Stocks to Watch on Monday, August 31, 2026
Monday’s session could see stock-specific action from fresh corporate announcements, MSCI rebalancing and the start of a data-heavy week. Nifty closed at 24,175.65 on Friday, with resistance around 24,200 and support near 23,900, while IT stocks were the strongest sector in Friday’s rebound.
Key Stocks in Focus
- Mahindra & Mahindra (M&M) — In focus following fresh company-related developments and ahead of the monthly auto-sales numbers. Auto stocks could see additional volatility as August sales figures start coming out.
- Cupid Ltd — In focus after a key corporate update; traders may watch the stock for a reaction to the announcement.(Cupid Limited has received in-principle Board approval to establish a manufacturing venture in South Africa with a South African partner)
- Ola Electric Mobility — In focus after recent developments, with the broader EV/auto theme also likely to attract attention ahead of monthly sales data.
- KP Green Engineering — In focus following a corporate development and could see increased trading activity. (On August 28, 2026, KP Green Engineering announced that it had secured new orders worth ₹258.02 crore, including taxes.)
- PVR INOX — In focus following a company announcement, making it one of the stocks to monitor for Monday’s session.(The main reason PVR INOX is in focus for Monday, August 31, 2026, is its proposed share buyback )
- Axiscades Technologies — Company-specific developments could keep the stock on traders’ radar.(AXISCADES announced that it has approved the acquisition of 90% of Cloud Wave Technologies Private Limited for about ₹234 crore, with completion targeted by September 30, 2026.)
- Patel Engineering — In focus following recent corporate developments and infrastructure-sector interest.(August 28 disclosure that it completed the disinvestment of a 32% stake in ACP Tollways Private Limited.)
MSCI Rebalancing — Major Monday Trigger
Adani Energy Solutions, Groww, Reliance Industries and Jio Financial Services deserve special attention because of MSCI index-rebalancing changes taking effect around the month-end. Reports indicate Adani Energy Solutions and Groww could see inflows, while Reliance Industries and Jio Financial Services could face outflows. The adjustment could create significant trading volumes, particularly toward Monday’s close.
IT Stocks
TCS, Infosys, HCLTech, Wipro and Tech Mahindra should remain on the watchlist after the IT sector gained strongly on Friday, helped by positive global technology sentiment and Nvidia-related optimism. The IT index gained about 3.5% on Friday.
Auto Stocks
Keep M&M, Maruti Suzuki, Tata Motors, Bajaj Auto, Hero MotoCorp, TVS Motor and Eicher Motors on the radar. August auto-sales numbers will start driving stock-specific moves from the beginning of September, making Monday’s positioning important.
Stocks From Your Recent Order-News Watchlist
Based on the company announcements you’ve been tracking, I would also keep these names on your Monday watchlist:
- KNR Constructions — ₹157.55 crore GHMC EPC project in Hyderabad.
- Avantel — ₹117.88 crore DRDO contract for a Ground Segment Hub.
- Transformers & Rectifiers India — Large order from MEIL.
- Sterlite Technologies — Approximately $288 million long-term hyperscaler supply agreement.
- Innovision — ₹30.37 crore NHAI toll collection and facility maintenance contract.
These are news-based watchlist stocks, not buy recommendations. The actual market reaction will depend on order size relative to existing business, valuation, liquidity, and broader market sentiment.
My Monday Priority Watchlist
1. Adani Energy Solutions — MSCI inflow
2. Reliance Industries — MSCI outflow
3. Jio Financial Services — MSCI outflow
4. Groww — MSCI-related flow
5. M&M — Auto sales
6. TCS / Infosys / HCLTech — IT momentum
7. KNR Constructions — Fresh ₹157.55 crore order (Click here for more info)
8. Avantel — ₹117.88 crore DRDO order (Click here for more info)
9. Sterlite Technologies — $288 million hyperscaler deal (Click here for more info)
10. Transformers & Rectifiers India — Large MEIL order (Click here for more info)
The broader market remains cautious rather than strongly bullish: Nifty’s immediate technical zone is around 24,200 resistance and 23,900 support, while the week’s major macro triggers include India’s GDP, crude oil, foreign flows and the U.S. jobs report.