The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 80 points or 0.33% lower at 24,492.50, indicating that the domestic benchmark indices are likely to make a negative start on Thursday. 

On Wednesday, 6 November, Domestic benchmark indices S&P BSE Sensex surged 901.50 points or 1.13% to end at 80,378.164 while the Nifty50 traded 270.75 points higher or 1.12% and settled at 24,484.05.

Here are some stocks that are likely to remain in focus on 7 November.

Quarterly Results Today: State Bank of India, Tata Motors, Power Finance Corporation, Ashok Leyland, Aarti Industries, Bajaj Hindusthan Sugar, Life Insurance Corporation of India, Vedanta, Ola Electric Mobility, Dreamfolks Services, Equitas Small Finance Bank, Fine Organic Industries, Latent View Analytics, Metropolis Healthcare, MRF, Samhi Hotels, Tracxn Technologies, and Whirlpool of India are some of the prominent companies that are set to release their quarterly earnings for July-September. 

Cochin Shipyard: In its quarterly earnings for July-September, the company reported a slight decline in net profit to Rs 193 crore, which is lower than the Rs 200 crore net profit reported in the same quarter last year. 

Brigade Enterprises: The company has announced signing a Joint Development Agreement for developing 1 million square feet of residential apartments in West Chennai, which has a Gross Development Value of around Rs 800 crore. 

Mahanagar Gas: The company has announced entering into a partnership with International Battery Co, India Pvt Ltd for cell manufacturing. 

Steel Authority of India: The company’s net profit stood at Rs 897.2 crore, marking a 31% year-on-year (YoY) decrease for the quarter ended 30 September compared to Rs 1,305.6 crore reported in the same quarter last year. 

Rail Vikas Nigam: The revenue of the company saw a marginal decline by 1.2% YoY to Rs 4,855 crore compared to Rs 4,914.3 crore reported in the same quarter of the previous fiscal year. 

Lupin: The company’s net profit stood at Rs 852.6 crore, marking a 74.1% YoY increase for the quarter ended 30 September compared to Rs 489.7 crore reported in the same quarter last year. 

Wipro: The company has launched the ‘Google Gemini Experience Zone’ in Bengaluru to drive AI innovation for enterprises. 

Adani Enterprises: The company has received approval from the National Company Law Tribunal (NCLT) in Ahmedabad for the merger of its subsidiary Stratatech Mineral Resources Pvt Ltd with Mahan Energen Ltd, which is a crucial step towards restructuring the company’s operations. 

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