Several major companies announced important updates across fundraising, regulatory actions, project orders and new partnerships. From banks raising capital to infrastructure contracts and tax notices, a range of corporate developments are set to draw market attention. Here are the key stocks likely to be in focus today.
Market recap
The Sensex dropped 503.63 points, or 0.59%, to close at 85,138.27. Earlier in the day, the index had slipped even further, falling 588.9 points (0.68%) to touch an intraday low of 85,053. The Nifty also ended weak, declining 143.55 points, or 0.55%, to finish at 26,032.20 on December 2.
Stocks to watch today, December 3, 2025
State Bank of India, HDFC Bank and ICICI Bank
The Reserve Bank of India released its latest list of Domestic Systemically Important Banks, identifying State Bank of India, HDFC Bank and ICICI Bank as institutions that require higher capital buffers. Domestic Systemically Important Banks are lenders whose scale and network make them crucial to financial stability. The central bank set additional Common Equity Tier-1 capital requirements at 0.10 percent for ICICI Bank, 0.40 percent for HDFC Bank and 0.80 percent for State Bank of India.
Canara Bank
Canara Bank said it has raised Rs 3,500 crore through Additional Tier-I bonds, which are part of the Basel III global regulatory framework for banks. The issue included a base size of Rs 1,000 crore and a green shoe option of Rs 2,500 crore, both fully subscribed. These unsecured and perpetual bonds, with a face value of Rs 1 crore each, were placed with 37 investors. The issue opened and closed on November 28, and allotment was completed on December 2.
Motilal Oswal
Motilal Oswal Financial Services announced that its Finance Committee has approved a new round of funding through non-convertible debentures. These fully paid, secured, rated, redeemable and listed senior bonds will be issued on a private placement basis. Each bond carries a face value of Rs 1,00,000, adding up to a total size of Rs 300 crore. The company plans to list these debentures on the National Stock Exchange of India.
Hindustan Copper and NTPC Mining
Hindustan Copper and NTPC Mining signed a Memorandum of Understanding to work together in copper and critical minerals exploration. The agreement allows both companies to jointly enter mineral block auctions and collaborate on activities such as exploration, mining and processing. They will also study investment possibilities using Hindustan Copper’s existing assets.
IRFC
Indian Railway Finance Corporation has signed a loan agreement with Sumitomo Mitsui Banking Corporation at its GIFT City branch in Gujarat. The agreement involves raising an external commercial borrowing worth the Japanese Yen equivalent of 300 million United States Dollars. This marks IRFC’s return to the foreign borrowing market after more than three years.
RPP Infra
RPP Infra Projects received a new work order from the Highways Department in Tamil Nadu. The project involves widening the Hogenakkal–Pennagaram–Dharmapuri–Thirupathur Road, also known as State Highway 60, from two lanes to four lanes. The contract, valued at Rs 25.99 crore including Goods and Services Tax (GST).
Bansal Wire
Bansal Wire Industries disclosed that it has received a show-cause notice from the State Goods and Services Tax department in Uttar Pradesh. The notice pertains to the financial year 2020–21 and seeks a total of Rs 202.77 crore. This includes tax demands, interest and penalties. The company stated that the notice was issued by the Joint Commissioner of the State Goods and Services Tax, Corporate Circle-I, Ghaziabad.