The GIFTY Nifty futures were trading negatively during the early hours before the opening of the markets on Friday. Domestic Indices are expected to open in a flat-to-negative range in line with the GIFT Nifty futures reacting to the Q1-FY24 GDP data. 

The benchmark equity indices, NSE Nifty 50 and S&P BSE Sensex, ended their 3-day winning streak on Thursday. The Sensex was down 0.39% or 255.84 points at 64,831.41, while the Nifty 50 fell 93.65 points or 0.48% to 19253.8.

Here’s a list of stocks to watch on September 1:

Container Corporation of India: CONCOR announced that its director of international marketing and operations will take over as the chairman and managing director of the institution with effect from October 1.

Five-Star Business Finance: According to reports, Private equity investors Matrix Partners, TPG Asia, and Norwest Ventures are looking to sell about 8.8% stake in Five-Star Business Finance Ltd via a block deal at an offer floor price of Rs 724 per share, a near 5.5% discount from its closing price on Thursday. 

Jio Financial Services Ltd (JFSL): JFSL will be removed from all BSE (Bombay Stock Exchange) indices, including the blue-chip Sensex, on Friday, September 1, the BSE announced. The scrip, however, will still trade on the NSE Nifty 50 index. 

Genus Power Infrastructure: The company’s wholly-owned step-down subsidiary has received a letter of award (LA) worth Rs 2,247.37 crore for providing advanced metering infrastructure services, supply, installation, and commissioning of 24.18 lakh smart meters. 

Torrent Pharma: Torrent Pharma has reportedly submitted a non-binding bid to acquire the promoter family’s stake in the pharmaceutical giant Cipla. Torrent Pharma will likely decide on a binding offer in the coming weeks. It is intensifying its efforts to secure financing and will probably hold talks with private equity companies and foreign institutions.

ITD Cementation India: The company has secured a marine contract worth approximately Rs 3,290 crore net of taxes.