Paytm, Bajaj Auto, Asian Paints, Wipro among 10 shares in focus today

By Admin

27 Nov, 2025

The Indian stock market witnessed a strong comeback on Wednesday, November 26, 2025, as benchmark indices surged sharply after three consecutive days of losses. Driven by robust buying across sectors and positive global cues, the trading session ended with a broad-based rally that boosted investor confidence ahead of Thursday’s action.

The Sensex jumped 1,023 points (1.21%) to close at 85,609.51, while the Nifty 50 climbed 321 points (1.24%) to settle at 26,205.30. The momentum extended to the broader markets as well, with the BSE Midcap index rising 1.32% and the Smallcap index gaining 1.23%.

Ajit Mishra, SVP – Research at Religare Broking Ltd., said, “Markets opened sharply higher on the first day of the new expiry and gained over a percent, fully engulfing the recent decline. The index remained upbeat from the start, with momentum strengthening as the session progressed. Market participation was broad-based, with metals, energy and IT leading the gains. The rally was supported by expectations of a potential US Fed rate cut in December, a likely 25 bps repo rate cut by the RBI next month, and easing crude oil prices amid hopes for peace progress between Ukraine and Russia.”

As markets prepare for another active trading day on Thursday, here are the top 10 stocks to watch closely.

1. Paytm

The Reserve Bank of India has granted a Certificate of Authorization to Paytm Payments Services (PPSL), a fully owned subsidiary of One 97 Communications. This approval allows PPSL to operate as a payment aggregator under the Payment and Settlement Systems Act. The development is seen as a significant regulatory milestone for the fintech major.

2. Mahindra & Mahindra (M&M)

Mahindra & Mahindra has announced a milestone achievement, delivering 30,000 electric SUVs within just seven months   translating to nearly one sale every ten minutes. To strengthen its presence in India’s EV market, M&M launched its XEV 9e and BE 6 models last November and continues to push aggressively toward electric mobility leadership.

3. Bajaj Auto

Bajaj Auto has officially entered the fast-growing e-rickshaw segment with the launch of Bajaj Riki. With India adding over 45,000 e-rickshaws each month post-pandemic, the model positions Bajaj Auto to tap into the surging demand for affordable last-mile mobility solutions.

4. Asian Paints

The paint major announced that its step-down subsidiary, Berger Paints Emirates Ltd Co (LLC), UAE, will establish a second paint manufacturing facility in the UAE. This expansion highlights Asian Paints’ growing international presence and focus on scaling operations in key overseas markets.

5. Whirlpool of India

Whirlpool’s promoter is set to offload 95 lakh shares, amounting to a 7.5% stake, via block deals at a floor price of ₹1,030 per share. The total transaction size is estimated at around ₹965 crore, and the promoter has imposed a 90-day lock-up period following the sale.

6. Wipro

Wipro announced a strategic partnership with the Indian Institute of Science (IISc) and the Foundation for Science Innovation and Development (FSID). The collaboration aims to enhance advanced research and innovation in next-generation technologies, strengthening Wipro’s position in AI-driven tech services and consulting.

7. Jammu & Kashmir Bank

The bank’s board has approved raising ₹750 crore in equity capital through one or more Qualified Institutional Placements (QIP). Additionally, it plans to raise ₹500 crore through non-convertible debentures (NCDs) via private placement, supporting its balance sheet expansion plans.

8. Axis Bank

Axis Bank has appointed Anand Viswanathan as its new Chief Risk Officer for a three-year term starting January 1, 2026. He replaces Amit Talgeri and will join the bank’s senior leadership team to strengthen its risk management framework.

9. Ashoka Buildcon

Ashoka Buildcon confirmed that its subsidiary, Ashoka Concessions (ACL), has completed the sale of its entire shareholding in five special purpose vehicles (SPVs) to Maple Infrastructure Trust, effective November 26. This move is expected to streamline the company’s asset portfolio.

10. Oberoi Realty

Oberoi Realty has announced its entry into a redevelopment agreement for 4,706 sq. m of land on Mumbai’s upscale Nepean Sea Road. The project is projected to generate around 1.18 lakh sq. ft of free-sale area as per RERA carpet standards, marking another premium addition to its luxury development pipeline.