The GIFT Nifty futures were trading in a flattish range before the market’s opening on Thursday. Indices are expected to open on a similar flat note.

Domestic benchmark indices NSE Nifty 50 and S&P BSE Sensex traded volatile during the presentation of the Interim Budget before ending lower on Thursday. Sensex dipped 106.81 points or 0.15% to 71,645.30, while the Nifty 50 closed 28.25 points or 0.13% lower at 21,697.45.

Here are some stocks that are likely to remain in focus on February 2.

One 97 Communications (Paytm): The management of the parent company of Paytm, during an analyst call on Thursday, said that the Reserve Bank of India’s (RBI) actions were a big speed bump and that work has been started for some operational changes that would be required. Paytm will pause the origination of new loans for a couple of weeks.

Gokaldas Exports: The apparel manufacturer will acquire 100% of the equity share capital of Matrix Design & Industries for Rs 489 crores, out of which Rs 247.5 crores is being paid by way of preferential allotment of shares of Gokaldas Exports through a share swap. 

Mahanagar Gas Ltd (MGL): The city gas distributor has acquired a 100% stake in the equity share capital of Unison Enviro for a cash consideration of Rs 562.09 crore. After this first-ever strategic acquisition, Unison Enviro will become a wholly-owned subsidiary of MGL.

Panacea Biotech: The United States Food & Drug Administration (USFDA) has classified the facility of the pharma company’s subsidiary Panacea Biotec Pharma in Baddi, Himachal Pradesh, as ‘official action indicated’.

PB Fintech (PolicyBazaar): Singapore-based sovereign wealth fund Temasek Holdings sold its entire 5.42% stake in the parent firm of PolicyBazaar for Rs 2,425 crore through open market transactions. Its wholly-owned subsidiary Claymore Investments (Mauritius) Pte Ltd sold the shares in three tranches at an average price of Rs 992.8 per share. 

Companies announcing their Q3FY24 Results today: Alkyl Amines Chemicals, Bank Of India, Bikaji Foods International, Century Plyboards, Dalmia Bharat Sugar and Industries, Delhivery, Devyani International, Dhanlaxmi Bank, HG Infra Engineering Ltd, Indiabulls Enterprises, Interglobe Aviation, JSW Infrastructure, LIC Housing Finance, Mahindra Holidays and Resorts India, Metropolis Healthcare, Ram Ratna Wires, RateGain Travel Technologies, Tata Motors, Titagarh Rail Systems, Torrent Pharmaceuticals and Whirlpool of India, among others.