Stocks to Watch: Zydus Life, IndiGo, RIL Among 10 Shares in Focus Today

Stock Market Update: Benchmark Indices End Marginally Lower on Wednesday

The Indian stock market witnessed a subdued performance on Wednesday, May 27, as the benchmark indices Sensex and Nifty 50 ended marginally lower, marking their second straight session of losses. The Sensex declined by 142 points, or 0.19%, to close at 75,867.80, while the Nifty 50 slipped by 7 points, or 0.03%, to settle at 23,907.15.

Market Performance

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The Nifty 50's decline was mainly attributed to the weak performance of heavyweight stocks such as HDFC Bank and ICICI Bank. However, mid- and small-cap stocks continued to outperform, with the NSE cash market turnover rising by 6% compared to the previous session.

Stocks to Watch

Asian Paints, IndiGo, Glenmark Pharma, NMDC, and IREDA are likely to remain in focus on Friday as companies will declare their Q4 results today. Reliance Industries announced that its 49th Annual General Meeting will be held on Friday, June 19. Zydus Lifesciences has approved a revision in its ongoing buyback programme, raising the buyback price while reducing the number of equity shares to be repurchased.

Company Updates

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• Oil India has entered into a joint venture agreement with Hindustan Waste Treatment Private Ltd to develop bioenergy and sustainable waste management projects across India.
• Ashok Leyland posted record quarterly and annual revenue, profit, and commercial vehicle volumes for FY26, supported by robust domestic demand, export growth, a strong aftermarket business, and rising momentum in electric mobility.
• Godfrey Phillips India has entered into a contract manufacturing agreement with Polisetty Somasundaram Tobacco Products (India) Private for the production and supply of cigarettes and other tobacco products.
• Patanjali Foods has received a tax demand notice amounting to ₹1,352.9 crore for FY23.
• GMR Airports reported a net profit of ₹302.5 crore for the January–March quarter, against a loss of ₹237.6 crore in the corresponding period last year.
• PhysicsWallah reported a significant reduction in losses during the fourth quarter of FY26, driven by robust revenue growth and better operating leverage across both its online and offline segments.
• Bharat Dynamics (BDL) posted a standalone net profit of ₹113.18 crore for the January–March quarter of FY26, reflecting a 58.5% year-on-year decline compared to ₹272.77 crore reported in the same quarter last financial year.