Stocks to Watch: M&M, L&T, Adani Green Energy Among Top 10 Shares in Focus Today
Indian Stock Market Expected to Open in Red on Monday, April 13
The Indian stock market is likely to open in a negative note on Monday, April 13, tracking weak global market sentiments as investors assess the impact of a US naval blockade on Iran's ports, following failed negotiations between Washington and Tehran to resolve the Middle East conflict. The Nifty index is expected to hover around the 23,751 mark, nearly 340 points below the previous close of Nifty futures.
The weak start is largely driven by deteriorating global sentiment following fresh geopolitical escalation in the Middle East. The failure of US-Iran negotiations over the weekend has heightened concerns of a prolonged conflict, further intensified by reports of a US naval blockade on Iranian ports. The Gift Nifty trends also point to a subdued start for domestic equities, with a gap-down opening near the 23,700 zone.
Market Performance on Friday, April 10
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
On Friday, the Indian stock market closed sharply higher, with both benchmark indices advancing over 1% amid optimism surrounding US-Iran war talks. The Sensex surged 919 points, or 1.20%, to finish at 77,550.25, while the Nifty 50 climbed 276 points, or 1.16%, to end the session at 24,050.60.
Stocks to Watch on Monday, April 13
| Stock Name | Sector | Key Development |
|---|---|---|
| Mahindra & Mahindra | Automobile | Reported stronger production and sales figures for March 2026, driven by utility vehicles, while exports displayed mixed trends across segments. |
| Muthoot Finance | Non-Banking Finance Company (NBFC) | Announced an interim dividend of ₹30 per equity share (300%) for FY2025–26. |
| Adani Green Energy | Renewable Energy | Operational capacity grew 35% year-on-year to 19.3 GW in FY26, following the addition of 5.1 GW of new greenfield capacity during the year. |
| Larsen & Toubro | Engineering and Construction | Signed a share purchase and shareholders’ agreement to acquire a 100% stake in International Green Scapes. |
| Swiggy | Food Delivery | Co-founder Nandan Reddy has resigned from the board to focus on independent ventures. |
| Lupin | Pharmaceuticals | Introduced Dapagliflozin tablets (5 mg and 10 mg) in the United States after receiving approval for its Abbreviated New Drug Application from the US FDA. |
| AstraZeneca | Pharmaceuticals | Granted approval by the Central Drugs Standard Control Organisation to import, market, and distribute Acalabrutinib tablets (100 mg). |
| Enviro Infra Engineers | Infrastructure | Secured two projects valued at ₹972.2 crore from the Swachh Maharashtra Mission Directorate. |
| General Insurance Corporation of India | Insurance | Received a demand notice under Section 156 of the Income Tax Act, 1961 from the Income Tax Department’s Assessment Unit for the Assessment Year 2023–24, involving a sum of ₹350.47 crore. |
| Torrent Pharma | Pharmaceuticals | The US Food and Drug Administration (USFDA) conducted an inspection of its oncology facility in Bileshwarpura, Gujarat, between April 6 and April 10. |
Investor Takeaway
Investors should be cautious and monitor global market sentiments before making any investment decisions.
More in Market
Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Indian Stocks to Watch: BHEL, Agarwal Industrial, JBM Auto, Rajesh Exports, Indian Energy Exchange, Lenskart Solutions in Market Focus on June 4.
