Several stocks are drawing attention from investors and analysts alike. Here's a look at the recent developments surrounding Wipro, Maruti Suzuki, SBI, Bank of Baroda, Nazara Tech, and NTPC:

Wipro: Wipro has been in the news recently due to significant activity among its promoter group entities. Approximately 1.72% of the company's stake, equivalent to 18.05 crore shares, was exchanged through open market transactions. The Azim Premji Trust sold these shares at an average price of ₹258.99 per share, amounting to ₹4,674.77 crore. The buyers included Prazim Traders and Zash Trader, both part of Wipro's promoter group. This follows a similar transaction earlier in the week where the Azim Premji Trust offloaded 20.23 crore shares worth ₹5,057 crore. Wipro's share price has seen some appreciation following these transactions, closing at ₹258.95 on the BSE. From a technical perspective, Wipro is showing signs of recovery after a 22% drop from its January 2025 high, finding support above its 200-week exponential moving average. Analysts suggest short-term traders consider buying on dips, targeting ₹265 in the coming weeks.

Maruti Suzuki: Maruti Suzuki is facing headwinds due to supply chain constraints, specifically shortages of rare earth materials. The company has reduced its short-term production target for its upcoming electric vehicle, the e-Vitara, by two-thirds. Initially planning to manufacture 26,500 units between April and September, it now aims for approximately 8,200 units. However, the company intends to ramp up production in the second half of the financial year to meet its overall output target of 67,000 EVs for the year ending March 2026. Despite these challenges, Maruti Suzuki's stock has shown resilience, rising 2.4% in the last five trading sessions. Technical analysis suggests a range for the stock, with ₹12,200 as strong support and a potential for positive momentum if ₹12,700 is breached.

SBI (State Bank of India): SBI is in focus due to a combination of factors, including positive analyst ratings and news around workforce expansion. SBI Cards & Payment Services has experienced a rally, exceeding 15% in a month and reaching new 52-week highs. Experts suggest the stock's uptrend may continue, recommending a buy for short-term traders with a target of ₹1025-1045 within the next 1-2 months. SBI has also revised its credit growth expectations upward and is focused on skill development programs for its workforce. The stock is moving sideways today with a high of 820.60 and low of 813.05.

Bank of Baroda: Bank of Baroda is seeing mixed sentiments. The company has bid for Jet Airways' office space in Mumbai and has also reduced repo-linked interest rates. However, Nomura cut Bank of Baroda stock rating, lowers price target. Bank of Baroda's share price was down by 1.78% from the previous closing price. Technically, a sell signal has emerged for Bank of Baroda, with a 20-day moving crossover appearing, historically leading to an average price decline of -3.1% within 7 days.

Nazara Technologies: Nazara Technologies is in the spotlight following a stake trimming by ace investor Rekha Jhunjhunwala, who offloaded 17.38 lakh shares between June 2 and June 6. This reduced her ownership in the company from 7.05% to 5.07%. The company's Q4 results showed a net profit of ₹4 crore, a significant increase compared to the previous year, with operational revenue surging to ₹520 crore. Furthermore, Plutus Wealth Management and others have floated an open offer to acquire a 26% stake in Nazara Tech for ₹2,384 crore, with the offer price set at ₹990 per share. The company's Committee of Independent Directors has deemed the open offer "fair and reasonable."

NTPC: NTPC is focusing on expansion and has raised $750 million through External Commercial Borrowing (ECB) to fund its growth plans, particularly in renewable energy. NTPC Green Energy, the company's renewable energy arm, reported a three-fold rise in consolidated net profit. Technically, NTPC is showing bullish signals, with a 20-day moving crossover and a daily MACD crossover appearing recently. Analysts maintain a 'Buy' rating on the stock.

Disclaimer: This analysis is based on recent news and technical data. It is essential to conduct thorough research and consult with a financial advisor before making any investment decisions.