The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.35% lower by 90.50 points at 25,433.50, indicating that the domestic benchmark indices are likely to make a negative start on Friday.
On Thursday, 3 October, Domestic benchmark indices S&P BSE Sensex crashed 1,769.19 points or 2.10% to end at 82,497.10 while the Nifty50 traded 546.80 points lower or 2.12% and settled at 25,250.10.
Here are some stocks that are likely to remain in focus on 4 October.
Aarti Drugs: The company’s subsidiary, Pinnacle Life Science, has received a GMP compliance certificate for its manufacturing facility from the UK’s Medicines and Healthcare Products Regulatory Agency (UK MHRA).
Avenue Supermarts: In its quarterly earnings for July-September, the company reported a 14.15% year-on-year increase in revenue to Rs 14,050.32 crore for the second quarter of fiscal 2025 against Rs 12,307.72 crore in the same quarter last year.
HDFC Bank: BNP Paribas Financial Markets has offloaded around 43.75 lakh shares of the bank at an average price of Rs 1,726.2 per share, taking the total transaction value to Rs 755.3 crore.
BSE: The company has announced that the weekly index derivatives contracts on Bankex and Sensex50 will be discontinued, effective on 18 November and 14 November, respectively.
Reliance Power: The Board of Directors of the company have approved raising up to Rs 4,200 crore ($500 million) via unsecured 10-year foreign currency convertible bonds on a private placement basis, which will have an annual interest rate of 5%.
Muthoot Finance: The company has partnered up with Google to offer gold-backed loans via GPay, marking Google’s entry into the financial services sector in India.
Bharat Petroleum Corporation: The company has signed a Memorandum of Understanding (MoU) for developing a green fuel ecosystem at Mumbai Port with a focus on reducing carbon emission and promoting sustainable energy solutions.
Ashok Leyland: The company has entered into a partnership with Nidec Motor Corporation, Japan for developing advanced electric drive systems for commercial vehicles. As a part of the partnership, the company will also establish a Centre of Excellence for Electric Drive Units.
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