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

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Posted by : sachet | Tue May 06 2025

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

Stocks, Share Market Today: The benchmark index, BSE Sensex, scales flat at 77 points down today to 80,738.34, while Nifty50 trades 10.90 points lower at 24,447.35 as of 09:41:31 IST. The top stocks to watch today include GAIL, Glenmark, Yes Bank, DCM Shriram, ONGC, Solex Energy, and more. Previously, Gift Nifty Price closed with an adjusted change of +11.00 points or 0.04% to reach 24,565.00. Scroll down to learn about the top stocks to watch today and the latest updates on them.

Table of Contents

Stocks to Watch Today: 6th May 2025

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.
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.
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.
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.
ONGC: ONGC has successfully completed India’s first offshore facilities decommissioning project in partnership with Shell and Reliance.
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.
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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