Top stocks to watch: The Indian stock market is expected to open higher on Monday, 12 October 2026, with GIFT Nifty signalling a positive start for domestic benchmark indices.
GIFT Nifty was trading near the 22,649 mark, up around 47 points from the previous close of Nifty futures, indicating a likely positive opening for the Indian equity market.
On Friday, domestic equities snapped an eight-week losing streak, ending the week with modest gains as easing crude oil prices and upbeat corporate updates supported a late-week recovery. The BSE Sensex advanced 0.78% over the week to close at 72,472.33, while the NSE Nifty gained 0.44% to settle at 22,520.45.
Investors will track several stocks during Monday’s trading session as a series of corporate announcements put them in focus. Order wins, business updates, expansion plans and other company-specific developments are likely to drive stock-specific movements.
HCL Tech, Anand Rathi and Wealth, DMart, Poonawalla Fincorp, Canara HSBC Life Insurance are among the shares that will remain in focus on Monday.
Stocks to watch on 12 October 2026
HCL Technologies, ICICI Prudential Asset Management Company, RBL Bank
Shares of HCL Technologies, ICICI Prudential Asset Management Company, RBL Bank will remain in focus on Monday, as companies are scheduled to release their Q2 results 2026 today.
Anand Rathi Wealth
Net profit declined 9.5% year-on-year to ₹89.95 crore, while revenue rose 15.7% to ₹344 crore. EBITDA fell 15.1% to ₹116.8 crore, with the EBITDA margin narrowing to 34% from 46.2%.
Poonawalla Fincorp
Net profit surged to ₹374.8 crore from ₹74 crore in the year-ago period. Net interest income (NII) increased 75.7% to ₹1,589 crore from ₹905 crore, while assets under management (AUM) stood at ₹74,008 crore.
DMart
Net profit rose 8.5% year-on-year to ₹743.5 crore, while revenue increased 17.8% to ₹19,644 crore.
Bazaar Style
The company has opened a new Style Baazar store in Raniganj, West Bengal, taking its total store count to 286 as of date.
Power Grid
The company has fully commissioned its 20-GW Rajasthan renewable energy evacuation project under Phase III, Part C1, effective September 22, 2026.
Canara Robeco Asset Management Company
The company reported a 21.5% year-on-year increase in net profit to ₹59.2 crore. Revenue rose 18.6% from the year-ago period to ₹128 crore.
Canara HSBC Life Insurance
Net profit increased 5.5% year-on-year to ₹43.1 crore, while net premium earned grew 13% to ₹2,553.2 crore.
Waterways Leisure Tourism
The recently listed company posted a net profit of ₹54.4 crore, up from ₹30.9 crore in the corresponding period last year. Revenue rose 30.9% year-on-year to ₹133 crore from ₹102 crore.
PTC Industries
The company’s board approved the closure of its qualified institutional placement (QIP), through which it raised ₹1,800 crore. The board also approved the issue and allotment of 8.54 lakh equity shares to eligible institutional buyers at ₹21,060 per share, representing a 5% discount to the floor price.
Disclaimer: This story is for educational purposes only. Please consult with an investment advisor before making any investment decisions.
About The Author
