Stocks to Watch Today: 6th May 2025 | GAIL, Glenmark, Yes Bank, DCM Shriram, ONGC, & More!

Stocks to Watch Today: 6th May 2025

1. GAIL: GAIL might benefit from PNGRB holding an open house on the gas pipeline tariff review on 14th May. Analysts have high confidence in the GAIL share for near-term and long-term perspectives. 
2. Glenmark: Glenmark received USFDA approval for a blood cancer drug. It would help company to market blood cancer drug across diverse regions to generate more profitability. 
3. Yes Bank: Yes Bank is all set to be acquired by Sumitomo with the RBI nod for a 51% stake. The acquisition may lead to a growth in the Yes Bank share price. 
4. DCM Shriram: DCM Shriram reported a net profit of ₹3.4 crore against the previous year’s profit of ₹2.9 crore. Moreover, the revenue of DCM Shriram stood at ₹3,020 crore vs ₹2,531 crore YoY. 
5. ONGC: ONGC has successfully completed India’s first offshore facilities decommissioning project in partnership with Shell and Reliance.
6. Solex Energy: Solex Energy has bagged an order worth ₹451 crore. This would significantly help the company generate excess revenue to post a robust financial performance. 
7. IRCON: IRCON has bagged an order worth ₹187 crore from Kerala State IT Infrastructure. 

Sector Outlook

In the stock market today, investors will likely focus on the energy and defence sectors. Stocks in these sectors may face high volatility or gains during the intraday session.

Technical Levels to Consider

NIFTY 50

• Support: 24,420.00 / 24,348.00
• Resistance: 24,630.00 / 24,718.00

Bank Nifty

• Support: 54,735.00 / 54,555.00
• 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 (6th May 2025) are: 

• Adani Ports
• Bhartihexa
• SBIN
• DMART
• Kotak Bank

What are the best highlighted stocks for today?

Ans. Shares Recommended by the Brokerages for Today, 6th May 2025 are:

• Coforge (Target Price ₹8,035 by HSBC)
• Indian Hotels (Target Price ₹980 by Jefferies)
• IGL (Target Price ₹250 by Citi)
• Mahindra & Mahindra (Target Price ₹3,480 by Citi)

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