Stock Picks to Watch Today: Top Shares GMR Airports, Kotak Mahindra Bank and L&T Finance for 24 Feb

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Indian equity markets are expected to witness selective stock-specific action on February 24, with analysts tracking momentum in airport infrastructure, private banking and non-banking financial stocks. Among the counters drawing attention in early trade are GMR Airports Infrastructure, Kotak Mahindra Bank and L&T Finance. The focus on these names comes amid ongoing sector rotation, institutional flows and technical signals that have placed them firmly on traders’ watchlists.

GMR Airports Infrastructure Limited is among the infrastructure stocks being closely monitored. The company operates key airports in India and overseas, and has benefited from the structural recovery in passenger traffic over the past few years. Aviation demand has steadily improved alongside domestic travel growth and international route expansion, supporting revenue visibility for airport operators.

From a market perspective, the stock has shown renewed buying interest in recent sessions. Technical indicators such as the Relative Strength Index have moved higher, signalling improving short-term momentum. The counter has traded within a wide 52-week range, reflecting both volatility and opportunity, and remains sensitive to broader market sentiment. Investors tracking infrastructure themes are watching whether the stock sustains above near-term resistance levels in the coming sessions.

In the banking segment, Kotak Mahindra Bank continues to feature prominently in stock recommendations. One of India’s leading private sector lenders, the bank has maintained steady financial performance despite a competitive credit environment. In its most recent quarterly results, the lender reported growth in net profit supported by loan expansion and stable asset quality metrics, even as margins remained under close scrutiny amid evolving interest rate dynamics.

Banking stocks have seen intermittent volatility as investors assess global rate signals and domestic liquidity trends. However, Kotak Mahindra Bank’s capital position and diversified portfolio have helped sustain investor confidence. Analysts note that the bank’s conservative provisioning approach and focus on retail and corporate lending segments position it to navigate cyclical fluctuations. Market participants are now watching for follow-through buying and sustained volume support as the stock tests technical levels.

The non-banking finance space is also in focus, with L&T Finance Limited emerging as a stock to track. The company, which operates across retail and wholesale lending segments, has been restructuring its portfolio in recent years to focus more sharply on retail lending and improve asset quality. This strategic shift has coincided with improving profitability metrics and investor interest in the NBFC segment.

L&T Finance has delivered strong returns over multiple time frames, reflecting renewed optimism in credit growth prospects. The stock has also attracted attention following developments related to global index inclusions, which can potentially lead to incremental passive inflows from institutional investors. While NBFCs remain sensitive to funding costs and macroeconomic trends, improved credit demand and disciplined balance sheet management have supported the sector’s recovery narrative.

The broader market backdrop remains mixed. Benchmark indices have been moving in response to global cues, foreign institutional investor flows and sector-specific triggers. Banking and financial stocks continue to play a pivotal role in driving index performance, while infrastructure names are seen as long-term beneficiaries of capital expenditure cycles and rising travel demand.

Market experts caution that while technical setups may indicate short-term opportunities, volatility remains a defining feature of current trading conditions. Interest rate expectations, global commodity prices and domestic policy developments could influence sentiment across sectors. As a result, traders are advised to combine technical signals with prudent risk management strategies.

For February 24, GMR Airports Infrastructure, Kotak Mahindra Bank and L&T Finance stand out as closely watched counters across infrastructure, private banking and NBFC segments. Their performance in today’s session may provide cues not only for sectoral direction but also for the broader tone of the market in the days ahead.

Also Read : https://newsproton.com/pace-digitek-stock-surges-after-%e2%82%b9158-crore-order-win-what-investors-should-know/

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