Stocks to watch today: Bharti Airtel, Reliance, Vodafone Idea, SBI and more

The GIFT NIFTY (-0.2%) is trading lower, indicating a subdued start for the Indian stock exchanges on Thursday, June 27. The Asian markets were also trading in the red. Japan's Nikkei 225 fell 1%, while Hong Kong's Hang Seng index is down over 1%.

Stocks to watch on June 27

Bharti Airtel: The telecom major acquired 97 Megahertz (MHz) spectrum in the 900 MHz, 1800 MHz, and 2100 MHz frequency bands through the auction for ₹6,857 crore.

Reliance: In the spectrum auction conducted by the government, Reliance Jio acquired additional spectrum in the 1800 MHz band in West Bengal and Bihar for ₹973.63 crore.

State Bank of India: On Wednesday, the country's largest lender raised ₹10,000 crore at a coupon rate of 7.36% via its fifth infrastructure bond issuance. The issue received a strong response from investors with bids in excess of ₹19,884 crore. It was oversubscribed around four times against the base issue size of ₹5,000 crore.

Vodafone Idea: Vodafone Idea acquired 50 MHz of spectrum across low-band and mid-band spectrum (900 MHz, 1800 MHz, and 2500 MHz) in 11 circles at a total commitment of ₹3,510 crore in the spectrum auction concluded on Wednesday.

KEC International: The global infrastructure engineering, procurement and construction (EPC) major has bagged new orders worth ₹1,025 crore in transmission and distribution (T&D) and cables businesses.

AU Small Finance Bank: The Board of AU Small Finance Bank will consider raising funds by issuing shares via qualified institution placement (QIP), private placement, preferential allotment, or any other mode.