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Stocks to watch: Shares of firms like HDFC Bank, Tata Elxsi, TCS, Wipro, NTPC, NBCC, ICICI Bank, and others will be in focus on Friday’s trade
Stocks to Watch
Stocks to Watch on March 20, 2026: Indian equity markets witnessed one of their sharpest intraday declines in recent sessions on Thursday, March 19, with benchmark indices plunging over 3% amid broad-based selling across sectors, wiping out nearly Rs 13 lakh crore in investor wealth.
The Nifty 50 tumbled 775 points, or 3.26%, to settle at 23,000, while the BSE Sensex closed at 74,207, also down 3.26% from the previous session. The broader markets mirrored the weakness, with the Nifty Midcap 100 falling 3.32% and the Nifty Smallcap 100 declining 3%.
Against this backdrop, the following stocks are likely to be in focus on Friday, March 20, 2026:
HDFC Bank
CEO Sashidhar Jagdishan said the board was caught off guard by the sudden resignation of part-time chairman Atanu Chakraborty, adding that no specific concerns were flagged. He emphasised that the bank’s fundamentals remain strong and there is no friction between the management and the board.
Tata Elxsi
The company has announced the setting up of a global offshore development centre (ODC) for Terumo Corporation to support advanced cardiac and vascular solutions.
NTPC
NTPC has signed a memorandum of understanding (MoU) with Octopus Energy Group to explore strategic collaboration opportunities in the energy sector.
Tata Consultancy Services (TCS)
TCS has entered into an MoU with ABB to expand collaboration across IT infrastructure, artificial intelligence, and engineering solutions.
Wipro
The IT major has launched a new hub at GIFT City in Gandhinagar to strengthen its AI-led capabilities for global BFSI clients.
JK Cement
JK Cement has emerged as the preferred bidder for the Itauri-Jharkua limestone block in Panna, Madhya Pradesh.
JSW Cement
The company has commissioned a greenfield integrated cement plant in Nagaur, Rajasthan, marking its entry into the North Indian market.
ICICI Bank
ICICI Bank said tax authorities have issued a demand notice of Rs 768.6 crore over alleged short payment of GST.
NBCC (India)
State-owned NBCC has secured multiple domestic contracts worth around Rs 319.78 crore across housing, infrastructure, and institutional projects in Assam, Meghalaya, and Bihar.
Amber Enterprises
The company said its subsidiary, IL JIN Electronics (India) Pvt Ltd, has approved raising Rs 328 crore through a rights issue of equity shares.
March 20, 2026, 07:47 IST
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