Infosys Plans Equity Buyback, Amanta Healthcare IPO Debut, RailTel Secures Bihar Orders

Indian stock markets exhibited modest gains amid cautious investor sentiment, with key stocks such as Infosys, Voltamp Transformers, HUDCO, and Tata Motors receiving notable attention. Infosys announced that its board will consider a share buyback proposal, reflecting confidence in its equity, while Voltamp Transformers is expected to see promoter share sales through block deals. HUDCO signed a significant MoU with Nagpur Metro funding Rs 11,300 crore over five years, and RailTel Corporation secured orders worth Rs 713.55 crore, indicating ongoing infrastructure development. Market analysts have highlighted Tata Motors, BHEL, SBI, and Mahindra & Mahindra among top investment picks, with specific trading strategies suggested for various stocks. Additionally, JM Financial pointed to structural positives from GST rate reductions on renewable energy equipment, although challenges remain for renewable energy developers due to potential tariff revisions and other regulatory issues. The list of heavily leveraged stocks under the Margin Trading Facility includes blue-chip companies like Reliance Industries, TCS, and Tata Motors, underscoring strong investor interest but also elevated risk exposure.