After an extended break due to the Holi holiday and the weekend, the stock market is set to resume trading with plenty of action on the horizon today, March 17. With three days of global market movements, company updates, and economic cues piling up, investors will have a lot to factor in as the trading week kicks off. Here’s a look at the stocks that could be in focus today and why they matter.
Market recap
On March 13, the last trading session before the break, both Sensex and Nifty ended in the red. The Sensex slipped 200.85 points or 0.27% to 73,828.91, while Nifty closed at 22,397.20, down 73.30 points or 0.33%.
Stocks to watch on March 17, 2025
Infosys
Infosys McCamish Systems, a subsidiary of Infosys, has reached an agreement to settle six class-action lawsuits in the U.S. related to a cyber incident from November 2023. The settlement, valued at $17.5 million, was reached after mediation on March 13, 2025.
Wipro
IT major Wipro is restructuring its Global Business Lines (GBLs) to enhance focus on artificial intelligence, cloud, and digital transformation. The restructuring, effective from April 1, 2025, aims to streamline operations and improve alignment with evolving client needs.
IndusInd Bank
IndusInd Bank has been in the spotlight after the Reserve Bank of India (RBI) stepped in to dismiss speculation around its financial health. The central bank reaffirmed that IndusInd is well-capitalized, reporting a Capital Adequacy Ratio of 16.46% and a healthy Provision Coverage Ratio of 70.20% for the December 2024 quarter. With its Liquidity Coverage Ratio standing strong at 113%, the bank appears stable.
IRFC
Indian Railway Finance Corporation (IRFC) has scheduled a board meeting on March 17 to consider a second interim dividend for FY25. March 21 has been set as the record date to determine eligible shareholders.
NMDC
Mining giant NMDC has also announced a board meeting on March 17 to decide on an interim dividend for FY25. To comply with SEBI’s insider trading rules, the company has closed its trading window until March 19.
GR Infraprojects
Infrastructure player GR Infraprojects has bagged the Agra-Gwalior Greenfield Road project worth Rs 4,262.78 crore. Awarded by the National Highways Authority of India (NHAI), the project will be developed under the Build-Operate-Transfer (BOT) toll model.
Zydus Lifesciences
Zydus Lifesciences API Unit 1 in Ankleshwar, Gujarat, has successfully cleared a USFDA inspection without any observations. This reinforces the company’s compliance with international regulatory standards.
JB Chemicals
JB Chemicals API manufacturing facility in Panoli, Gujarat, also passed its recent USFDA inspection without any regulatory concerns.
Ola-Rosmerta
Rosmerta Digital Services has filed an insolvency plea against Ola Electric over alleged payment defaults, as per the company’s exchange filings. The firm, which managed vehicle registrations for Ola Electric at regional transport offices (RTOs), took legal action on Saturday, March 15.
Power Grid
The state-owned Power Grid Corporation has approved an investment of Rs 341.57 crore for two new transmission projects. These include power evacuation from Ratle (850 MW) and Kiru (624 MW) hydroelectric projects in Jammu and Kashmir. The projects are expected to be completed by mid-2026.
Tejas Network
Tejas Networks has received a financial boost. The telecom gear maker received Rs 123.45 crore from the Ministry of Communications. The incentive was granted under the PLI Scheme for FY 2023-24.