Stock Market Today: Flat Open at Dalal Street, Key Stocks Under WatchStock Market Today: Flat Open at Dalal Street, Key Stocks Under Watch

Dalal Street opened flat today, with the Sensex dropping over 100 points and the Nifty hovering around 23,850. The GIFT Nifty indicated a slow start, shedding 53.5 points. Investors are watching key stocks such as L&T Tech Services, RVNL, Dr. Reddy’s, BLS International, and JSW Energy closely.

Mixed signals from global markets are influencing Indian stocks, with US indices closing near record highs while Asian markets declined. Notable corporate movements include AM Naik’s resignation from L&T Technology Services, with SN Subrahmanyan set to take over as Chairman.

In the pharmaceutical sector, Dr. Reddy’s has announced a strategic acquisition through its Swiss subsidiary, aiming to expand its product line. Meanwhile, RVNL has secured a significant rail signaling project in Southern India worth Rs 156.47 crore.

BLS International is expanding its footprint in Turkey, aiming to enhance its international business operations. UPL has also established a new subsidiary in Mauritius to manage its trading activities in chemicals and related products.

Ramky Infrastructure has landed orders exceeding Rs 135 crore for infrastructure projects in Leh, while JSW Energy is advancing its renewable energy portfolio with new power purchase agreements totaling 1,325 MW. These developments reflect a dynamic day on the market with varied investor interests.