The Indian stock market is showing signs of recovery after a turbulent period. The Nifty and Sensex indices posted gains of around 1% this week, finally breaking a six-week losing streak. The rebound was fueled by oversold conditions and positive global cues. However, concerns linger due to persistent foreign outflows. Foreign Institutional Investors (FIIs) offloaded nearly INR 10,000 crore in the cash market, but Domestic Institutional Investors (DIIs) stepped in with purchases worth INR 19,000 crore. As trading resumes on Friday, August 29, here are the stocks that could dominate the headlines.
Bajaj Auto reported steady growth with total vehicle wholesales rising 3% year-on-year to 366,000 units in July 2025. This includes both domestic and export sales, reflecting a resilient performance in a challenging market.
Ashok Leyland, a key player in the commercial vehicle segment, saw an 8% increase in total sales, reaching 15,064 units in July. This uptick signals sustained demand for commercial vehicles, an important indicator of economic activity.
Suzlon Energy made waves with a major 381 MW wind energy project order from Zelestra India. This marks Suzlon’s first Firm and Dispatchable Renewable Energy (FDRE) project, featuring 127 turbines across Maharashtra, Madhya Pradesh, and Tamil Nadu. The deal could significantly boost investor confidence in the renewable energy sector.
M&M continued its strong performance with overall sales surging 26% to 83,691 units in July. Utility vehicle sales alone grew 20%, underscoring the company’s dominance in this segment.
On the flip side, MobiKwik reported disappointing numbers. The fintech firm’s consolidated loss widened to INR 41.9 crore in Q1 FY26, compared to INR 6.6 crore in the same period last year. Revenue also took a hit, dropping 20.7% to INR 271.3 crore. Investors will be closely watching how the company addresses these challenges.
With these developments, Friday’s trading session could see heightened activity in these stocks. While the broader market shows signs of stability, individual stock movements will likely hinge on company-specific news and broader economic trends.
Remember, investing in stocks carries risks. Always conduct thorough research or consult a financial advisor before making any decisions.