The GIFT Nifty Futures were trading 0.1% higher on Tuesday’s early trading hours, indicating a flat opening in the domestic indices.    

On Monday, NSE Nifty 50 closed at a record high closing at 19,322.55 points, up by 0.7% or 133 points. S&P BSE Sensex rose 485 points or 0.75% to close at 65,205 after hitting a new all-time high. 

Here’s a list of stocks to Watch on 4 July 

Biocon Ltd: A Biocon subsidiary, Biocon Biologics Ltd (BBL), announced on Monday that HULIO® injection, a biosimilar to Humira®, is now available to patients in the United States.

BBL has also secured multiple biosimilar approvals in over 100 countries across the globe, including the US and Europe.

IDFC Ltd, IDFC First Bank: The board of IDFC First Bank approved its merger with IDFC Ltd and IDFC Financial Holding Company Ltd through a scheme of amalgamation, subject to regulatory approvals. Under the proposed deal, shareholders would get 155 shares of IDFC First Bank for every 100 shares of IDFC Ltd held. 

Bajaj Finance: The non-banking lender recorded a 34% growth in new loans in the first quarter of the fiscal year 2023, from 9.94 million compared to 7.42 million. Its assets under management (AUM) jumped 32% year-on-year to Rs 2.7 trillion as of June 30, with the highest-ever quarterly increase in its AUM of approximately Rs 22,700 crore in Q1FY24. 

Hero MotoCorp: The world’s largest motorcycle and scooter manufacturer has inked a licensing agreement with the iconic American motorcycle maker Harley-Davidson. The new Harley-Davidson X440, co-developed by the two brands, has launched in India, marking their entry into the 440cc segment.

Avenue Supermarts: DMart reported an 18.12% YoY growth in its standalone revenue from operations in the quarter that ended June 30, 2023, with the highest ever first-quarter at Rs 11,584.44 crore. The retail chain operator said that the total number of stores was 327.

Vedanta: The Anil Agarwal-led mining company reported a 2% YoY increase in cast metal aluminium production due to efficiency in the operations and an 18% YoY decrease in alumina production at the Lanjigarh refinery. Its overall Zinc overall production increased 1% YoY and 9 per cent QoQ in Q1FY24, primarily driven by the Black Mountain mine (BMM).