Stocks To Watch This Week Aug 17-21: Bharti Airtel, HAL, Havells, Dr Reddy's & More Stocks In Focus

Both the Benchmark Indices are going to enter the third week of August 17-21 after snapping a two-week winning streak.

At the end of trading on Friday, Aug 14, The Nifty 50 fell 204.65 points, or 0.83% to close at 24,366, while the Sensex declined 489.92 points, or 0.62% to settle at 78,009.25.

The major setback for the indices was due to rising crude oil prices and renewed Middle East tensions. Brent crude climbed nearly 4.6% through the week to trade close to $87 a barrel as the US-Iran talks are put on hold, keeping pressure on.

15 of 16 major sectors ended in the red; metals shed close to 1.9% and financials around 1% though midcap stocks gained.

Nifty Outlook: Range And Key Levels To Watch

"Nifty ended the week on a negative note, declining 0.83% reversing gains from the previous week. The index is currently hovering around its 21 day EMA, indicating near term weakness. However, the broader structure remains intact as the crucial 55-day EMA around 24,150-24,180 continues to provide support. As long as this level holds, the broader strategy remains buy on dips." said Ravi Singh, Chief Research Officer from Master Capital Services Ltd

"On the upside, 24,550 is the immediate hurdle, while a sustained breakout above this level could pave the way towards the key 24,800 zone. Overall, the medium-term trend remains cautiously positive." Ravi further added.

Stocks To Watch This Week

Bharti Airtel

The telecom giant is expected to be in focus after its Q1 FY27 results beat Street estimates on ARPU expansion. The firm reported a consolidated revenue growth of 18.4% YoY, with operating profit rising 19.6%, mainly because of a 9.6% increase in the Africa business.

HAL

Hindustan Aeronautics is on watchlists after last Thursday's defence sector rally, when the stock surged 3 to 6% alongside peers on fresh Defence Acquisition Council approvals worth roughly Rs 6.7 Lac cr for FY26.

Havells

The consumer durable giant is expected to be in focus tomorrow after posting 19.72% YoY revenue growth in Q1 FY27.

Dr Reddy's Laboratories

The stock bounced nearly 3% last week after two sharply negative weeks. However the stock gained positive news on a USFDA inspection.

Stock To Trade Ex-Dividend

Mahanagar Gas and Sun TV Network both turned ex-dividend on August 18. Mahanagar Gas has announced a final dividend of Rs 18 per share, working out to 180% of face value, while Sun TV Network's interim dividend of Rs 5 per share amounts to 100% of face value.