The Indian stock markets closed Friday on a strong note, breaking their recent losing streak. The BSE Sensex surged 1,046 points to close at 82,408, while the NSE Nifty50 jumped 319 points to settle at 25,112. Both indices gained 1.29% as investors moved across sectors.
However, rising global tensions could weigh on market sentiment this week. Reports say the US bombed a nuclear site in Iran, raising fears of more conflict in the Middle East. Meanwhile, several big companies shared key updates on their stock performance in the share market.
Top stocks to watch today
Tata Motors
Tata Motors plans to expand its EV portfolio and may merge its EV arm with its main passenger vehicles business. In the mid to long term, it aims to reclaim 50% of the EV market share.
Tata Consultancy Services (TCS)
TCS announced the launch of two new delivery centers in Germany and an engineering hub in Romania. These centers will focus on software-vehicles (SDVs), helping global automobile clients drive digital transformation.
Make My Trip
Make My Trip has raised $3.1 billion through a combination of equity and debt. According to Morgan Stanley, this is the largest fundraising by a listed Indian tech company, beating Paytm’s Rs. 2.4 billion IPO in 2021.
Waaree Renewable Technologies
Waaree Renewable Technologies received a fresh order worth Rs. 246.92 crore for a solar power project. The project has a capacity of 2012.47 MWp. With this, the total order value under the contract now stands at Rs. 1,480.40 crore.
Bharat Electronics (BEL)
BEL secured fresh orders worth Rs 585 crore, including jammers, missile systems, communication equipment, and support services since June 5.
NLC India
NLC India Renewables has won a new contract from Tamil Nadu Green Energy Corporation. It will set up battery energy storage projects with a total capacity of 250 MW/500 MWh. The projects will be built under the Build-Own-Operate model with government support.
