Stocks to Watch Monday 6 October 2025: HDFC Bank, DMart, Vedanta, Tata Steel, Bajaj Finance, Vodafone Idea in Focus

Stocks to Watch: HDFC Bank, DMart, Vedanta, Tata Steel, Bajaj Finance, Vodafone Idea in Focus

Stock Market Today: Equity markets traded within a narrow range on Friday but managed to end higher, with the Nifty testing resistance near 24,900—its 20-day exponential moving average (DEMA). Analysts suggest that a sustained move above this could open the way for further gains toward 25,150 and possibly 25,400.

As trading resumes today, multiple key stocks are expected to remain in focus due to fresh news and quarterly updates.

HDFC Bank reported a 9% year-on-year increase in loans, taking its credit book to ₹27.9 lakh crore for the September quarter, compared with ₹25.6 lakh crore in the same period last year. The bank’s steady loan growth reinforces its position as India’s largest private lender.

Also Read: IPO Watch News: Canara HSBC Life Insurance IPO to Open on October 10: Key Details You Should Know

Retail major DMart posted a 15% year-on-year growth in standalone revenue for Q2 FY26, reaching ₹16,219 crore compared to ₹14,050 crore a year earlier, indicating healthy consumer demand and efficient store expansion.

Bajaj Housing Finance, a subsidiary of Bajaj Finance, recorded strong numbers with disbursements rising 32% to ₹15,900 crore in Q2 FY26. Meanwhile, Bajaj Finance itself reported a 24% rise in Assets Under Management (AUM) to ₹4.62 lakh crore, backed by stable deposit growth of 5%.

In the metals space, Vedanta has postponed its long-awaited demerger deadline to March 2026, citing pending approvals from the National Company Law Tribunal and other authorities. Tata Steel, on the other hand, received a demand notice of ₹2,411 crore from the Office of the Deputy Director of Mines, Jajpur, over an alleged shortfall in chrome ore dispatch from its Sukinda Chromite Block.

Vodafone Idea announced a leadership change, appointing Tejas Mehta as its new Chief Financial Officer effective October 6. Mehta previously served as CFO at Mondelez India, replacing Murthy Gvas, whose term ended on October 5.

Elsewhere, Kotak Mahindra Bank posted 14.4% year-on-year growth in deposits and 14.6% in advances, while Yes Bank and UCO Bank also reported healthy growth in their loan books.

Among other updates, PVR Inox saw strong festive footfall, Torrent Pharma received price control notices totaling ₹6.63 crore, and Lupin faced USFDA compliance issues at its Pithampur facility.

Market experts advise investors to focus on sectors showing relative strength—particularly metals, autos, and PSUs—while remaining selective in others. With key corporate earnings and economic data ahead, the market’s next decisive move could hinge on whether Nifty crosses the 24,900 resistance mark.