Top stocks to watch today, June 9: Bharat Electronics, Infosys, NTPC, RITES, Garden Reach, NHPC and more
Benchmark indices closed sharply higher on Friday, with the BSE Sensex jumping 746.95 points and the NSE Nifty reclaiming the 25,000-mark. The rally came after the Reserve Bank of India (RBI) announced a higher-than-expected 50 basis points interest rate cut—its third consecutive reduction—and lowered the cash reserve ratio (CRR), aiming to infuse liquidity and support growth amid global uncertainties.
As markets open on June 9, several stocks are expected to remain in focus due to recent announcements and developments. Here's a list of key stocks to watch: Key Stocks to Watch Bharat Electronics Ltd (BEL): Signed a memorandum of understanding with Tata Electronics to explore collaboration opportunities in the semiconductor space.
Infosys: Received closure from the Directorate General of GST Intelligence on a pre-show cause notice amounting to ₹32,403 crore.
NTPC: Declared 193 MW of the 245 MW capacity at its Nokh Solar Project as commercially operational.
Power Grid Corporation: Commissioned a fibre optic communication system in the Western region.
UPL: Its subsidiary Advanta Seeds Brazil will sell the assets of associate company Serra Bonita for $125 million.
Multi Commodity Exchange (MCX): Received SEBI approval to launch electricity derivatives.
Mahanagar Gas Ltd (MGL): Stated preference for volume over margin, projects 10%+ volume CAGR over the next 2–3 years.
NHPC: Completed Phase 3 of its 300 MW solar project, adding 53.6 MW capacity.
RITES: Entered into an MoU with Hindustan Copper for critical mineral supply chain initiatives in India and overseas.
Garden Reach Shipbuilders: Signed MoUs in Sweden and Denmark focusing on marine systems and the cruise segment.
Afcons Infrastructure: Received a letter of award worth ₹700 crore from Reliance Industries.
RailTel: Secured orders totalling ₹258 crore.
PNC Infratech: Received a letter of intent for an EPC project worth ₹240 crore from Rajasthan PWD.
SPML Infra: Maharashtra government allotted 99,000 sq. m. of land for a battery energy storage systems manufacturing unit.
Lupin: Received tentative approval from the US FDA for Oxcarbazepine ER tablets used to control seizures.
Asian Paints: The Competition Commission of India (CCI) is expected to issue an order soon in an abuse of dominance probe following a complaint by Birla Opus.
Suzlon Energy: Promoters may sell up to 20 crore shares via block deals at a 2.9% discount to the current market price.
Ambuja Cements & Nuvoco Vistas: The West Bengal government has revoked an earlier incentive scheme.
Dalmia Bharat & Star Cement: Also affected by the West Bengal government's withdrawal of incentive schemes.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Bharat ElectronicsGarden ReachInfosysNHPCNTPCRITESStock Market
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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