The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading lower by 273 points at 22,358 indicating that the domestic benchmark indices are likely to make a negative start on Wednesday.
On Tuesday, 8 April, Domestic benchmark indices S&P BSE Sensex gained by 1,089 points or 1.49% and settled at 74,227, while the Nifty50 traded 1.69% higher by 374 points, settling at 22,536.
Here are some stocks that are likely to remain in focus on 9 April.
NTPC Green Energy: The company has announced a partnership with Mahatma Phule Renewable Energy and Infrastructure Technology to incorporate a new company named NTPC-MAHAPREIT Green Energy that will develop, operate, and maintain renewable energy parks across India.
Power Finance Corp: The company has announced that it is signing an agreement with MMRDA to provide Rs 1 lakh crore for financing infrastructure projects.
NBCC: The company has announced that it is inking a Memorandum of Understanding (MoU) with RailTel Corp to develop data-centre projects in India and abroad for a period of five years. The company will provide management consultancy services, whereas RailTel will provide services related to planning, designing, supply, installation, testing, commissioning, operations, and maintenance.
Indian Oil Corporation: The company has announced its plans to invest Rs 61,000 crore to set up a mega petrochemical complex at Paradip in Odisha, aiming to meet the growing demand for petrochemicals in India.
Concord Biotech: The company has announced receiving final approval from the US Food and Drug Administration (USFDA) to market Teriflunomide tablets that are available in 7 mg and 14 mg strengths. Teriflunomide tablets are used to treat patients with relapsing forms of multiple sclerosis.
Swan Defence: The company has announced signing an MoU with Garden Reach Shipbuilders & Engineers to enhance its indigenous commercial shipbuilding capabilities.
Sasken Technologies: The subsidiary of the company, Sasken Design Solutions Pte, Singapore has announced acquiring a 100% stake in BORQS International Holding Corp for a total consideration of Rs 338 crore ($40 million).
Bharat Petroleum Corporation: The company has announced its intention to enter into a joint venture (JV) with Sembcorp Green Hydrogen India to explore renewable energy and green hydrogen projects in India.
Bodhi Tree Multimedia: The company has announced inking an MoU with the Government of Assam worth Rs 500 crore for establishing a Global Media, and Cultural Hub in Guwahati.
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