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 rebounded on Tuesday following buying in IT giants and fresh foreign fund inflows. Nifty climbed 157.70 points or 0.72% to settle at 21,929.40, while Sensex went up by 454.68 points or 0.63% to 72,186.10.

Here are some stocks that are likely to remain in focus on February 7.

Max Financial Services: The Insurance Regulatory and Development Authority (IRDAI) has approved the capital infusion worth Rs 1,612 crore by Axis Bank into Max Life, subject to the approval of the competition watchdog Competition Commission of India (CCI).

UPL Ltd: Moody’s Investor Service has downgraded the agrochemicals company’s senior unsecured rating from ‘Baa3’ to ‘Ba1’ for UPL Corporation as well as the rating on the company’s long-term junior subordinated bonds from ‘Ba2’ to ‘Ba3’ following a deterioration in the company’s Q3 numbers.

Lupin: The pharmaceutical company has received approval from the USFDA for its Abbreviated New Drug Application for Bromfenac Ophthalmic Solution, a generic version of Bromsite indicated for the treatment of postoperative inflammation and the prevention of ocular pain in patients undergoing cataract surgery.

Biocon: The biopharmaceutical company has received tentative approval from the US Food and Drug Administration (USFDA) for Dasatinib tablets, which are used in the treatment of Philadelphia chromosome-positive chronic myeloid leukaemia in adults. 

One 97 Communications (Paytm): Paytm founder Vijay Shekhar Sharma reportedly met with Union Finance Minister Nirmala Sitharaman on Tuesday to discuss the ongoing issue of the fintech company. 

Companies announcing their Q3FY24 Results today: Apollo Tyres, Borosil Renewables, Cummins India, Dreamfolks Services, Fortis Healthcare, General Insurance Corporation of India, Gujarat Narmada Valley Fertilizers & Chemicals, JK Paper, Lupin, Manappuram Finance, Nestle India, Power Grid Corporation of India, Protean eGov Technologies, Safari Industries (India), Shalby, Solar Industries India, Star Cement, Tata Consumer Products, Trent and UNO Minda, among others.