Stocks to Watch Today: 2nd May 2025 | Federal Bank, Sonata, NCC, KPI Green, HAL, & More!

Stocks to Watch Today: 2nd May 2025

1. Federal Bank: Federal Bank  has posted a growth of 13.67% in the net profit for the fourth quarter, reaching ₹1030.23 crores from ₹906.3 crores in Q4 of the previous year. This surge in the profitability of the company indicates strong financial performance for this quarter.
2. Sonata Software: Sonata Software announced achieving Amazon Web Services DevOps competency status. It recognises their expertise in cloud DevOps on AWS. 
3. NCC: NCC announced that it secured fresh orders worth ₹1,663 crore during April 2025. It would help the company generate higher revenue to showcase positive financial results. 
4. KPI Green Energy: KPI Green Energy sets new operational benchmarks with IBM Maximo Renewables deployment. 
5. HAL: HAL reported that the advanced light helicopter Dhruv Army and Air Force versions are cleared for operations based on the DI (Defence Investigation) Committee. HAL got positive recommendations from analysts and registered brokers.
6. CESC: Maharashtra regulator approved 125 MW power procurement by Adani Mumbai from the Company’s Dhariwal Infrastructure. 
7. Paytm: Paytm Cloud Technologies has incorporated its arm “Paytm Arab Payments L.L.C.” in the United Arab Emirates.
   

Sector Outlook

In the stock market today, investors will likely focus on healthcare, selective technology, and oil downstream sectors. Stocks in these sectors may face high volatility or gains during the intraday session.

Technical Levels to Consider

NIFTY 50

• Support: 24,292.00 / 24,180.00
• Resistance: 24,501.00 / 24,591.00

Bank Nifty

• Support: 54,996.00 / 54,720.00
• Resistance: 55,498.00 / 55,632.00

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Disclaimer: Investment in the share market is subject to risk. This news article is for informational purposes only. Conduct your own research before investing in shares and other securities.

FAQs on Stocks to Watch Today

Which share is best to buy today?

Ans. Stocks to watch today (2nd May 2025) are:

• IOC
• Exide
• SBIN
• Tata Tech
• MMTC

What are the best highlighted stocks for today?

Ans. Shares Recommended by the Brokerages for Today, 2nd May 2025 are:

• Federal Bank (Target Price ₹230 by Nomura)
• Adani Ports (Target Price ₹1,475 by Jefferies)
• Bajaj Finance (Target Price ₹10,800 by HSBC)
• Indus Tower (Target Price ₹485 by Citi)

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