Stocks to Watch Today: Kotak Mahindra Bank, Tata Motors PV, Oil India Among Key Movers
Indian stock market highlights for today: Sensex and Nifty start the session on a volatile note with key stocks like Kotak Mahindra Bank, Tata Motors JLR, Oil India, Lupin, Glenmark Pharma, and Inox Wind in focus following major corporate updates and quarterly results.
Investors monitor market movements as Sensex and Nifty open mixed, with major stocks like Kotak Mahindra Bank, Tata Motors, Oil India and Lupin in focus during today’s trading session.
It looks like an active trading session for the Indian stock market today, as several major companies are under the spotlight after a tumultuous but positive closing last Friday, November 14. The Sensex bounced back strongly from the depths of the day—recovering over 500 points—to close 84 points up at 84,562.78, while the Nifty 50 added 31 points to end at 25,910.05. The sectoral trends were mixed with pharma, FMCG, and financials taking the lead in the rally while IT, metals, and autos were the laggards.
According to the analysts, the volatility in the markets scenario could continue due to the impact of global market weakness and sharp corrections in the U. S. equities. But the domestic inflation subsiding and the strength of the demand indicators are helping to reduce the downside risks.
Key Stocks to Watch Today
Kotak Mahindra Bank
The bank’s board will meet on November 21 to consider a stock split—its first in 15 years—making the stock a major point of interest for investors.
Tata Motors PV (Jaguar Land Rover)
JLR has slashed its full-year EBIT margin guidance to 0–2% from 5–7% and expects a free cash outflow of £2.2–2.5 billion, putting the stock under pressure.
Maruti Suzuki
The automaker has announced a recall of 39,506 units of the Grand Vitara manufactured between December 9, 2024, and April 29, 2025, due to a faulty speedometer that may misread fuel levels.
Lupin
The US FDA has completed a product-specific Pre-Approval Inspection at Lupin’s Nagpur Unit-1 facility, making the stock one to track for regulatory updates.
Oil India
Oil India reported robust Q2 numbers, with net profit rising 28% sequentially to ₹1,044 crore and revenue increasing 8.9% to ₹5,456 crore.
Glenmark Pharma
Glenmark posted a strong quarter with a 72% jump in adjusted profit, driven by a recovery in North America and Europe.
Websol Energy System
Through its subsidiary, Websol Renewables, the company has signed an MoU with APEDB to set up a 4 GW solar cell and module manufacturing plant in Andhra Pradesh.
Karnataka Bank
The bank has appointed Raghavendra S. Bhat as its new MD & CEO, effective November 16, for a one-year term.
ideaForge Technology
The drone-tech company secured defence contracts worth over ₹100 crore, including significant orders for its ZOLT tactical UAV and SWITCH V2 Hybrid.
Inox Wind
The renewable energy company posted its best-ever Q2 performance, with revenue rising 56% to ₹1,162 crore and EBITDA up 48% to ₹271 crore.
