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  1. Stocks to watch, April 8: Infosys, L&T, Asian Paints, BPCL, IndiGo, banks, realty, auto, Aurobindo Pharma

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Stocks to watch, April 8: Infosys, L&T, Asian Paints, BPCL, IndiGo, banks, realty, auto, Aurobindo Pharma

Swati Verma

6 min read | Updated on April 08, 2026, 08:44 IST

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SUMMARY

Stocks to watch: Infosys has entered into a strategic partnership with AI software delivery platform company Harness on Tuesday, April 7, for agentic AI-led software delivery transformation for enterprises globally.

Stocks to watch, April 8, 2026

The GIFT NIFTY futures suggest that the NIFTY50 index will open 650 points higher. | Image: Shutterstock

Stocks to watch: The domestic stock market is expected to see a gap-up start to trading on Wednesday, April 8. The GIFT NIFTY futures suggest that the NIFTY50 index will open 650 points higher.
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Here is a list of stocks that may remain in focus today.
Aurobindo Pharma: Aurobindo Pharma on Tuesday said it has received final approval from the US health regulator for its generic version of dapagliflozin tablets used to control blood sugar levels in people with type 2 diabetes.

The final approval granted by the US Food & Drug Administration (USFDA) to manufacture and market dapagliflozin tablets is for strengths 5 mg and 10 mg, Aurobindo Pharma said in a regulatory filing.

These are bioequivalent and therapeutically equivalent to the reference-listed drug Farxiga tablets, 5 mg and 10 mg, of AstraZeneca AB, it added.

Lupin: The pharma major announced that it has received approval from the United States Food and Drug Administration (U.S. FDA) for its abbreviated new drug application for Dapagliflozin Tablets, 5 mg and 10 mg. The U.S. FDA has approved Lupin’s Dapagliflozin Tablets, 5 mg and 10 mg, as bioequivalent to Farxiga® for the indications in the approved labelling.
Infosys: The company has entered into a strategic partnership with AI software delivery platform company Harness on Tuesday, April 7, for agentic AI-led software delivery transformation for enterprises globally.

“This collaboration aligns the combined capabilities of Infosys Topaz Fabric and Infosys Cobalt with the Harness Software Delivery Platform to drive improvements in productivity, software engineering, AI governance, and time-to-market at scale,” Infosys said in a statement.

Infosys Topaz Fabric is a purpose-built agentic services suite—a multi-layer AI fabric that unifies infrastructure, models, data, applications, and workflows into a composable, agent-ready ecosystem.

LIC: Shares of Life Insurance Corporation of India (LIC) are expected to hog the limelight on Wednesday, April 8, as the company is slated to hold a board meeting on Monday, April 13, to consider and recommend a proposal for the issue of bonus shares. READ MORE
Oil-sensitive stocks: Crude oil-sensitive sectors such as oil marketing companies (OMCs), paints, tyres, upstream companies, and aviation will be in focus on Wednesday, April 8, as crude oil prices in the global market dropped to under the $95 per barrel (bbl) level during the early market hours. READ MORE
Rate-sensitive stocks: Shares of auto, real estate, and financial sector companies will be in focus as the Reserve Bank of India (RBI) is set to announce its monetary policy decision at 10 AM today.

Market participants will closely track the central bank’s stance on interest rates, liquidity measures, and inflation outlook, as any change in policy rates or guidance could directly impact borrowing costs, demand outlook, and overall sentiment for these sectors.

Punjab National Bank (PNB): State-owned Punjab National Bank (PNB) has signed an MoU with Government e-Marketplace (GeM) to strengthen financial access for sellers.

The onboarding of Punjab National Bank as a lending partner on the GeM Sahay Portal offers multiple benefits to sellers by enabling quick access to collateral-free short-term loans against GeM purchase orders, thereby improving liquidity and easing cash flow challenges, PNB said in a statement.

This partnership particularly empowers MSMEs and small businesses that often face challenges in accessing timely and affordable formal credit while ensuring transparency and efficiency through digital, paperless loan processing, it said.

L&T, KEC International: Shares will be in focus as the Middle East is a key market—accounting for a large share of order books (over one-third in case of L&T). During the conflict, companies faced logistics issues, supply chain disruptions and delays. A ceasefire would ease these bottlenecks, helping projects move faster and improving revenue visibility.
Arvind SmartSpaces: Realty firm Arvind SmartSpaces Ltd has partnered with Sigma Oxford Realtors to develop a housing project in Mumbai with an expected revenue of ₹2,400 crore.

In a regulatory filing on Tuesday, the company said it has signed a "residential high-rise project in Goregaon (West), Mumbai". The project has a top-line potential of Rs 2,400 crore with a total saleable carpet area of 0.67 million sq ft."

The project is being done in partnership with Sigma Oxford Realtors.

The company will jointly do a redevelopment in Siddharth Nagar, Goregaon West.

Arvind SmartSpaces has 111.4 million square feet of real estate development across the country. Besides Gujarat, the company has a presence in the Mumbai Metropolitan Region (MMR) and Pune.

GAIL: GAIL (India) Ltd has signed a long-term charter agreement with Greece-based Alpha Gas for the liquefied natural gas (LNG) carrier Energy Fidelity, the state-run firm said on Tuesday.

The agreement was executed with Pantheon Maritime Services, a Singapore-based affiliate of Alpha Gas, and was signed in Athens by senior officials from both companies, GAIL said in a statement.

The vessel, with a capacity of 174,000 cubic metres, is equipped with advanced propulsion and fuel-efficiency technologies aimed at lowering emissions, GAIL said.

The deal is part of GAIL's strategy to strengthen its LNG shipping capacity and support India's long-term energy security.

GAIL will use the carrier to import liquefied natural gas (LNG) from countries like the US and Russia.

Biocon: Biocon Ltd on Tuesday announced the commercial launch of biosimilars Bosaya and Aukelso, indicated for different serious bone conditions, in the US.

Bosaya (biosimilar to Prolia) and Aukelso (biosimilar to Xgeva) are now available by prescription nationwide through speciality pharmacies and healthcare providers, Biocon said in a statement.

Both products have been previously approved and granted interchangeable designation by the US Food and Drug Administration in September 2025, allowing substitution at the pharmacy level in accordance with state laws, it added.

"The US introduction of Bosaya and Aukelso marks a strategic expansion of our biosimilars portfolio, building on our established leadership in oncology and immunology. These therapies broaden access to high-quality, affordable treatment options for patients living with serious bone conditions," Biocon CEO & MD Shreehas Tambe said.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.
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About The Author

Swati Verma
Swati Verma is a business journalist with over 11 years of experience. She writes on equities, corporate earnings, sectoral trends, and industry outlook, among others. At Upstox, she leads financial markets coverage.

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