Market Update: Key Stocks to Watch Amid Ongoing Volatility

India's equity markets have faced a challenging week, with both the BSE Sensex and NSE Nifty declining nearly 3%. Despite this volatility, several stocks are poised to attract investor attention due to significant corporate announcements. Key players include Kotak Mahindra Bank, YES Bank, UltraTech Cement, and Tata Power, each making headlines with strategic changes and investments. Additionally, upcoming corporate actions from various companies could influence market dynamics. Stay tuned for insights on these developments and their potential impact on investments.

By Narendra Chaudhary Mar 8, 2026, 17:00 IST

Market Overview

India's primary equity indices concluded the week on a downward trend, marking a second consecutive week of losses. The BSE Sensex and NSE Nifty both fell by nearly 3%, influenced by unfavorable global cues, escalating geopolitical tensions in West Asia, rising crude oil prices, and ongoing sell-offs by foreign investors. Despite the market's volatility, several stocks are expected to draw investor interest in the upcoming week due to corporate announcements and business updates.

Stocks to Watch

Kotak Mahindra Bank: Investors may closely monitor Kotak Mahindra Bank following a significant leadership change. The bank has appointed Anup Kumar Saha as a whole-time director and executive director, effective March 6, after receiving approval from the Reserve Bank of India.

YES Bank: Another stock that could attract attention is YES Bank, which has announced the appointment of Vinay Muralidhar Tonse as its managing director and chief executive officer (Designate).

UltraTech Cement: UltraTech Cement has made headlines with its investment in renewable energy, acquiring a 26.20% equity stake in Sunsure Solarpark Thirty Eight Pvt Ltd for up to Rs 6.72 crore.

Tata Power: Tata Power is also likely to be in the spotlight due to a new strategic partnership with Salesforce aimed at digitizing its operations in rooftop solar, electric vehicle charging, and smart home solutions.

RITES Ltd: RITES has reported a significant development regarding a railway infrastructure project, with the South Western Railway approving a revised project cost of Rs 729.28 crore for the electrification of the Mysuru-Hassan-Mangaluru railway route.

Kwality Walls: Kwality Walls (India) has reported its first earnings since demerging from Hindustan Unilever, posting an EBITDA loss of Rs 64.2 crore for the third quarter of FY26.

Max Financial Services: The company has proposed a corporate restructuring plan involving an amalgamation with its subsidiary Axis Max Life Insurance Ltd (AMLI). If approved, AMLI will be directly listed on stock exchanges, allowing shareholders to hold shares in the life insurance company directly.

Upcoming Corporate Actions

Next week, several companies will have ex-dates for corporate actions, including Indian Oil Corporation, Indian Railway Finance Corporation, SBI Cards and Payment Services, Mangalore Refinery and Petrochemicals, Sun TV Network, Cupid, TANFAC Industries, and R Systems International. Sun TV Network has already declared an interim dividend of Rs 1.25 per equity share for the financial year 2025–26.

Additionally, IRB Infrastructure Developers has reported robust toll collections, with gross toll revenue increasing by 22% year-on-year to Rs 746 crore in February 2026, compared to Rs 614 crore in the same month last year.