The GIFT Nifty futures were trading in the red before the market’s opening on Monday. Indices are expected to open on a similar flat-to-negative note.

Domestic benchmark indices, NSE Nifty 50 and S&P BSE Sensex settled higher for the second consecutive day on Friday. Nifty jumped 52.20 points or 0.25% to settle at 72,026.15, while Sensex ended 178.58 points or 0.25% higher at 72,026.15.

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

Godrej Industries: The chemical division of the Godrej Group-holding company has signed a non-binding Memorandum of Understanding (MoU) with the Government of Gujarat, planning to invest Rs 600 crore over the next four years in the significant expansion of Valia.

Bank of Baroda: The public sector bank reported a 13.6% year-on-year (YoY) increase in its global advances at Rs 10.49 lakh crore, while its deposits stood at Rs 12.45 lakh crore, up 8.3% YoY.

Federal Bank: The private sector bank has been requested by the Reserve Bank of India (RBI) to submit at least two fresh names for the position of Managing director (MD) and Chief Executive Officer (CEO) of the bank.

Reliance Power: The Anil Ambani-led company has entered into a settlement agreement with DBS Bank India to settle all its obligations with respect to its borrowings.

Marico: The FMCG company reported a low single-digit decline in consolidated revenue on a YoY basis in Q3, while its operating profit saw a low double-digit growth. Marico expects a low single-digit jump in domestic volumes for the December quarter. 

Jupiter Wagons: The railway wagons manufacturer has bagged a Rs 100 crore order from a leading automobile manufacturer to manufacture and supply four rakes of double-decker automobile carrier wagons.

TVS Motor Company: The two-wheeler manufacturer has signed a MoU with the Tamil Nadu government, committing to invest Rs 5,000 crore over the next five years and planning to generate employment for 500 individuals. The agreement also includes facilitation and support from the Government of Tamil Nadu.