The GIFTY Nifty futures were trading flat during the early hours before the opening of the markets on Wednesday. Domestic Indices are expected to open on a similar flat-to-negative range amid dismal global cues.

The benchmark equity indices, NSE Nifty 50 and S&P BSE Sensex, continued their winning streak for the fourth straight trading day, despite a volatile trading session. The Nifty jumped 36.15 points or 0.16% to settle at 19,611.05 points, while the Sensex closed at 65,880.52 after adding 0.15% or about 100 points.

Here are some stocks to watch on September 7.

Tata Consultancy Services (TCS): TCS announced that it inked a strategic partnership valued at about $1 billion or £800 million with the digital unit of Jaguar Land Rover (JLR) to transform, simplify, and help manage its digital estate and build a new future-ready, strategic technology architecture that will support the luxury carmaker’s Reimagine strategy.

Biocon: Biocon’s subsidiary, Biocon Biologics Ltd (BBL), announced on Wednesday that the company had completed integrating the acquired biosimilar business from Viatris in North America, effective September 1, 2023. 

Reliance Industries Ltd (RIL): Reliance Retail Ventures Ltd (RRVL), the retail arm of the Mukesh Ambani-led conglomerate, has inked a joint venture (JV) pact with Alia Bhatt’s sustainable kids’ clothing and maternity wear brand, Ed-a-Mamma, for a 51% majority stake. RRVL will closely collaborate with Alia Bhatt while leveraging the management strength of its subsidiary, Reliance Brands, to lead the business. 

REC: The Power Ministry’s Navratna company announced that it had raised $1.15 billion in August in two tranches from a consortium of six banks under REC’s Market Borrowing Programme of Rs 1.20 lakh crore for 2023-24. The company has also inked a Foreign Currency Term Loan Agreement for $100 million with the Export-Import Bank of India (Exim Bank). 

Tata Consumer Products: The Tata Group’s consumer unit refuted reports that it is in talks with Haldiram to acquire a majority stake of 51% in the snacks company.