Stocks To Watch Today (31-08-2026): HDFC Bank, Reliance, SBI, Hero MotoCorp, Ola Electric, And More In Focus

Benchmark indices are looking towards a weaker start on Monday, August 31st, as fresh geopolitical tension in West Asia and hawkish signals from the US Federal Reserve triggered the global sentiment. At the time of writing, GIFT Nifty futures were trading around 24,223, down close to 85 points or roughly 0.37%, hinting at a negative opening for the Nifty50.

At the end of trading on Friday, the Nifty slipped 0.31% to settle at 24,175.65, while the Sensex shed 0.36% to close at 77,264. Meanwhile the Nifty Smallcap index scaled a fresh all-time high and the Midcap index also closed at a record.

"Nifty ended the third consecutive week in the red, declining 0.31%, but the index is currently holding near its 21-week EMA and the support of its ascending trendline. The immediate horizontal support is placed at 24,000, and a sustained breach below this level could trigger further weakness towards 23,800. On the upside, 24,400 remains a key resistance zone; a decisive breakout above it may open the way towards 24,600." said Ravi Singh, Chief Research Officer from Master Capital Services Ltd.

Two big triggers are going to impact the market today. First, the US Federal Reserve Chair Kevin Warsh, speaking at the Jackson Hole Symposium, adopted a hawkish tone that has reignited worries about a possible rate hike as early as next month.

Another reason is the rising crude oil prices which climbed more than 1% to $85 per barrel after the US struck Iranian rocket launchers on the island of Larak on Sunday.

Wall Street closed lower on Friday witt the S&P 500 slipped 0.25% to settle at 7,711.76, the Nasdaq Composite fell 0.52% to 26,402.42, and the Dow Jones Industrial Average slipped down 0.02% to 53,559.99.

Asian markets are bearing the brunt of this cautious mood on Monday morning. At the time of writing Japan's Nikkei 225 was trading around 1.8% lower, while South Korea's Kospi tumbled as much as 2.4-2.5%.

Here Are Stocks that are expected to be In Focus today:

HDFC Bank

The shares of India's largest private-sector lender are in focus today after MD & CEO Sashidhar Jagdishan announced over the weekend that he will not seek reappointment.

Reliance Industries

Reliance shares will be watched today after its telecom and digital arm, Jio Platforms, received the SEBI approval ahead of its long-awaited stock market debut.

State Bank of India

SBI will be in focus today after Chairman C S Setty confirmed that the bank and its subsidiary SBI Capital Markets, plans to jointly dilute up to 1% stake in the National Stock Exchange.

Hero MotoCorp

The two-wheeler major is also going to be in focus after it completed the purchase of an additional 1.19 crore shares in Ather Energy for approximately Rs 1,758 crore taking Hero MotoCorp's fully diluted shareholding in Ather Energy to nearly 32.8%.

Ola Electric Mobility

Ola Electric shares will be in focus after the company opened bookings for its new S1Z scooter, which is priced at an introductory Rs 79,999 for the base

Knowledge Realty Trust

The REIT is in focus after Blackstone announced plans to sell a stake worth up to $1.25 billion, which is roughly Rs 12,000 crore including the greenshoe option, through an offer for sale opening today for non-retail investors.

Piramal Finance

The shares of Piramal Finance will be in focus after successfully closing its qualified institutional placement, allotting 99.52 lakh shares at Rs 2,110 apiece to raise Rs 2,099.99 crore.