The GIFT Nifty futures were trading in the red before the market’s opening on Wednesday. Indices are expected to open on a similar negative note.
Domestic benchmark indices, NSE Nifty 50 and S&P BSE Sensex, snapped their five-day winning streak on Tuesday amid weak global trends. Sensex dropped by 0.27% or 199.17 points to 73,128.77, while Nifty ended 65.15 points or 0.29% lower at 22,032.30.
Here are some stocks that are likely to remain in focus on January 17.
Godrej Properties: The real estate company has acquired an additional one acre of land in Yeshwanthpur, Bengaluru, with a developable potential of approximately 1.40 lakh square feet of saleable area.
G R Infraprojects: GR Kasganj Bypass, a wholly-owned subsidiary of the construction engineering company, has successfully executed a concession agreement with the National Highways Authority of India (NHAI) for a project worth Rs 1,085.5 crore to develop highways in Uttar Pradesh.
Indian Renewable Energy Development Agency (IREDA): The public sector financial services company has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank to facilitate co-lending in green energy financing nationwide.
PNC Infratech: The infrastructure development and construction company has received a Letter of Award from the Madhya Pradesh Road Development Corporation for projects worth Rs 1,174 crore for the Western Bhopal Bypass construction.
Rail Vikas Nigam Ltd (RVNL): The Navratna central public sector company has established a 49:51 Joint Venture with Jakson Green Pvt Ltd to explore opportunities for solar power projects in India and abroad. Further, RVNL has incorporated a new subsidiary, RVNL Infra, in South Africa.
Companies announcing their Q3FY24 Results today: Alok Industries, Asian Paints, Happiest Minds Technologies, Hindustan Media Ventures, ICICI Prudential Life Insurance, IIFL Finance, LTIMindtree, Moschip Technologies, Oracle Financial Services Software, Quest Capital Markets, Som Distilleries and Breweries, Speciality Restaurants, Steel Strips Wheels and TechIndia Nirman, among others.
