The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 83 points higher or 0.34% at 24,415 indicating that the domestic benchmark indices are likely to make a positive start on Tuesday. 

On Monday, 28 October, Domestic benchmark indices S&P BSE Sensex slumped 603 points or 0.76% to end at 80,005 while the Nifty50 traded 158 points lower or 0.65% and settled at 24,339.

Here are some stocks that are likely to remain in focus on 29 October.

Quarterly Results Today: Adani Enterprises, Maruti Suzuki, Cipla, Marico, Adani Ports, Canara Bank, GSK Pharma, Prestige Estates, Welspun Enterprises, Force Motors, Hudco, V-Guard Industries, Somany Ceramics, V-Mart Retail, and Kirloskar Brothers are some of the prominent companies that are set to release their quarterly earnings for July-September. 

NBCC: The company said that they will undertake significant development and redevelopment works in Goa for a total consideration of Rs 10,000 crore. The company added, “These projects are to be taken up in phases. In the first phase, 6 projects in Goa are set to be taken up for execution with an estimated value of more than Rs 1,700 crore by NBCC.”

Indian Oil Corporation: In its quarterly earnings for July-September, the company reported a significant decline in net profit by 99% year-on-year (YoY) to Rs 180 crore from Rs 12,967 crore reported in the same quarter of the previous fiscal year. 

Infosys: The company has announced completing the acquisition of the German company Blitz 24-893 SE through Infosys Singapore.

JSW Energy: The company has entered into a technology licensing agreement with SANY Renewable to manufacture wind turbine blades in India. 

Prestige Estates Projects: The company has announced acquiring a 17.45 acres land parcel in Bengaluru’s Whitefield for a total consideration of Rs 462 crore. The company will use this land to develop a residential project spanning 2.68 million square feet. 

NTPC: The subsidiary of the company, NTPC Green has received approval from the Securities Exchange Board of India (SEBI) for its initial public offering.

KFin Technologies: The company is forming a 50-50 joint venture (JV) with CAMS to create an investment management platform called MF Central.

Macrotech Developers: The promoter of the company, Abhishek Lodha and his family will transfer 18% of his holding in the real estate company, which is worth Rs 20,000 crore, to the Lodha Philanthropy Foundation.

Tata Technologies: The company has announced signing an agreement with Air India to redesign the interiors of aircraft operated by the national carrier.

Star Health and Allied Insurance: The company did not find any evidence of wrongdoing from the company’s chief information security officer in a data leak incident.

Tired of missing hot stocks? Unicorn Signals provides powerful tools like stock scans and more help you make informed trading decisions. Download now and take control of your portfolio!