Although benchmark indices recovered all the intraday losses and ended on a relatively higher note on Tuesday, they failed to hold on to the opening gain. 

BSE S&P Sensex gained 159 points or 0.25% to settle at 63,327.70. NSE’s Nifty50 went up 61 points or 0.33% to end the session at 18,816.70. The Nifty Bank index had a gain of 0.30% ending at 43,766.50.

Domestic equities are expected to see a muted start to trading on Wednesday amid subdued global cues. During Wednesday’s early trading session, the SGX Nifty futures traded 23.5 points, or 0.12% higher at 18,904.5 

Here’s a look at stocks likely to remain in focus today.

Shilpa Medicare: The board of the pharma company will meet on June 23 to discuss a proposal to raise funds through a rights issue of equity shares, the company said in an exchange filing.

Pidilite: Pidilite announced the launch of state-of-the-art manufacturing facilities under its two joint ventures, Pidilite Litokol (PLPL) and Tenax Pidilite (TPPL), in Amod, Gujarat, to manufacture Litokol and Tenax products from Italy in India. 

HDFC, HDFC Bank, HDFC Life: The Competition Commission of India (CCI) has approved HDFC’s plans to increase its stake in HDFC Life through one or more market purchases on stock exchanges. After the HDFC-HDFC Bank merger, the combined entity will hold over 50% stake in HDFC Life.

Shriram Finance, Piramal Enterprise: Piramal Enterprises reportedly plans to sell an 8.34% stake in Shriram Finance through a block deal on June 21 at a floor price of Rs 1,483 per share, which is a 5% discount from the previous closing price of Rs 1,559.45.