Stocks To Buy or Sell Today, September 3, 2026: ICICI Bank, Meesho and Pine Labs Among Shares That May Remain in Focus on Thursday
Indian equities fell for a third straight day on September 2 amid weak global cues and rising oil prices. Focus shifts to key stocks on September 3, including ICICI Bank, Meesho, Power Grid, HUDCO, Pine Labs, and Hexaware, driven by major corporate deals and leadership changes. Scroll below to know more.
Indian stock markets declined for the third consecutive day on Wednesday, September 2, weighed down by weak global equities and rising oil prices amid escalating conflict in West Asia. The BSE Sensex fell 373.93 points to settle at 76,570.35, while the NSE Nifty dropped 141.35 points to end at 23,914.45, dragged by selling in auto, IT, and banking shares. That said, stocks of several companies will be in the spotlight today, September 3, as the stock market opens for business.
Investors and traders will be looking forward to buying and selling stocks during Thursday's trading session. As investors and stock market enthusiasts prepare for buying and selling shares, scroll below to know the names of stocks that are expected to be in the spotlight during today's rading session. According to a report in CNBC TV18, shares of ICICI Bank, Meesho, Power Grid, HUDCO, Pine Labs, and Hexaware Technologies are among the list of stocks to watch out for today, September 3. Scroll below to why the above-mentioned stocks are in focus. Stock Market Holidays in August 2026: Full List of NSE and BSE Closures.
ICICI Bank Limited (NSE: ICICIBANK)
A leading private sector bank has increased its stake in ICICI Prudential Life Insurance Company by acquiring an additional 2 per cent for approximately INR 1,470 crore, raising its total shareholding to about 52.8 per cent. The acquisition involved the purchase of 2.90 crore shares through stock exchange transactions executed in multiple tranches between July 22 and September 2.
Meesho Limited (NSE: MEESHO)
SoftBank is reportedly planning to divest a 1.5 per cent stake in e-commerce firm Meesho by offloading 7 crore shares through a block deal valued at approximately INR 1,435 crore. The transaction is structured with a floor price of INR 205 per share, representing a discount of up to 3.12 per cent compared to the stock's prevailing market price.
Power Grid Corporation of India Limited (NSE: POWERGRID)
Rajasthan REZ has issued a Letter of Intent (LoI) valued at INR 3,244.33 crore to the company for the establishment of an inter-state transmission system.
Housing & Urban Development Corporation Limited (NSE: HUDCO)
The financial services firm has signed a Memorandum of Understanding (MoU) with the Bihar government to extend INR 25,000 crore in financial assistance over a five-year period. The capital will be channeled into industrial infrastructure development, specifically backing land acquisition and associated projects across the state.
Pine Labs Limited (NSE: PINELABS)
Alpha Wave Ventures offloaded a 3.1 per cent stake in Pine Labs consisting of 3.55 crore shares through a block deal on the NSE, raising INR 550 crore at an average price of INR 55.1 per share. Institutional buyers, including ICICI Prudential Life Insurance, Societe Generale, Goldman Sachs Investments Mauritius, and Viridian Asia Opportunities Master Fund, collectively absorbed roughly 2.61 crore shares of the total offering. Why Is the Stock Market Down Today, September 2, 2026?
Hexaware Technologies Limited (NSE: HEXT)
Srikrishna Ramakarthikeyan is stepping down as CEO and whole-time director effective October 28, transitioning into a senior advisory role with the company. The board has appointed Vivek Jetley to succeed him as CEO, taking charge on the same date.
As domestic equity markets navigate external pressures from global headwinds and geopolitical tensions, corporate developments and strategic realignments are expected to drive selective stock action. Market participants will closely monitor how these key corporate updates, block deals, and institutional investments influence investor sentiment in the upcoming trading sessions.
(Disclaimer: The information provided in this article is based on news reports and is not intended as investment advice. Investing in stocks involves risk. LatestLY advises its readers to consult with a financial advisor before making any investment decisions.)
(The above story first appeared on LatestLY on Sep 03, 2026 08:00 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
