Stocks in focus: Alkem Labs, Vedanta, Canara Bank, NHPC, and Adani Ports see corporate action

Indian stock markets closed higher on weekly expiry day despite volatility, with Nifty showing signs of recovery but facing resistance. Key stocks like Alkem Labs, Vedanta, Canara Bank, NHPC, and Adani Ports are in focus due to significant corporate developments including block deals, ED visits, capital raising plans, oversubscribed OFS, and strong cargo volumes. Alkem Labs saw block deals worth Rs 930 crore, Vedanta reported ED visits, Canara Bank plans Rs 8,500 crore debt raise, NHPC's OFS was oversubscribed, and Adani Ports reported strong May cargo volumes.