The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.29% higher by 73 points at 25,560 indicating that the domestic benchmark indices are likely to make a positive start on Friday. 

On Thursday, 19 September, Domestic benchmark indices S&P BSE Sensex jumped 236.57 points or 0.29% to end at 83,184.80 while the Nifty50 traded 38.25 points higher, and settled at 25,415.80.

Here are some stocks that are likely to remain in focus on 20 September.

NTPC: NTPC Green Energy Ltd, the company’s green energy subsidiary, has filed for IPO papers to raise Rs 10,000 crore.  

Phoenix Mills: The Wholly-owned subsidiary of the company, Casper Realty Private Ltd, has emerged as the lowest bidder (L1) for two prime plots in Mohali, Punjab. Located in Sector 62, YPS Chowk, Sahibzada Ajit Singh Nagar (Mohali), the plots together cover approximately 13.14 acres.

Infosys: The IT major has announced their plans to invest around Rs 17 crore in GalaxEye Space Solutions PPrivate Limited, which is a spacetech startup. 

Reliance Infrastructure: The Board of Directors have approved the issuance of around 12.56 crore equity shares or warrants convertible into equity shares at an issuance price of Rs 240 per share on a preferential basis. 

Tata Power: The company is engaged in a legal dispute with Adaro International (Singapore) Pte over a coal supply agreement signed in August 2020 for the Trombay power plant. 

IIFL Finance: The Reserve Bank of India (RBI) has lifted restrictions on the company’s gold loan business, after the RBI imposed a restriction on 4 March 2024, preventing the company from sanctioning, disbursing, and selling its goal loans. 

Indian Overseas Bank: The company announced its plans that they have received an order from the Income Tax Department under the Section 250 of the Income Tax Act 1961, for a refund of Rs 123.87 crore. 

Hero MotoCorp: The company has announced its plans to launch e-scooters under its Vida brand in France, Spain, and the UK by mid 2025.

IDFC First Bank: The company has received approval from the RBI to re-appoint V. Vaidyanathan as Managing Director and CEO of the company, effective from 19 December 2024.

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