Stocks to watch today: Indian stock market was slated to open on a positive note. On stock-specific front, IT stocks will be in focus after IBM's weak outlook.
Fada data shows legacy players driving nearly all first-half market growth, while Ather remains the standout among EV-first manufacturers
The upward movement came after the company issued a clarification on its fund-raising plans through a Qualified Institutions Placement (QIP).
Ajit Mishra of Religare Broking says that Ather Energy and Sun Pharma have a given a upside breakout after a period of consolidation, while ITC seems to be losing momentum on charts.
According to FADA, the share of electric vehicles in overall two-wheeler sales rose to 10.6 per cent, hitting the double-digit mark for the first time.
EV two-wheeler maker may launch a qualified institutional placement as early as next week to fund capacity expansion, retail growth and new product development
Adani Enterprises, Aurobindo Pharma, GMR Airports, Gujarat Flurochemicals, Oracle Financial Services and Star Health Insurance from BSE 500 stocks registered 52-week highs on Wednesday.
Delhi EV Policy Impact: Bharat Forge, Hero MotoCorp, Bajaj Auto, Uno Minda, Sona BLW Precision Forgings and Samvardhana Motherson International were down in the range of 1 per cent to 5 per cent.
Market outlook by Ajit Mishra: The analyst from Religare Broking expects Nifty to consolidate in the near-term; among stocks he recommends Delhivery, Ather Energy and Aurobindo Pharma.
The electric two-wheeler maker is expected to begin the fundraising process as early as July and could raise the funds through multiple instruments
In the past one year, Ather Energy shares have appreciated by 240 per cent, as against 4 per cent decline in the BSE Sensex.
Ather Energy hit a new high at ₹986.80 on Monday, and now trades 207 per cent higher over its issue price of ₹321 per share.
Ather Energy share: Sentiment was further buoyed by favourable brokerage commentary, with Nomura and Emkay Global retaining 'Buy' ratings on the stock
Stocks to Watch today, May 5, 2026: Marico, SRF, United Breweries, Poonawalla Fincorp, Ather Energy, and Punjab National Bank are among the top stocks to watch during today's trading session
The company posted a net loss of ₹100.2 crore in Q4 FY26, compared with a loss of ₹234.3 crore in the year-ago period