Indian equity markets are poised for a strong start on Tuesday, June 10, as GIFT NIFTY futures signal a 62-point gain for the NIFTY50 index. Market sentiment is buoyed by a series of significant corporate developments and strategic moves across several sectors. Here’s a look at the stocks likely to be in the spotlight today:
Protean eGov Technologies Bags Major Digital Insurance Project
Protean eGov Technologies is set to attract attention after securing a substantial work order valued at approximately ₹100 crore from the Bima Sugam India Federation. The order, awarded through a competitive process, positions Protean at the forefront of India’s digital insurance transformation. Bima Sugam, governed by BSIF, is envisioned as a nationwide digital marketplace, aiming to unify insurance product and service offerings on a single platform.
Suzlon Energy: Institutional Buying Drives Momentum
Shares of Suzlon Energy are expected to see increased trading activity following large-scale block deals. Major global investors, including Goldman Sachs, Morgan Stanley, and Motilal Oswal Mutual Fund, collectively acquired nearly 20 crore shares, amounting to a 1.45% stake for ₹1,309 crore. This influx of institutional capital reflects growing confidence in Suzlon’s prospects within the renewable energy sector.
Wipro: Promoter Group Reshuffles Stake
Wipro witnessed a significant internal reshuffling, with promoter group entities exchanging 20.23 crore shares, representing a 1.93% stake. The transaction, valued at around ₹5,057 crore, involved the Azim Premji Trust offloading shares at an average price of ₹250 each. Such moves often precede strategic realignments or future growth initiatives within the company.
ZEE Entertainment Bets on Micro-Drama Content
ZEE Entertainment Enterprises has entered into a strategic equity partnership with Bullet, a start-up focused on micro-drama content. Bullet, co-founded by Azim Lalani and Saurabh Kushwah, is set to launch India’s first micro-drama app, offering short, creator-driven episodes targeting younger audiences. The app will debut within the ZEE5 ecosystem, leveraging ZEE’s digital reach to attract new viewers.
Jana Small Finance Bank Seeks Universal Bank License
Jana Small Finance Bank has formally applied to the Reserve Bank of India for a universal banking license, marking a significant step in its growth journey. The move underscores Jana’s commitment to financial inclusion and innovation, having already established a strong presence in the retail and MSME segments across India.
Dalmia Bharat, Birla Corp Face Policy Setback
Dalmia Bharat and Birla Corporation are under scrutiny after the West Bengal government revoked several industrial subsidy schemes, putting approximately ₹430 crore in promised incentives at risk. Dalmia Bharat, which operates a major cement plant in the state, was expecting over ₹236 crore under the now-cancelled scheme, potentially impacting future investment decisions.
BEML Signs Defence Technology Agreements
BEML Limited has inked three licensing agreements with the Vehicles Research and Development Establishment to manufacture critical mobility and support systems for the Indian Army. The agreements cover the development of maintenance and repair vehicles for MBT Arjun tanks and advanced trailers for heavy tank transport.
HDFC Bank: Trust Denies Dues Amid Allegations
HDFC Bank remains in the headlines as the Lilavati Kirtilal Mehta Medical Trust categorically denied any outstanding dues or borrowing relationship with the bank, amid ongoing allegations involving the bank’s top executive. The Trust has refuted any connection to the disputed transactions.
IRB Infra Reports Strong Toll Revenue
IRB Infrastructure reported a nearly 9% year-on-year increase in toll revenue for May 2025, reaching ₹581 crore. The IRB MP Expressway in Maharashtra contributed the largest share, reflecting the company’s steady operational performance.
Capri Global Launches QIP
Capri Global has initiated a qualified institutions placement of equity shares, setting a floor price of ₹153.93 per share. The company may offer a discount of up to 5%, with final pricing to be determined by the book running lead manager.
Oberoi Realty CEO Resigns
Oberoi Realty announced the resignation of Pankaj Gupta, CEO of its Commercial Real Estate division, a move that could influence the company’s commercial property strategy going forward.
With these high-impact developments, investors are expected to keep a close watch on these stocks as the trading session unfolds, anticipating both opportunities and risks in a dynamic market environment.
