Today, the market may open with weak cues. Investors will be keeping an eye on RIL, Infosys, Pine Labs, ONGC, Cipla, JSW Steel, and IndiGo. Several company deals, new contracts, operational pressures, and financial updates will determine stock movements today.
Stocks to Watch: On Thursday, December 4, 2025, the Indian stock market may begin trading with a likely negative opening amid Asian cues. At 7:50 AM, GIFT Nifty Futures was down 55 points at 26,080. This indicates that the Nifty 50 index might see initial weakness. Investors will be keeping a close watch on several large and mid-cap stocks today, including RIL, Infosys, Cipla, Pine Labs, ONGC, JSW Steel, IndiGo, RailTel, Bank of Maharashtra, and Tata Capital.
Below is a detailed update on today's key Stocks to Watch.
Investors keep an eye on Reliance Industries
Reliance Strategic Business Ventures, a wholly-owned subsidiary of Reliance Industries, has announced a new partnership with Surrey County Cricket Club for the Oval Invincibles franchise in The Hundred League. This partnership is considered a crucial part of Reliance's strategy to further expand its sports business. The company is continuously investing in diverse global sports-related opportunities. This collaboration is expected to bring new momentum to cricket promotion activities.
Infosys benefits from growing interest in GCCs
For IT giant Infosys, customer interest in India-based Global Capability Centers (GCCs) is rapidly increasing. A senior official stated on Wednesday that many new contracts are now starting with proposals linked to GCC setups. The company plans to leverage these contracts to establish broader technological partnerships in the future.
Infosys has accelerated its strategy to gain a significant share in the expanding GCC market. This segment could drive the company's growth in the coming years.
Strong improvement in Pine Labs' profit
Fintech company Pine Labs reported a consolidated net profit of ₹5.97 crore in the September quarter. In the same period of the previous fiscal year, the company had incurred a loss of ₹32.01 crore.
This result indicates a b improvement in the company's financial position. The company is benefiting from good revenue and cost management in its business model related to digital payments and merchant solutions. This positive trend could keep investors' attention on the stock during today's trading session.
New tenure for ONGC Chairman
The government has approved a one-year extension for Arun Kumar Singh, Chairman and CEO of Oil and Natural Gas Corporation (ONGC).
ONGC is a crucial company for India's energy security, and stability in leadership will enable the company to better execute its ongoing projects and new explorations. This news can be considered a positive signal for the company's stock.
Cipla launches new MSC Therapy
Pharmaceutical company Cipla, in collaboration with Stempeutics Research, has announced the launch of a state-of-the-art Allogeneic Mesenchymal Stromal Cell (MSC) therapy for the treatment of knee Osteoarthritis (OA), named ‘CiploStem’.
This move marks a significant advancement for Cipla in the orthobiological medicine segment. The new therapy is based on advanced scientific technology and can offer an improved treatment option for patients suffering from OA. Cipla's new initiative in the healthcare space could pique investors' interest.
JSW Steel's new Joint Venture
JSW Steel, one of the country's leading steel companies under the leadership of Sajjan Jindal, has announced a major agreement with Japan's JFE Steel Corporation to jointly own and operate the steel business of Bhushan Power & Steel Limited (BPSL).
Under this Joint Venture, JFE Steel will invest ₹15,750 crore to acquire a 50% stake in the company. This partnership will provide both companies with collective benefits of advanced steel production techniques and global supply chain expertise. This deal could prove to be a game-changer in the steel sector.
Operational pressure on IndiGo
IndiGo, the country's largest airline, is facing significant operational challenges following the implementation of new Flight Duty Time Limit (FDTL) regulations.
Over the past two days, the company had to cancel more than 300 flights, while hundreds of flights experienced delays. The company's operations have been disrupted due to a shortage of pilots. This development could be a cause for concern for investors, and volatility in the stock is possible today.
RailTel receives new Work Order
RailTel Corporation of India has received a work order for a project worth ₹48.78 crore from the Mumbai Metropolitan Region Development Authority (MMRDA).
RailTel is already active in government and infrastructure projects, and this new contract will further strengthen the company's order book. This news could lead to positive sentiment in the stock today.
Bank of Maharashtra OFS completed
Bank of Maharashtra's Offer for Sale (OFS) closed on Wednesday at a floor price of ₹54 per share.
At this price, the government will raise approximately ₹2,492 crore by selling its 6% stake in the bank. This move is in line with the government's disinvestment strategy, and activity in the bank's stock may be observed.
Tata Capital's Settlement Order
Tata Capital has informed that SEBI has passed a settlement order based on the suo motu settlement application filed by the company. The company has settled the matter by depositing a settlement amount of ₹14,40,000. This development sends a positive message regarding Tata Capital's corporate governance.
