The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.54% lower by 126.50 points at 24,322, indicating that the domestic benchmark indices are likely to make a negative start on Monday. 

On Friday, 15 October, Domestic benchmark indices S&P BSE Sensex slumped 110.65 points or 0.14% to end at 77,580.31 while the Nifty50 traded 26.35 points lower or 0.11% and settled at 23,532.70.

Here are some stocks that are likely to remain in focus on 18 October.

Hindustan Zinc: The world’s second-largest zinc producer has secured a composite licence for a gold mining block in Rajasthan via a state government auction. They have been named the preferred bidder for the Dugocha gold block. 

Reliance Industries: Disney and Reliance have finalised their joint venture (JV) to establish a unified entertainment brand in India, which will be valued at Rs 70,352 crore. In this entity, Nita Ambani will assume the role of Chairperson. 

Honasa Consumer: In its quarterly earnings for July-September, the company reported a net loss of Rs 18.6 crore for the quarter under review, while the company reported a net profit for the same quarter last year. 

Adani Total Gas: GAIL has announced that it will reduce its gas supply to the company by 13%. This reduction in gas supply will negatively impact profitability, and plans have been announced to adjust retail prices to mitigate the effect on consumers. 

PNB Housing Finance: BNP Paribas Financial Markets has announced acquiring a 0.05% stake in the company, acquiring shares at an average price of Rs 914.75 per share. 

Cyient: The company has announced the expansion of its partnership with Allegro MicroSystems Inc. to develop next-generation magnetic sensors and power semiconductor products for the automotive industry.

Hero MotoCorp: The company’s net profit for the quarter ended 30 September stood at Rs 1,203.5 crore, marking a 14.2% year-on-year (YoY) increase from Rs 1,053.8 crore reported in the same quarter last year. 

Glenmark Pharma: In the quarter ended 30 September, the company reported a net profit of Rs 354 crore (nearly $42 million), which is a significant increase from a net loss of Rs 81.95 crore reported in Q2FY24.

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