Stocks to Watch Today: 10 Indian Stocks in Focus on September 2, 2026
Indian equity markets enter Wednesday’s session under pressure after a volatile start to September. The Nifty 50 remained around the 24,000 mark on Tuesday, while rising crude oil prices, geopolitical tensions and higher global bond yields continued to weigh on sentiment. At the same time, India’s Q1 FY27 GDP growth of 7.8% provided a strong domestic economic backdrop.
The September 2 watchlist has several fresh company-specific developments, including August automobile sales, production and e-auction data, regulatory updates, new renewable-energy capacity, management changes, business expansion and infrastructure orders.
Quick Summary: Stocks in Focus Today
| Stock | Why It Is in Focus |
|---|---|
| Hero MotoCorp | August domestic sales increased 4.5% |
| Coal India | August e-auction prices were 59% above notified prices |
| NMDC | August iron-ore production rose 13.7% |
| Ujjivan Small Finance Bank | Carol Furtado appointed interim CEO by RBI |
| Gland Pharma | US FDA inspection concluded without Form 483 observations |
| Adani Green Energy | Commissioned a 139 MW solar project at Khavda |
| Reliance Industries | RCPL entered the ice-cream market with Bombay Creamery |
| ITC | ITC Infotech received NCLT approval for two subsidiary amalgamations |
| Wipro | Renewed its global digital workplace services engagement with ABB |
| Ashiana Housing | August bookings reached ₹165.93 crore |
Hero MotoCorp
Hero MotoCorp is in focus after reporting its August 2026 sales performance.
The company recorded total dispatches of 5.68 lakh units, compared with 5.54 lakh units in August last year, representing growth of around 2.6%. Domestic sales increased 4.5% to approximately 5.42 lakh units. The company’s retail performance was also stronger, with VAHAN registrations showing 19% growth during the month.
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The August sales numbers put Hero MotoCorp among the major automobile stocks in focus as the industry enters the festive-season period.
Coal India
Coal India is in focus following its August e-auction and operating data.
The company offered 210.66 lakh tonnes of coal through its e-auctions during August, of which approximately 82.76 lakh tonnes were allocated. The average auction price was around 59% above notified prices, compared with a 46% premium during the April-August period.
Coal supplies also increased 5.5% year-on-year to 60.60 million tonnes in August, while supplies to the power sector rose 4.5% to 48.46 million tonnes.
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NMDC
NMDC is in focus after reporting higher iron-ore production during August.
The company’s production rose 13.7% year-on-year to 4.07 million tonnes during August 2026. Cumulative production through August reached approximately 23.23 million tonnes.
The production update provides a fresh operating indicator for India’s largest iron-ore producer and puts the mining stock in focus during Wednesday’s session.
Ujjivan Small Finance Bank
Ujjivan Small Finance Bank has a major leadership development after Managing Director and CEO Sanjeev Nautiyal stepped down, seeking early retirement.
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The RBI has approved Carol Furtado, currently an executive director at the bank, as interim CEO. Her appointment became effective September 1, 2026, for a period of up to three months. The bank will begin the process of identifying a permanent successor.
The sudden leadership transition makes Ujjivan SFB one of the key banking stocks to watch today.
Gland Pharma
Gland Pharma is in focus after receiving a favourable US FDA update concerning its Visakhapatnam facility.
The US FDA inspection of the company’s facility concluded with zero Form 483 observations, indicating no observations were issued during the inspection. The development provides an important regulatory update for Gland Pharma’s sterile and injectable manufacturing operations.
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Adani Green Energy
Adani Green Energy has commissioned a 139 MW solar power project at Khavda, Gujarat.
The project was operationalised on September 1 through a step-down subsidiary. Following the addition, the company’s total operational renewable-energy generation capacity reached approximately 20,280.8 MW, while operational battery-energy-storage capacity stood at 3,551 MWh.
The development adds another operating milestone to the company’s large renewable-energy portfolio.
Reliance Industries
Reliance Industries is in focus after its FMCG arm, Reliance Consumer Products, entered India’s ice-cream market with the launch of Bombay Creamery.
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The new brand will initially be available in western India before a wider rollout. The product range includes cones, cups, tubs, bars and sticks, with prices starting from ₹10.
The launch represents another category expansion for Reliance’s growing consumer-products business.
ITC
ITC is in focus following corporate developments at its technology subsidiary, ITC Infotech.
The NCLT has approved the amalgamation of Blazeclan Technologies and Cloudlytics Technologies with ITC Infotech India, with the amalgamation becoming effective from September 1.
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Separately, ITC Infotech has announced a strategic combination with Happiest Minds Technologies, including the proposed acquisition of a 22.1% stake and subsequent merger, subject to applicable approvals. The development has already attracted market attention, with ITC shares gaining while Happiest Minds declined during Tuesday’s session.
Wipro
Wipro has renewed its long-standing Digital Workplace Services contract with ABB.
Under the expanded engagement, Wipro will continue providing AI-enabled digital workplace services for ABB’s global operations, including automation, AI-powered service capabilities, workplace modernisation and predictive support services.
The development keeps Wipro in focus as large IT services companies continue expanding their AI-enabled enterprise service offerings.
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Ashiana Housing
Ashiana Housing reported August 2026 bookings of 1.67 lakh square feet, with a total booking value of approximately ₹165.93 crore.
The company’s cumulative year-to-date bookings through August stood at 11.30 lakh square feet, valued at around ₹1,025.34 crore.
The monthly sales update provides a fresh operating indicator for the real-estate company.
Market Overview
Indian markets remained volatile on Tuesday as crude oil prices moved higher amid renewed geopolitical tensions. The Nifty 50 stayed around the 24,000 level, while banking and auto stocks faced pressure during the session.
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For Wednesday, the 24,000–23,950 zone is being watched as an important near-term support area, while 24,200–24,400 remains a reference zone on the upside. The short-term options range is also being tracked around 23,500–24,500.
GIFT Nifty was indicating a cautious start before the market open, with the September contract recently around 24,051 and pointing towards a modestly weaker opening.
Crude oil remains one of the biggest external factors for Indian markets. Rising oil prices, geopolitical developments, the rupee, global bond yields and foreign institutional flows are likely to remain important throughout Wednesday’s session.
There is also a separate corporate-action event today, with several stocks turning ex-dividend, including NTPC, GAIL, Gujarat Pipavav Port, Triveni Turbine and Uni Abex Alloy Products. These developments are being covered separately in the corporate-actions series rather than expanding today’s Stocks to Watch list.
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Disclaimer: This article is for informational and educational purposes only. It does not constitute investment advice or a buy or sell recommendation. Investors should conduct their own research before making financial decisions.
