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

The benchmark equity indices, NSE Nifty 50 and S&P BSE Sensex extended their winning streak for the fifth day after recovering from losses in the early trading hours. The Sensex ended the volatile session at 66,265.56 points, gaining nearly 385 points or 0.58%, while the Nifty added 0.59% or 116 points to close at 19,727.05. 

Here are some stocks likely to remain in focus on September 8.

Landmark Cars: The auto retail company has inked a Letter of Intent (LoI) with Mahindra and Mahindra (M&M) for opening a dealership in Howrah, West Bengal, in one of its wholly owned subsidiaries, Landmark Mobility Private Limited. This business will include the sales and after-sales services of Mahindra’s Personal, Pickup and Supro range of vehicles in Howrah, Hooghly, Kolkata, North 24 Parganas and South 24 Parganas.

Larsen and Toubro (L&T): The engineering company will likely get orders worth nearly $3.9 billion in separate contracts from Saudi Aramco as part of the latter’s $10 billion expansion at its Jafurah unconventional gas production project in Saudi Arabia. 

Mazagon Dock Shipbuilders (MDL): MDL has signed a non-financial Master Ship Repair Agreement (MSRA) with the US Government, represented by NAVSUP Fleet Logistics Center (FLC) Yokosuka. The agreement is expected to open up voyage repairs of US Navy Ships at MDL. 

ONGC: The Ministry of Petroleum-owned company will infuse Rs 15,000 crore in ONGC Petro-additions Ltd (OPaL) as part of a financial restructuring exercise. ONGC currently holds a 49.36% stake in OPaL, GAIL (India) Ltd has 49.21% ownership, and Gujarat State Petrochemical Corp (GSPC) has the remaining 1.43%. The deal will see GAIL being edged out of the petrochemical firm. 

Tejas Networks: Tejas Networks has received the mobilisation advance of Rs. 750 crore from Tata Consultancy Services (TCS) for the Rs 7,492 crore (excluding GST) Master Contract towards support and annual maintenance services of Radio Access Network equipment for BSNL’s Pan-India 4G/5G network. 

Shemaroo Entertainment: The Central Goods and Services Tax (CGST) and Central Excise Department detained three of the company’s top executives, CEO Hiran Gada, joint managing director Atul Maru and chief financial officer (CFO) Amit Haria, in connection with the case of fraudulently claiming Input Tax Credit (ITC) of Rs 70.25 crore. The CGST and Central Excise Department searched Shemaroo’s premises on September 05, 2023.