As markets open today, investors will keep an eye on IT stocks, pharma companies, infrastructure projects, and corporate announcements that could influence trading. Key developments include US regulatory updates, project wins, partnerships, and leadership changes across sectors. Here’s a list of stocks likely to stay in focus today.
Market recap
Indian markets closed in the red on September 19. The Sensex slipped 387.73 points, ending at 82,626.23, a 0.47% decline. The Nifty fell 96.55 points to 25,327.05, down 0.38%.
Stocks to watch on September 22, 2025
IT stocks
IT stocks are expected to face pressure on Monday, September 22. The US government announced that the $100,000 H-1B visa fee will apply only to new applications. Additionally, prevailing wage requirements have been revised. In the list of key IT sector stocks, firms such as Infosys, Wipro, TCS, HCL, and Tech Mahindra derive a significant portion of revenue from the US. ADRs of Infosys and Wipro fell by up to 4% after the announcement.
Zydus Lifesciences
Zydus Lifesciences announced that its oncology injectable manufacturing unit in SEZ1, Ahmedabad, received an Establishment Inspection Report (EIR) from the USFDA. The inspection took place from June 9 to June 18, 2025, as a GMP follow-up. The facility’s status was upgraded from Official Action Indicated (OAI) to Voluntary Action Indicated (VAI), showing improvement in regulatory compliance compared with the June 2024 inspection.
Jubilant Pharmova
Jubilant Pharmova’s US subsidiary, Jubilant Cadista Pharmaceuticals, underwent a Post-marketing Adverse Drug Experience (PADE) inspection by the USFDA on September 19, 2025. The inspection concluded with zero observations, indicating compliance with US safety and quality standards.
PNC Infratech
PNC Infratech received a letter of acceptance from the Bihar State Road Development Corporation (BSRDC) for a Rs 495.5 crore project. The contract covers the construction of a high-level bridge and approach roads on the Hathouri-Atrar-Bavangama-Aurai route. The total length is 21.3 km. The project is under EPC mode and will be completed within 1,095 days.
HUDCO
HUDCO signed an MoU with NBCC to execute four construction projects across Uttar Pradesh, Haryana, Gujarat, and Delhi. The agreement was signed in New Delhi on September 19, 2025, by HUDCO CMD Sanjay Kulshrestha and NBCC CMD K. P. Mahadevaswamy, in the presence of senior officials. The projects aim to enhance infrastructure in the selected states.
Brigade Enterprises
Brigade Enterprises Twin Towers project in North-West Bengaluru secured Rs 126 crore from Shruti Pai of Manipal Education and Medical Group International India Pvt. Ltd. The investment focuses on the commercial real estate segment in the city.
Oil India
Oil India signed a memorandum of understanding (MoU) with Hindustan Copper to explore and develop strategic minerals, including copper and related resources. The agreement, signed on September 19, aims to support India’s National Critical Minerals Mission and enhance resource security.
Redington
Redington’s step-down subsidiary, Arena Connect Teknoloji, entered a definitive agreement with Datagate Bilgisayar Malzemeleri Ticaret AS. The deal involves the assignment of a Device Distribution and Supply Agreement with Vodafone Dağıtım, Servis ve İçerik Hizmetleri AS. The agreement will be effective from October 1, 2025.
Piramal Enterprises
Piramal Enterprises announced that its Chief Financial Officer, Upma Goel, will resign effective September 30, 2025. Goel had submitted her resignation on July 29, citing career advancement and pursuing new opportunities.
Reliance companies
Reliance Power and Reliance Infrastructure stated that the CBI chargesheet against Anil Ambani and others in a Rs 2,796 crore bank fraud case does not affect operations or financial performance. The chargesheet relates to transactions between RCFL, RHFL, Yes Bank, and firms linked to the former Yes Bank CEO. Both companies noted that issues with RCFL and RHFL were resolved through independent lender-driven processes led by Bank of Baroda under RBI regulations, following Supreme Court rulings in 2022 and 2023.