Stocks to Watch on March 27: Infosys, Wipro, NBCC, Bharat Forge and More

Indian stock markets may open cautiously on Thursday due to weak global cues. While foreign inflows are improving, concerns over US trade policies have impacted global markets. The GIFT Nifty rose 17 points to 23,510.5 at 7:50 AM, suggesting a slightly positive start.

Asian markets declined following Wall Street losses. Japan’s Nikkei dropped 1.16%, and South Korea’s Kospi fell 0.73%. US markets slipped after President Trump imposed a 25% tariff on auto imports, with the S&P 500 losing 1.12%, the Nasdaq 100 down 2.04%, and the Dow Jones declining 0.31%.

On Wednesday, Indian markets ended their seven-day winning streak. The Nifty 50 dropped 0.77% (181.8 points) to 23,486.8, while the Sensex fell 0.93% (728.6 points) to 77,288.5.

Here are key stocks to focus on today: 

Infosys

Infosys laid off 40–45 additional trainees from the 1,200 engineers hired in late 2024 after an assessment on March 18.

Wipro

Wipro secured a ₹5,500 crore (£500 million) contract with Phoenix Group, the UK’s largest retirement services provider. This is one of Wipro’s biggest deals since 2020.

NBCC

NBCC signed a ₹25,000 crore deal with Mahatma Phule Renewable Energy and Infrastructure Technology for housing and urban projects in Maharashtra.

Bharat Forge

Bharat Forge received a ₹6,900 crore defence contract for supplying advanced towed artillery guns and high-mobility gun towing vehicles to the Indian Army.

Torrent Power

Torrent Power transferred shares of 10 subsidiaries to its wholly owned unit, Torrent Green Energy, for ₹474.26 crore.

Ashok Leyland

Ashok Leyland’s electric bus unit, Switch Mobility, may shut one UK plant to improve profitability. The plant contributed just 0.60% of total sales in FY23.

JSW Infrastructure

JSW Infra is acquiring a slurry pipeline business from JSW Utkal Steel for ₹1,617 crore to transport iron ore from Nuagaon mines to Jagatsinghpur, Odisha.

Conclusion

With weak global cues and US trade concerns weighing on sentiment, Indian markets may see cautious movements. Investors will closely track key deals, layoffs, and acquisitions across major stocks like Infosys, Wipro, NBCC, and Bharat Forge for further market direction.

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.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.