As markets look to sustain their momentum on June 10, driven by both domestic confidence and global optimism, investors will be watching several key stocks closely due to corporate developments, leadership changes, and major transactions. Here's a snapshot of the most noteworthy stocks to track:
🔍 Stocks to Watch on June 10, 2025
✅ Protean eGov Technologies
-
Why in focus: Secured a ₹100 crore work order from Bima Sugam India Federation (BSIF).
-
What to watch: Positive traction likely, as this project positions Protean as a major player in digital insurance infrastructure.
🔄 Wipro
-
Why in focus: Block deal involving 20.23 crore shares (₹5,057 crore) sold by Azim Premji Trust.
-
What to watch: Short-term price volatility expected; may test immediate support levels depending on institutional interest post-sale.
🟡 Premier Energies
-
Why in focus: South Asia Growth Fund II plans to offload 2.5 crore shares (~5.5% stake).
-
Floor price: ₹1,051.50 per share.
-
What to watch: Block deal pricing could create selling pressure; watch for any large-volume institutional absorption.
⚖️ Motilal Oswal Financial Services (MOFSL)
-
Why in focus: SEBI fine of ₹3 lakh over unspecified regulatory breach.
-
What to watch: Likely minor impact, but could cause sentiment-driven dips depending on further disclosures.
🇺🇸 Tech Mahindra
-
Why in focus: Lakshmanan Chidambaram, President for Americas, to retire on June 30.
-
What to watch: Could raise concerns over continuity in US strategy, Tech Mahindra’s key market.
💰 Capri Global Capital
-
Why in focus: Opened QIP issue with a floor price of ₹153.93; potential raise of up to ₹2,000 crore.
-
What to watch: Stock could see demand-driven buying if QIP gets strong institutional participation.
🏦 Jana Small Finance Bank
-
Why in focus: Applied to RBI for conversion into a universal bank.
-
What to watch: If approved, would mark a milestone in growth and service expansion; medium-term re-rating possible.
🏢 Oberoi Realty
-
Why in focus: CEO of Commercial Real Estate, Pankaj Gupta, resigned effective June 9.
-
What to watch: Absence of a named replacement may prompt short-term caution among investors.
💊 AstraZeneca Pharma India
-
Why in focus: MD Sanjeev Kumar Panchal resigned; last working day June 30.
-
What to watch: Await clarity on succession plans; transition period may lead to stock consolidation.
🚘 Force Motors
-
Why in focus: CFO Sanjay Kumar Bohra resigned; Rishi Luharuka appointed as new CFO from June 10.
-
What to watch: Market will look for strategic shifts in financial operations under the new CFO.
📊 Market Sentiment Overview:
-
Broader sentiment remains positive, supported by:
-
Global cues (US-China trade talks)
-
Institutional buying (₹1,993 crore by FPIs, ₹3,504 crore by DIIs on Monday)
-
Bullish technicals for Nifty and Sensex
-
