Stocks To Watch On 11 June: Weak Bias as Geopolitics Weighs on Sentiment. Global financial markets kicked off the day on a cautious footing, with GIFT Nifty hinting at a softer opening, sliding 81 points (-0.35%) to 23,060. It suggests investors are still hesitating after the Nifty finished the prior session slightly lower, down 27.15 points (-0.12%) to close at 23,214.95. Overall, the setup reflects a broad range-bound trend, with markets largely in a wait-and-watch mode and no clear rush in either direction.

In Asia-Pacific, trading remained mixed as investors reacted to fresh geopolitical tensions in West Asia. South Korea's Kospi drifted down 0.55%, while Japan's Nikkei also eased 0.27%. On the other hand, Hong Kong's Hang Seng managed a small rise of 0.2%, which stood out against the otherwise subdued regional tone.

Overnight, US markets carried a sharper risk-off sentiment, with the Dow Jones falling 1.87%, the S&P 500 slipping 1.62%, and the Nasdaq dropping 1.98%. The tech-heavy segment came under particular pressure. Meanwhile, crude oil moved higher, with Brent edging toward $95.40 and WTI hovering around $92.63, as concerns over supply routes through the Strait of Hormuz added fresh volatility and kept global nerves elevated.

Stocks To Watch Today,11 June

Banking & Financials

• REC Ltd & PFC: Government has approved merger of REC into PFC, consolidating power financing ecosystem and improving operational efficiency long-term.
• Canara Bank & Bank of Baroda: Both banks revised MCLR rates across tenors, reflecting changing funding costs effective June 12, 2026.
• Central Bank of India: Increased deposit rates by up to 253 bps, aiming to attract stronger retail deposits amid competitive liquidity conditions.
• Punjab National Bank: Revised FCNR(B) rates up to 6.10% and targets $2.5 billion mobilisation through improved foreign currency deposits.
• Nuvama Wealth Management: Received SEBI approval to launch mutual fund business, marking a strategic expansion into asset management space.
• Meesho: Fidelity arm offloaded 1.31% stake worth about ₹988 crore, indicating profit booking and institutional portfolio reshuffling.

Telecom & Digital

• Bharti Airtel: Added over 2,900 new 5G sites across North India, strengthening network coverage and improving high-speed connectivity reach significantly.
• ZEEL (Zee Entertainment): Board plans to raise at least ₹2,300 crore for business expansion, content investments, and strengthening balance sheet flexibility.

Infrastructure & Industrial

• Vascon Engineers: Secured ₹347.43 crore LOI from CPWD for redevelopment of RBI quarters in Guwahati, boosting order book visibility significantly.
• Power Grid Corporation of India: Approved ₹485.04 crore SCADA system upgrade, enhancing grid automation, reliability, and operational monitoring capabilities nationwide.
• RVNL / Infra pack: Infrastructure-related stocks expected to remain volatile due to ongoing project announcements, execution updates, and order flow triggers.
• UltraTech Cement: Acquired 13.99% stake in FPEL Services, strengthening strategic positioning in energy-linked infrastructure and sustainability-focused investments portfolio.
• Grasim / Infra-linked stocks: Remain in focus due to broader infrastructure push, policy support, and sustained capital expenditure momentum.

Metals, Mining & Commodities

• Deccan Gold Mines: Signed agreement for tungsten project in Spain, targeting 51% stake acquisition and international resource expansion strategy.
• Rajesh Exports: Under SEBI scrutiny over alleged financial irregularities, but has committed full cooperation with ongoing forensic audit process.

Consumer & FMCG

• Tata Consumer Products: Management focuses on volume-driven growth strategy with selective pricing actions, aiming for EBITDA margins above 20% long-term.