The stock market is currently navigating through a turbulent phase, largely influenced by escalating tensions from a global trade conflict initiated by former US President Donald Trump. Investors may be wondering which stocks to keep an eye on as they prepare for Friday’s trading session. Below, we present the latest updates on noteworthy stocks that are making headlines, ensuring you stay informed on essential market movements.
Stock Market Overview
On Wednesday, the NSE Nifty 50 recorded a decline of 137 points, settling at 22,399, while the BSE Sensex slipped by 380 points, closing at 73,847. This drop reflects the ongoing uncertainty in the market, prompting traders to adjust their strategies.
Key Stocks to Monitor on April 11, 2025
TCS
Tata Consultancy Services (TCS) continues to be a significant player in the tech sector, with developments anticipated in their strategic initiatives and market performance.
NBCC
In a noteworthy move, NBCC recently auctioned 1,185 residential units at Aspire Dream Valley in Greater Noida West, amassing nearly ₹1,505 crore. The auction drew bids well above the reserve price. According to the company, this funding will assist in meeting financial obligations for ongoing projects, including servicing bank loans. Notably, Dream Valley is under the supervision of the Supreme Court.
Bharti Hexacom
Bharti Hexacom has decided to pause its infrastructure sale to Indus Towers. The public sector entity, Telecommunications Consultants India Limited (TCIL), a major stakeholder in Bharti Hexacom, has requested a new process to align with its requirements as a public sector undertaker, as indicated in a recent regulatory filing.
Infosys
On Wednesday, Infosys announced the extension of its longstanding strategic partnership with Allied Irish Banks (AIB). This expanded collaboration builds on a decade of mutual growth and innovation, highlighting both companies’ commitment to enhancing their operational synergy.
Tata Steel
In a significant restructuring effort, Tata Steel Netherlands is set to reduce its workforce by approximately 1,600 positions in management and support roles. This decision is part of a comprehensive transformation strategy aimed at increasing operational efficiency and shifting towards sustainable steel production. The company has initiated discussions with its Central Works Council and trade unions regarding this reorganization.
BHEL
Bharat Heavy Electricals Limited (BHEL) has signed a strategic Memorandum of Understanding (MoU) with Nuovo Pignone International s.r.l., based in Italy. This agreement, established on April 9, 2025, will last for ten years and focuses on compressor revamp opportunities within India’s fertilizer sector. Under the terms, BHEL will lead bidding for compressor train projects, while Nuovo Pignone will act as the designated vendor.
Coromandel International
In a move to strengthen agricultural supply chains, Coromandel International has partnered with Ma’aden, Saudi Arabia’s state-owned enterprise, to ensure a consistent supply of Di-Ammonium Phosphate (DAP) and NPK fertilizers to the Indian market. This collaboration is expected to enhance fertilizer availability for Indian farmers.
Sun Pharma
Sun Pharmaceutical Industries has received a positive ruling from the US Court of Appeals for the Federal Circuit, which has lifted a preliminary injunction, allowing for the immediate launch of Leqselvi in the United States. While litigation with Incyte Corporation remains ongoing, the removal of the injunction is a significant step forward for Sun Pharma, as stated in their recent announcement.
Staying Updated
As the market continues to react to global events, keeping an eye on these stocks will help you navigate the complexities of trading. For further insights and updates, consider exploring additional resources on market analysis and investment strategies.
