Stocks to watch, July 6: BEL, Bharat Dynamics, HDFC Bank, Senco Gold, FMCG stocks, Vedanta Power, Nykaa
Indian stock markets are expected to open flat on Monday, with focus shifting to defence stocks following a ₹52,000 crore acquisition approval. Additionally, HDFC Bank is in the spotlight after reporting strong growth in deposits and advances for Q1 FY27.
Defence stocks such as BEL, Bharat Dynamics, Paras Defence, among others, are likely to remain in focus after the Defence Acquisition Council (DAC) accorded Acceptance of Necessity (AoN) for capital acquisition proposals worth ₹52,000 crore. The domestic stock market is expected to open flat with a negative bias on Monday, July 6. The GIFT NIFTY futures suggest that the NIFTY50 index will open 16 points down.
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