infra Trust saw units worth ₹49.95 crore acquired by Nuvama Wealth Finance from Larsen & Toubro, highlighting ongoing institutional activity in infrastructure investment trusts.

CORPORATE ACTIONS / DERIVATIVES

  • Cyient trades ex-date for a buyback, which may support short-term sentiment due to expected capital return and potential demand from investors seeking buyback-driven price support.
  • Kaynes Technology remains under F&O ban due to position limits, restricting derivative trading activity and potentially increasing volatility in cash market movements.

(With Inputs)

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