Benchmark indices, BSE S&P Sensex and NSE Nifty50 Benchmark indices had a volatile trade day on Thursday before closing in the red. Sensex hit a new high on open but quickly pared its gains, settling 0.45% lower at 63,238.89. Nifty 50 gave up the 18,800 level to end 0.45% at 18,771.25. 

During Friday’s early trading session, SGX Nifty recorded a 0.5% loss at 18,720 levels, indicating a slashed opening for domestic indices. 

Here’s a look at stocks that are likely to remain in the news in Friday’s trade back home:

Landmark Cars: TPG Capital plans to offload its 11% stake or nearly 44 lakh equity shares in auto retailer Landmark Cars, valued at about Rs 300 crore, in a block deal on Friday. In pre-open, 1.88% equity or 7.5 lakh shares changed hands in multiple block deals.

Oil and Natural Gas Corporation (ONGC): The state-owned corporation said on Thursday that the Panna oilfield in the Arabian Sea, which is part of ONGC’s Bassein & Satellite (B&S) asset of western offshore, has been successfully linked to shore through a sub-sea pipeline, saving $43,000 a day that was previously incurred in transporting crude oil through ships. 

PTC India Financial Services Ltd (PFS): The newly appointed Director (Finance) of PFS is taking over the responsibilities of the MD and CEO Pawan Singh, as he has been asked by the Reserve Bank of India (RBI) asked Pawan Singh, MD & CEO, to go on leave. PFS has already initiated the process of selecting a new MD & CEO. 

Vedanta: The media reports stating that Vedanta is planning to sell its Sterlite Copper Plant in Thoothukudi, Tamil Nadu, have been deemed ‘wrong, baseless and incorrect by the company. 

Aether Industries: Aether Industries has approved the issue and allotment of 80.12 lakh equity shares to 36 qualified institutional buyers, including Axis Mutual Fund, SBI Mutual Fund and Edelweiss Mutual Fund, at the issue price of Rs 936, aggregating to Rs 749.99 crore. 

Tata Power: According to reports, the company plans to raise Rs 2,500 crore by selling some of its assets overseas, including hydro assets in Zambia and two coal mines in Indonesia.

Paytm: Arunachal Pradesh Innovation and Investment Park (APIIP) inked an MoU with Paytm to create a startup ecosystem for the youth in the state, wherein the Paytm Incubation Centre would provide products to early-age startups at a discounted price.