The GIFT Nifty futures, which is an early indicator of the Nifty50 index, were trading higher by 387 points at 22,651, indicating that the domestic benchmark indices are likely to make a positive start on Tuesday.
On Monday, 7 April, Domestic benchmark indices S&P BSE Sensex crashed by 2,227 points or 2.95% and settled at 73,138, while the Nifty50 traded 3.24% lower by 743 points, settling at 22,161.
Here are some stocks that are likely to remain in focus on 8 April.
Bharat Electronics: The company has announced that it is signing a contract with the defence ministry to supply an electronic warfare (EW) suite for Mi-17 V5 helicopters of the Indian Air Force for a total consideration of Rs 2,210 crore.
Lemon Tree Hotels: The company has announced a new license agreement for a new hotel property called Keys Prima by Lemon Tree Hotels in Darjeeling, West Bengal. The said property will be managed by its arm, Carnation Hotels and will be operational in FY26.
Brigade Enterprises: The company has entered into a Joint Development Agreement for a residential project covering 10 acres and 37 guntas, with an estimated development potential of approximately 0.37 million square feet. The project carries a gross development value (GDV) of around Rs 225 crore.
KPI Green Energy: The company has cancelled the 66.20 MW hybrid power project order from Sai Bandhan Infinium, which was part of the captive power producer (CPP) segment, citing changes in technical specifications after the order was placed. The termination is not expected to have any significant financial impact on the company.
Global Health: The Medanta group of hospitals has received a proposal from Assam Electricity Grid Corporation Limited (AEGCL), a Government of Assam entity, to acquire a 3-acre land parcel in Guwahati, Assam. The land is intended for the development of a super speciality hospital.
Zee Entertainment: The insolvency plea filed by IDBI Bank against the company over unpaid dues of over Rs 150 crore has been dismissed by the National Company Law Appellate Tribunal (NCLAT).
Mahindra and Mahindra: The company has announced the incorporation of a new wholly-owned subsidiary, Mahindra Advanced Technologies in Mumbai, Maharashtra.
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