The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.17% lower by 41 points at 23,714, indicating that the domestic benchmark indices are likely to make a negative start on Thursday.
On Wednesday, 8 January, Domestic benchmark indices S&P BSE Sensex slipped 50.62 points or 0.06% and settled at 78,148.49 while the Nifty50 traded slumped 18.95 points or 0.08%, settling at 23,688.95.
Here are some stocks that are likely to remain in focus on 9 January.
Quarterly Results Today: Mishka Exim, Padam Cotton Yarns, Tata Elxsi, TCS, GTPL Hathway, IREDA, Teamo Productions HQ, Vivo Bio Tech, Annvrridhhi Ventures, and Yash Highvoltage are some of the prominent companies set to announce their quarterly earnings for October-December.
NTPC Green Energy: The company has entered into a Joint venture with Rajasthan Rajya Vidyut Utpadan Nigam Limited and holds a 74.26% stake in the JV.
Manappuram Finance: The restriction imposed on the company’s subsidiary, Asirvad Micro Finance, was lifted by the Reserve Bank of India after they were satisfied with the actions taken by the arm to adhere to regulatory guidelines.
BHEL: The company has announced commissioning the first two units of the 6×170 MW Punatsangchhu-II hydroelectric project in Bhutan, situated in Wangdue district.
Lupin: The company’s Pithampur Unit-1 manufacturing facility has received an Establishment Inspection Report (EIR) from the United States Food and Drug Administration.
MOIL: The company has announced receiving a penalty order worth Rs 16.77 crore from the Collector of Balaghat, Madhya Pradesh.
ACME: The company has announced commissioning 90 megawatts (MW) of additional solar power capacity in Rajasthan, taking its total operational capacity to 2,453 MW.
Titan: The company has inaugurated its first exclusive brand store, IRTH, under its expansion plans in Chennai, aiming at attaining a revenue target of Rs 1,000 crore by fiscal year 2027 through its IRTH and Fastrack bags business divisions.
Brigade Enterprises: Brigade Group has unveiled a mixed-use project, Brigade Gateway, at Neopolis in Kokapet, Hyderabad. The residential segment of the development is projected to generate Rs 3,300 crore in revenue.
ONGC: Bharat Petroleum will act as a technical service provider to help increase the oil and gas production from India’s largest producing field, which is situated off the West Coast. BP has promised to ramp up production by up to 60%.
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