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📈 Stocks to Watch Today– June 11, 2025
1. Maruti Suzuki (MARUTI)
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Why it matters: The auto giant has cut its near-term EV production target for its inaugural e‑Vitara by two-thirds—from 26,500 to ~8,200 units—due to rare-earth magnet shortages stemming from China .
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What to track: Investor sentiment; companies with rare‑earth exposure; potential recovery as supply constraints ease.
2. Reliance Infrastructure (RELINFRA)
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Key catalyst: Its arm, Reliance Defence, inked a strategic pact with Germany’s Diehl Defence to assemble Vulcano 155 mm precision ammo domestically .
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Implication: Taps into defence sector momentum amid government focus on indigenisation.
3. Wipro (WIPRO)
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Highlight: Extended its IT-services partnership with Metro AG by two more years .
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Takeaway: Reinforces revenue stability from strong client relationships; bears watch in IT space.
4. Grasim Industries (GRASIM)
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Brokerage action: Morgan Stanley upgraded its view to "Overweight" and raised the target to ₹3,500 (~29–36% upside) on the back of strength in paints, UltraTech, and valuation potential .
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Why it’s on radar: A well-rounded play with catalysts in cyclicals and core businesses.
5. Defence-related stocks
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Context: Revival in India’s defence spending—such as the QRSAM programme and rising domestic manufacturing—has triggered gains in stocks like BEL, BEML, BDL, and Data Patterns .
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Strategy: Sectoral tailwinds suggest staying invested in PSU and private defence names.
6. Insurance sector picks
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Insight: Analysts like Deven Choksey highlight structurally strong insurance companies, which benefit from rising penetration and regulatory support .
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Watchlist: Focus on well‑capitalised, high-growth insurers suggested in expert notes.
7. Other notable names
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AB Capital: Block‑deal activity and share movement make it one to watch .
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Marksans Pharma, Sonata Software, Kaynes Technology, CreditAccess Grameen: Featured by MoneyControl’s watchlist .
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Sail, L&T, Vedanta, AU Small Finance Bank, Thomas Cook, IHCL: Highlighted by ET Now’s mid‑morning update for their corporate developments .
📊 Market Context & Technical Setup
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Global tailwinds: Optimism around the US–China–India trade talks is supporting sentiment. GIFT Nifty indicates a positive start for markets .
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Nifty outlook: The index remains range-bound between ~25,000–25,200, with upside potential to ~25,300–25,500 if sustained above 25,200; near-term support lies at 24,900–25,000 .
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Sectoral momentum: IT (led by Tech M, Dr Reddy’s, Grasim), defence, and financials are key areas showing strength; small/mid caps are also seeing positive breadth .
Source: Taken from multiple websites
Disclaimer
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