Stocks to Watch Today, 20th June 2025: Nestle India, HDFC Bank and more
As Indian equity markets open for trading on Friday, June 20, investor focus is going to be stock-specific, with a number of companies hogging the limelight on the back of corporate actions, block deals, and strategic moves.
Indian Markets Hold Steady Amid Geopolitical Tensions and Declining Crude Prices
The perceived stability of Indian financial markets is currently shaped by a mix of external and domestic indicators, with geopolitical stress and technical boundaries defining near-term investor sentiment.
Escalating hostilities between Israel and Iran remain a central concern, fuelling global uncertainty and keeping investors risk-averse. While intermittent signals of de-escalation offer marginal relief, the overall backdrop continues to exert downward pressure on sentiment.
A sustained downtrend in crude oil has emerged as a positive counterforce. Brent crude has eased towards the $77 per barrel mark, providing much-needed relief for energy-importing economies like India and alleviating inflationary concerns.
The India VIX, a key gauge of market volatility, has extended its decline for the fourth consecutive session. It closed at 14.26, remaining below crucial moving averages. This sustained downtrend suggests easing anxiety among market participants, offering some comfort to bulls.
The Nifty Put-Call Ratio (PCR) surged to 1.03 from 0.80 in the previous session. A rising PCR particularly above 0.7 or 1 typically reflects a bullish undertone in the derivatives market, as traders are seen writing more Put options in anticipation of market support.
Nifty remains locked in a narrow consolidation band, signalling an equilibrium between bullish and bearish forces. Key technical levels to watch include support at 24,700 and resistance at 25,000. A definitive breakout beyond the broader 24,600–25,000 range would be required for directional conviction.
The GIFT Nifty was up 0.04% at 24,797 in early trade, hinting at a green opening for the benchmark indices.
Here are the key stocks to watch on June 20, 2025:
Stocks to Watch Today:
Nestle India shares can witness increased activity following the company's notice to exchanges of a board meeting on June 28 to decide on a possible bonus share issue. The proposal, if cleared, may be a strategic step to reward shareholders with a consistent earnings record and rising investor appetite in FMCG majors.
HDFC Bank has picked up a 4.75% holding in HDFC Education and Development Services Ltd (HEDSL) at a cost of ₹10.49 crore. The deal enhances the diversification drive of the bank, which represents wider synergies in the HDFC Group after the merger of HDFC Ltd with HDFC Bank last year.
Biocon shares are expected to respond to the company's announcement of selling a 0.91% stake in its contract research business, Syngene International Ltd, for around ₹313 crore. The sell-off is in line with Biocon's capital deployment strategy and can help cut consolidated debt.
Industrial process equipment maker GMM Pfaudler could be in the limelight after promoter group entity Millars Machinery picked up a 5.3% stake in the firm through open market transactions, which shows ongoing promoter faith.
Sai Life Sciences might witness investor attention after it was reported that BNP Paribas Arbitrage has struck a 1.34% stake in the firm through a bulk deal. The deal shows institutional faith in the firm's contract research and manufacturing (CRAMS) skills.
Axiscades Technologies has been a witness to increased buying by its promoter group. Jupiter Capital Pvt Ltd and Axis Mechanical Engineering Company collectively purchased a 1.54% stake in the firm. The strategic acquisition is an indicator of increasing promoter belief in the future prospects of the firm in defence and engineering services.
ITD Cementation has bagged a ₹1,001 crore contract from Bangalore Metro Rail Corporation Ltd (BMRCL) for developing an underground section of Phase-2A of the Namma Metro. This order will add strength to its order book and also strengthen its urban infrastructure development presence.
Oswal Pumps Ltd will make its debut on the NSE SME platform today. Oswal Pumps has raised ₹46.36 crore through its initial public offering (IPO), which was subscribed more than 156 times, reflecting strong investor demand. The listing performance will be keenly observed.
Kaynes Technology has said that its subsidiary, Kaynes Semicon, has received a Letter of Intent (LoI) amounting to ₹2,900 crore from an international semiconductor firm. The move can prove to be a big push for Kaynes' plans for the semiconductor ecosystem, especially amid the Indian government's initiative towards indigenous chip manufacturing.
Natco Pharma has introduced a generic Pomalyst (Pomalidomide) capsules in the U.S. market, which is applied in the treatment of multiple myeloma. This will contribute to its North America revenue and speaks volumes about its relentless pursuit of complex generics.
India's Container Corporation of India (Concor) has executed an MoU with NTPC Green Energy Ltd to discuss green energy solutions, such as solar-based and hydrogen-based logistics service operations. The collaboration is in line with both entities' decarbonisation ambitions and could be seen as a positive from an ESG perspective.
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