Indian markets are expected to be impacted today. At 7:16 AM, GIFT Nifty futures were up by 38.50 points at 22,459.00.
In the previous session, the Sensex surged by 740.30 points (1.01%) to 73,730.23, while the Nifty50 jumped by 254.65 points (1.15%) to 22,337.30.
Here are the key stocks to watch today on March 05, 2025:
Wipro
IT giant Wipro has launched TelcoAI360, an AI-powered platform aimed at helping telecom companies optimize services by reducing costs, improving customer experience, and strengthening network security. Developed with support from ServiceNow and Wipro’s AI partners, the platform leverages advanced AI capabilities to drive efficiency and innovation in the telecom sector.
TCS
Tata Consultancy Services (TCS) has collaborated with Vantage Towers, a leading European telecom tower operator, to introduce a digital service platform aimed at streamlining processes for property owners leasing land for telecom towers. The platform is designed to simplify site management and enhance partnerships, making operations more efficient for stakeholders.
Zydus Lifesciences
Zydus Lifesciences has received final approval from the USFDA to market Dasatinib tablets in multiple strengths. The drug is a generic version of Sprycel, a leukaemia treatment with annual U.S. sales of $1.81 billion. This approval strengthens Zydus’ portfolio in the oncology segment.
LIC Housing Finance
LIC Housing Finance, a leading mortgage lender, has approved a plan to raise ₹1,22,500 crore in the next financial year. The funds will be sourced through loans, bonds, commercial papers, and external borrowings to strengthen lending operations and support business growth.
Hindustan Zinc
The board of Hindustan Zinc will meet on March 10 to consider raising funds through listed non-convertible debentures (NCDs) on a private placement basis.
RPP Infra Projects
RPP Infra Projects has secured a ₹80.98 crore contract to enhance Chennai’s water supply infrastructure. The project includes the construction of underground tanks, feeder mains, and distribution stations to improve water distribution in key areas of the city.
Galaxy Surfactants
Galaxy Surfactants, through its group companies, has entered into a strategic collaboration with a global customer to provide engineering, procurement, and construction (EPC) services for a performance surfactants and speciality ingredients manufacturing plant at an overseas location. The partnership covers process design, procurement, engineering, construction, and commissioning of the facility.
Route Mobile
Proximus Global, comprising BICS, Telesign, and Route Mobile, has partnered with Nokia to explore network API solutions. The collaboration aims to support developers in financial services, healthcare, and enterprise applications, enhancing connectivity and innovation across industries.
Walchandnagar Industries
Sandeep Jain has stepped down as Chief Financial Officer (CFO) of Walchandnagar Industries due to health reasons. Nishant Saigal will take over the role effective April 14, 2025.
Dalmia Bharat
Dalmia Bharat is set to acquire a 34.52% stake in Kilavikulam Rajalakshmi Solar Power Developer for ₹3 crore. The deal, which covers up to 10 MW of solar capacity in Tamil Nadu, is expected to be completed within two months.
Kirloskar Industries
Mahesh Chhabria, who announced his early retirement as Managing Director in November 2024 in Kirloskar Industries, has now also resigned as a Director. His exit will be effective from March 31, 2025.
Conclusion
Indian markets are set for impact today, with GIFT Nifty up 38.50 points. Key stocks in focus include Wipro, TCS, Zydus Lifesciences, and LIC Housing Finance, among others, due to major business moves, fundraises, approvals, and partnerships. Notable executive changes include exits at Kirloskar Industries and Walchandnagar Industries.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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