Stocks to Watch Today: Analysts Flag Dr Reddy’s, IndusInd Bank and Bandhan Bank for 23 July 2026
- July 23, 2026
- Posted by: Ankit Jaiswal
- Category: News
Stocks to watch today: Nifty 50 closed at 23,996.25 on 22 July, down 0.79 percent, its third straight losing session. Support at 23,800, resistance at 24,200.
The stocks to watch today list is dominated by names still working through their Q1 FY27 results reaction, after the Nifty 50 closed Wednesday’s session at 23,996.25, down 191.45 points or 0.79 percent, slipping below the psychological 24,000 mark for a third consecutive losing session. The Sensex fell in tandem, down 715.06 points or 0.92 percent to settle at 76,755.05.
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Univest’s research desk, led by Senior Research Analyst Ankit Jaiswal and Associate Director Kunal Singla, has flagged a shortlist for today’s stocks to watch today as trading gets underway, with continued FII selling, firm crude oil prices and a still unfolding earnings season all shaping the tone for the session.
What Are Stocks to Watch Today?
Stocks to watch today typically refers to companies likely to see outsized trading activity in a given session, whether due to quarterly results, corporate actions, brokerage rating changes, or broader sector news. Tracking the stocks to watch today list helps traders and investors anticipate where volume and volatility are likely to concentrate before the opening bell, rather than reacting only after a stock has already made its move.
Today’s Market Overview
Before turning to the specific stocks to watch today shortlist, here is a snapshot of the levels and triggers shaping Thursday’s session.
| Metric | Value |
|---|---|
| Nifty 50 (22 July Close) | 23,996.25, down 0.79 percent |
| Sensex (22 July Close) | 76,755.05, down 0.92 percent |
| Nifty Support / Resistance | 23,800 / 24,200 |
| Bank Nifty Range | Consolidating between 56,500 and 58,700 |
| Key Triggers | FII selling, Brent crude near 5-week high (~$95/bbl), weak rupee, Q1 FY27 earnings |
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Dr Reddy’s Laboratories: Stock to Watch Today
Previous Close: Rs 1,182.80 | Sector: Pharmaceuticals
Dr Reddy’s Laboratories tops today’s stocks to watch today shortlist given the scale of Wednesday’s miss.
Dr Reddy’s Laboratories reported a sharp Q1 FY27 profit miss in Wednesday’s results, with net profit falling 68.7 percent year on year against street estimates of around Rs 737 crore. Ankit Jaiswal has flagged the stock for close monitoring today, noting that the miss was driven by intensifying US generics pricing and competitive pressure, compounded by a disclosed out-of-specification issue on 9 July affecting semaglutide API supply.
With the stock still digesting Wednesday’s results reaction, Ankit Jaiswal suggests watching how the counter behaves around its recent trading range today, since sharp results-driven moves often see a second wave of repositioning in the one to two sessions that follow the initial reaction.
Download the Univest iOS App or Univest Android App to track Dr Reddy’s Laboratories share price and live results updates.
IndusInd Bank: Stock to Watch Today
Previous Close: Rs 1,069.30 | Sector: Private Banking
IndusInd Bank features on the stocks to watch today list for its wide intraday range in the prior session.
IndusInd Bank also reported its Q1 FY27 results on Wednesday, and Kunal Singla has placed the stock on today’s watchlist given the private lender’s ongoing scrutiny around asset quality and provisioning trends. The stock’s wide intraday range in Wednesday’s session pointed to active two way positioning as the market weighed the results against recent concerns for the bank.
Kunal Singla notes that continued volatility in IndusInd Bank shares today would be consistent with a stock still finding its footing after results, and suggests watching volume trends for confirmation of whether the stock is stabilising or extending its recent range.
Download the Univest iOS App or Univest Android App to track IndusInd Bank share price and asset quality updates.
Bandhan Bank: Stock to Watch Today
Previous Close: Rs 173.50 | Sector: Private Banking
Bandhan Bank rounds out today’s stocks to watch today list after its guidance driven plunge on Wednesday.
Bandhan Bank remains firmly on the watchlist after plunging more than 15 percent in Wednesday’s session, even though the bank reported a 35 percent year on year rise in net profit to Rs 502 crore. Ankit Jaiswal points out that the sharp fall was driven not by the profit number itself but by management’s decision to lower full year return on assets guidance to a range of 1.0 to 1.4 percent, down from an earlier 1.6 to 1.8 percent target.
Given the scale of Wednesday’s decline relative to the underlying profit growth, Kunal Singla flags Bandhan Bank as a name to watch for signs of stabilisation today, since stocks that fall sharply on guidance cuts rather than results misses can sometimes see a more prolonged adjustment period before finding a stable trading range.
Download the Univest iOS App or Univest Android App to track Bandhan Bank share price and guidance updates.
Stocks to Watch Today: Trading Strategy Considerations
Traders following the stocks to watch today list should factor in the broader index backdrop, since the Nifty 50 has now closed lower for three straight sessions and remains below its 24,000 psychological level heading into today’s trade.
A decisive move below Wednesday’s Nifty low of 23,961 could open the door toward the 23,800 support zone flagged by Bajaj Broking Research, while a recovery back above 24,200 would ease some of the near term technical pressure building across the index.
Position sizing matters more than usual around results-reaction stocks such as those on today’s watchlist, since names coming off sharp single day moves, whether up or down, can continue to see elevated volatility for several sessions as the market fully digests new information.
Stop loss discipline and avoiding oversized bets on any single results-driven stock remain sound practices regardless of how convincing the initial reaction looks.
Risks to Watch
Continued FII selling remains a key overhang for the broader market, and any acceleration in outflows could pressure even fundamentally sound names on today’s stocks to watch today list.
Crude oil prices near a five week high add cost pressure risk for import-sensitive sectors and could weigh on the rupee further if sustained.
The ongoing Q1 FY27 earnings season means additional companies could report surprises, positive or negative, that shift sector sentiment intraday.
Conclusion
The stocks to watch today list for 23 July 2026, as flagged by Ankit Jaiswal and Kunal Singla, centres on Dr Reddy’s Laboratories, IndusInd Bank and Bandhan Bank, all still working through their Q1 FY27 results reactions against a broader market backdrop of three consecutive losing sessions for the Nifty 50. With the index holding just below the 24,000 mark and FII selling continuing, stock specific catalysts are likely to matter more than index direction alone in today’s session. Traders revisiting the stocks to watch today list through the session should watch for volume confirmation before acting on any single name.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What are the stocks to watch today, 23 July 2026?
Ans. The stocks to watch today, as flagged by Univest analysts Ankit Jaiswal and Kunal Singla, are Dr Reddy’s Laboratories, IndusInd Bank and Bandhan Bank, all continuing to react to their Q1 FY27 results.
Why are Ankit Jaiswal and Kunal Singla flagging Dr Reddy’s Laboratories on today’s stocks to watch today list?
Ans. Ankit Jaiswal has flagged Dr Reddy’s Laboratories after the company reported a 68.7 percent year on year profit miss in its Q1 FY27 results, driven by US generics pricing pressure and a semaglutide API supply issue.
Why is Bandhan Bank on the stocks to watch today list despite reporting higher profit?
Ans. Bandhan Bank fell over 15 percent on Wednesday despite 35 percent profit growth, after management cut its full year return on assets guidance, making it a name analysts are watching for signs of stabilisation today.
What is the Nifty 50 level heading into today’s session?
Ans. The Nifty 50 closed Wednesday at 23,996.25, down 0.79 percent, marking its third consecutive losing session and its close below the 24,000 mark.
What are the key support and resistance levels for the Nifty 50 today?
Ans. According to Bajaj Broking Research, Nifty 50 support is placed at 23,800 with resistance at 24,200 for today’s session.
Should I buy the stocks to watch today based only on this list?
Ans. This article does not constitute investment advice. Investors should conduct their own research and consult a SEBI registered investment advisor before making investment decisions.
Where can I track stocks to watch today and live market updates?
Ans. You can track stocks to watch today, live prices and market updates on the Univest app and website.
