Indian Shares in Focus: Canara Bank, Indian Hotels, MCX, and Swiggy Among Key Watchlist Stocks

Indian Stock Market Posts Second Straight Loss

The Indian stock market closed in the red on Friday, marking its second straight session of losses, amid selling pressure in heavyweight index stocks. The Sensex, India's benchmark stock index, declined 516.33 points, or 0.66%, to end at 77,328.19, while the Nifty 50, another key index, fell 150.50 points, or 0.62%, to settle at 24,176.15.

However, the market is likely to continue its losing streak as trends in the Gift Nifty index signalled a negative opening on Monday. The Gift Nifty index was trading near the 24,092 mark, down over 142 points from the previous close of Nifty futures.

On the domestic front, institutional flows, rupee movement, and sectoral participation, particularly within banking and energy-linked stocks, are expected to remain key drivers of market direction. While selective domestic buying is offering some support to benchmark indices, foreign institutional investor (FII) activity will be closely monitored amid continued selling pressure in recent sessions.

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Market sentiment remains highly news-driven and volatile, with geopolitical developments, crude oil trends, and institutional flow dynamics likely to dictate the near-term trajectory.

Stocks to Watch

As the market is pointing towards a negative start, some stocks are likely to remain in focus on Monday due to their own positive/negative triggers. The following table highlights the top 10 stocks that will remain in focus on Monday:

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These stocks will remain in focus on Monday as companies will report Q4 results, with some notable performances including Swiggy's reduced losses and Multi Commodity Exchange's sharp 291% year-on-year jump in net profit.