Stocks To Watch on Oct 5: HDFC, Bajaj Finance, DMart, YES Bank, Auto Stocks and More In Focus

The stock market is going to resume trading on Monday, October 5, after a holiday on Friday for Gandhi Jayanti. Investors faced a crucial session after the Nifty 50 and Sensex extended their losing streak to eight consecutive weeks.

The Nifty ended Thursday's session 198.50 points, or 0.88%, lower at 22,421.95, while the Sensex declined 570.59 points, or 0.79%, to 71,909.70. The Nifty has now lost around 8.7% over the past eight weeks, while the Sensex has declined about 8.4%.

"Indian benchmark indices faced severe headwinds during the week, extending their losing streak to an eighth consecutive week, the longest such run in 25 years. The NSE Nifty 50 tumbled 3.1% to settle at 22,421.95, while the BSE Sensex dropped 2.7% to close at 71,909.70. A hostile combination of global macroeconomic factors, geopolitical friction, and domestic pressure points triggered widespread selling, severely dampening market sentiment. A primary catalyst for the decline was the sharp surge in U.S. 10-year Treasury yields, which climbed to multi-year highs. Elevated risk-free returns in the United States prompted investors to reallocate capital away from high-beta emerging market equities." said Ravi Singh, Chief Research Officer from Master Capital Services Ltd.

Against this backdrop, here are the stocks likely to remain in focus on Monday.

Bajaj Finance

Bajaj Finance is likely to be among the biggest stocks in focus after the company announced a large capital-raising plan and subsequently released its Q2 FY27 business update.

The company's board approved a proposal to raise up to Rs. 17,500 crore through a combination of a Rs. 11,700-crore Qualified Institutions Placement (QIP) and a Rs. 5,800-crore preferential issue of convertible warrants to promoter Bajaj Finserv. The stock closed at Rs. 948.30 on October 1, down 1.16%.

DMart

Shares of Avenue Supermarts, which operates the DMart retail chain, will be in focus after the company reported an 18.4% year-on-year increase in standalone revenue for Q2 FY27. Revenue from operations rose to Rs. 19,206.18 crore from Rs. 16,218.79 crore in the corresponding quarter last year. On a sequential basis, revenue increased 4.7% from Rs. 18,343.49 crore in Q1 FY27. The stock closed at Rs. 3,830 on October 1.

YES Bank

YES Bank could see activity after the lender released its provisional Q2 FY27 business update over the weekend. The bank's advances rose 23.8% year-on-year to Rs. 3.10 lakh crore as of September 30, while deposits increased 19.5% to Rs. 3.54 lakh crore. However, the CASA ratio declined to 30%, compared with 32.7% in the June quarter and 33.7% a year earlier. YES Bank shares ended October 1 at Rs. 20.70.

Mahindra & Mahindra Financial Services

Mahindra & Mahindra Financial Services will remain in focus after reporting healthy growth in its Q2 FY27 business update.Disbursements rose around 22% year-on-year to approximately Rs. 16,490 crore, while business assets increased 15% to about Rs. 1.46 lakh crore. Collection efficiency also improved to 97% from 96% a year earlier.

Bajaj Auto

Bajaj Auto could be under pressure following its September sales numbers.The company reported total sales of 5,38,443 units for September, representing growth of around 5% year-on-year. However, domestic sales declined 9%, while exports rose 32%.

Maruti Suzuki

Maruti Suzuki reported a strong September sales performance, but the stock nevertheless declined sharply on Thursday as the broader auto sector came under pressure. Total sales increased 24% year-on-year, while domestic passenger vehicle sales jumped 37%.

Mahindra & Mahindra

Mahindra & Mahindra will also be on investors' radar after reporting 15% year-on-year growth in overall auto sales to 1,14,874 units for September. However, tractor sales declined 21% to 52,100 units and came in below expectations. The mixed sales performance led to selling pressure in the stock on Thursday.

Bank of Baroda

Bank of Baroda released its Q2 business update over the weekend, reporting broad-based growth across deposits and advances. Global business increased 17.45% year-on-year to Rs. 32.64 lakh crore as of September 30. Global advances grew 18.27% to Rs. 15.12 lakh crore, while global deposits increased 16.75% to Rs.17.51 lakh crore. Domestic deposits rose 17.01% to Rs. 14.88 lakh crore, while domestic advances increased 13.5% to Rs.11.88 lakh crore.

Hindustan Zinc

Hindustan Zinc is another stock to watch following its Q2 production update. Mined metal production increased 5% year-on-year to 271 kilotonnes, while saleable metal production rose 7% to 264 kt. Refined zinc production increased 5% to 212 kt, while refined lead production jumped 14% to 51 kt.

Bajaj Housing Finance

Bajaj Housing Finance could also attract attention after reporting strong Q2 operational numbers. Gross disbursements increased 25.2% year-on-year to Rs. 19,930 crore, while assets under management rose 25% to Rs. 1.58 lakh crore. Loan assets stood at around Rs. 1.40 lakh crore.