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Looking for stocks to watch today? Stock picking is getting a little tougher in the current market, with only a handful of names really moving, but three stand out technically: GE Vernova T&D India, MCX, and Divi's Laboratories. On the index front, Nifty today is showing early signs of weakness near its 200-DMA, while Bank Nifty today is consolidating with a slightly negative bias.
This is today's edition of Trader's Breakfast, Swastika Investmart's daily stock market update today briefing, your share market news live and technical analysis today; watch and read before the opening bell.
Key Takeaways
- Today's stocks to watch, GE Vernova T&D India, MCX, and Divi's Laboratories, are flagged as portfolio-worthy names, not just trading bets.
- GE Vernova T&D shrugged off weak Q1 results and is building a solid base, in line with the broader bullish view on the data centre and AI theme.
- MCX could see a gap-up open today on FPI/FII commodity trading access and a bullish JPMorgan report.
- Nifty today is showing early weakness near its 200-DMA, with 24,428–24,367 as immediate support.
- Bank Nifty today remains in consolidation with a slightly negative bias.
Watch Today's Complete Market Outlook
Catch the full technical breakdown and stock-specific view in today's Trader's Breakfast with Santosh Meena, Head of Research, Swastika Investmart.
Stocks to Watch Today
GE Vernova T&D India
With a broader bullish view on India's data center and AI theme, GE Vernova T&D India's recent Q1 results came in weak, yet the stock didn't react negatively and is building a good base instead. A similar bullish call was made on ABB from the start of 2026, and GE Vernova T&D India could follow a similar outperformance path, given reports of a strongly bullish outlook from its global parent company on the data center theme.
Technical View (as discussed in today's Trader's Breakfast):
- Risk-reward is favourable at current levels.
- A good base has already formed on a positional basis around ₹4,000.
- Immediate target: ₹4,700, and the stock could pause a bit around this level.
- Once ₹4,700 is crossed, fresh highs could follow.
- Flagged more as a positional pick, though the structure could support some intraday moves too.
MCX
Commodities have now been opened up to FPI participation, allowing FIIs to trade in the segment. With traders finding less excitement in Nifty options (due to rising STT and more trading systems), business activity is shifting toward commodities, where volatility and options participation are picking up, a direct positive for MCX. Fresh FPI entry into commodities adds to the tailwind.
Technical View:
- Stock could see a gap-up opening today.
- A bullish JPMorgan report on the stock came out today.
- Flagged as a portfolio stock, expected to outperform from here.
Divi's Laboratories
Divi's Laboratories is in strong momentum, having shown a pullback before forming a fresh flag formation and gearing up for further upside.
Technical View:
- Could show levels up to ₹8,800 today.
- May see some consolidation/pause around the ₹8,800 level, worth keeping an eye on.
- Structure looks strong, with the stock already delivering a 34% return this year (CY2026 YTD).
- Flagged as a portfolio stock for long-term wealth creation, not just a short-term trade.
Stocks in News Today
Here are today's key stocks in news, covering major corporate developments and order wins:
- Saatvik Green: Secured a ₹400 crore order from an EPC player for the supply of solar PV modules.
- Zydus Life: Its arm Sentynl entered a pact with Mereo BioPharma for commercial and manufacturing rights of Alvelestat; Mereo is eligible for up to USD 40 million under the agreement.
- BEML: Received a ₹184 crore order from HAL to supply Light Combat Helicopter fuselage aerostructures.
- Firstsource Solutions: Entered a partnership with Cresta to deliver AI technology solutions.
Market Setup Today (12 August 2026)
Here's today's market outlook at a glance, global cues, FII DII data today, and the India VIX today reading:
Global Markets
- US markets ended lower (Dow Jones -184 points).
- Dow Futures trading flat, down ~2 points.
- Asian markets trading on a mixed note.
- GIFT Nifty: +22 points.
FII/DII Data (Cash Market)
- FII: +₹258 crore
- DII: +₹25 crore
- Net: +₹283 crore
Interpretation: FIIs created a short position in index futures, while options data isn't very useful today due to the weekly expiry in F&O.
Technical Outlook: Nifty & Bank Nifty Today
Today's technical analysis for the two key benchmarks:
Nifty (Spot)
- Showing some signs of weakness near its 200-DMA.
- 24,428–24,367 is an immediate support zone, with 24,200 as the next support level.
- 23,500–23,600 has now become an immediate supply zone.
Bank Nifty (Spot)
- Still consolidating, with a slightly negative bias.
- 57,000 is immediate support, with 56,500 and 56,000 as the next support levels.
- 57,600, 58,000, and 58,300 are the immediate resistance levels.
Q1 Results Today: 12 August 2026
F&O Stocks: Apollo Hospitals, Astral, GMR Airports, Grasim Industries, HAL, Petronet LNG.
Frequently Asked Questions
Why is GE Vernova T&D India in focus today?
Despite weak Q1 results, the stock didn't react negatively and is building a good base, in line with a bullish view on India's data center and AI theme and the global parent company's bullish outlook. It has an immediate target of ₹4,700 off a ₹4,000 base, with fresh highs possible once ₹4,700 is crossed.
Why is Divi's Laboratories on the radar today?
The stock is in strong momentum, having formed a fresh flag pattern after a pullback, with potential to touch ₹8,800 today (possible pause there). It has already delivered a 34% return this year and is viewed as a long-term portfolio stock.
What are Nifty's key support and resistance levels today?
Nifty is showing some weakness near its 200-DMA, with 24,428–24,367 as immediate support, 24,200 as the next support, and 23,500–23,600 now acting as a supply zone.
What are Bank Nifty's key levels today?
Bank Nifty remains in consolidation with a slightly negative bias, support at 57,000, then 56,500/56,000, with resistance at 57,600, 58,000, and 58,300.
What is today's FII/DII data?
FIIs were net buyers at +₹258 crore, and DIIs bought a net +₹25 crore, taking net cash market flows to +₹283 crore.
Which companies are announcing Q1 results today?
Key F&O names reporting today include Apollo Hospitals, Astral, Grasim, HAL, and Petronet LNG, alongside other companies like IRCTC, Lenskart, and Abbott India.
Over to You
Stock selection is getting trickier in the current market, but GE Vernova T&D India, MCX, and Divi's Laboratories stand out as names worth tracking, not just for trades, but as potential long-term portfolio holdings. On the index side, Nifty is flashing early signs of weakness near its 200-DMA, while Bank Nifty stays in a cautious consolidation phase.
As always, track price action around key support and resistance levels, follow the broader market outlook, and apply disciplined risk management before taking any trading or investment decision. For more stocks to watch today, stock market news today, and share market news live, keep following Swastika Investmart's Trader's Breakfast.
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