The GIFT Nifty futures were trading in the green before the market’s opening on Wednesday. Indices are expected to open on a similar positive note.

Domestic benchmark indices NSE Nifty 50 and S&P BSE Sensex continued their winning streak for the sixth straight session, with Nifty scaling to a fresh lifetime high, driven by buying in banking and a few FMCG shares.

Nifty closed higher by 74.70 points or 0.34% to close at an all-time high level of 22,196.95, while Sensex ended 349.24 points or 0.48% higher to settle at 73,057.40.

Here are some stocks that are likely to remain in focus on February 21.

Wipro: The IT major has expanded its agreement with IBM and launched the Wipro Enterprise Artificial Intelligence (AI)-Ready Platform that will allow clients to create their fully integrated and customised AI environments.

Ashok Leyland: The automotive company announced its plans to set up a new integrated commercial vehicle plant in Uttar Pradesh, focused on green mobility.

DLF: DLF Home Developers Ltd, a subsidiary of the real estate company, has entered into a settlement agreement with Axis Trustee Services Ltd to acquire land parcels in Gurugram, Haryana, measuring a total of 28.49 acres, for a total consideration of Rs 1,241 crore. The move enables the partial redemption of bonds worth Rs 775 crore. 

Varun Beverages: The bottling company’s wholly-owned subsidiary, Varun Beverages Morocco SA, has entered into an exclusive snacks appointment agreement with Premier Nutrition Trading LLC, a PepsiCo unit, to manufacture and package ‘Cheetos’ in Morocco. The production will commence from the company’s manufacturing facility on May 1, 2025, with a capex of Rs 100 crore.

Zee Entertainment Enterprises Ltd (ZEEL): While investigating the media company’s founders, The Securities and Exchange Board of India (SEBI) has reportedly found that Rs 2,000 crore might have been diverted from Zee. ZEEL also clarified to the exchanges that it is not involved in any negotiations regarding the Sony merger deal.

NTPC: The electricity generation company’s unit, NTPC Green Energy, has inked an agreement with the Andhra Pradesh government to develop a green hydrogen hub in Visakhapatnam, including constructing a production facility for 1,200 tonnes per day.

Hindalco Industries: The mining company’s wholly-owned American subsidiary, Novelis Inc., has confidentially filed for an initial public offering (IPO) with the US Securities and Exchange Commission (SEC).