Stocks to Watch for March 24: Energy stocks, HDFC Bank, Indigo, Coal India and more

By Admin

24 Mar, 2026

Investors heading into Tuesday’s trading session should keep a close eye on several key developments across banking, aviation, infrastructure, and energy sectors. From fundraising announcements to leadership changes and regulatory updates, multiple stocks are expected to remain in focus today. Here’s a detailed breakdown of the major stocks to watch on March 24. 📈

🏦 Banking & Financial Stocks in Focus

Shares of HDFC Bank are likely to remain under the spotlight following comments from Tuhin Kanta Pandey regarding governance and transparency at the board level. His remarks came in the context of the resignation of the bank’s chairman, Atanu Chakraborty.

The SEBI chief emphasized the importance of institutional processes, noting that independent directors must follow a defined code of conduct and ensure that any concerns are formally recorded in board meeting minutes. This development could influence investor sentiment around corporate governance practices in banking stocks.

⚡ Energy Stocks to Track

Energy stocks sensitive to crude oil price movements may see action during Tuesday’s session. Crude prices are expected to ease after Donald Trump reportedly decided to pause strikes on Iran’s energy infrastructure. Lower crude prices generally impact oil marketing companies and energy-linked stocks, making the sector one to monitor closely.

🪨 Coal Sector Developments

State-run miner Coal India Ltd announced in-principle approval to divest up to 25% of its equity in South Eastern Coalfields Ltd (SECL) through an offer for sale (OFS).

Additionally, SECL will issue fresh equity shares aggregating up to 10% of its post-issue paid-up capital. This dual move could unlock value and improve capital structure, making Coal India an important stock to watch.

✈️ Aviation Sector Update

InterGlobe Aviation Ltd, which operates IndiGo, announced the appointment of Aloke Singh as Chief Strategy Officer. The move comes ahead of a broader leadership reshuffle at the airline.
Such strategic changes are typically closely tracked by investors, especially as IndiGo expands capacity and strengthens its market position.

🚆 PSU & Infrastructure Highlights

Indian Railway Finance Corporation (IRFC) entered into a major rupee term loan agreement with Hindustan Urvarak and Rasayan Ltd to refinance existing long-term debt of up to ₹12,842 crore. This significant financing deal could impact IRFC’s loan book and earnings outlook.

🏗️ Other Stocks to Watch

• Balkrishna Industries Limited announced a ₹750 crore non-convertible debenture (NCD) issuance.

• GR Infraprojects Ltd secured a ₹2,440.87 crore order from the National Highways Authority of India (NHAI), strengthening its order book.

📌 Market Outlook

With developments spanning banking governance, aviation leadership changes, PSU financing deals, and crude oil-sensitive energy stocks, traders can expect stock-specific volatility. Investors should monitor sectoral cues and corporate announcements closely before making trading decisions.

📉 Key sectors to watch today:

• Banking & Financials

• Energy & Oil-linked stocks

• PSU & Infrastructure

• Aviation

These developments make March 24 an action-packed trading session for market participants.