The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.14% higher by 30.5 points at 23,720, indicating that the domestic benchmark indices are likely to make a negative start on Thursday.
On Wednesday, 5 February, Domestic benchmark indices S&P BSE Sensex slumped by 312.53 points or 0.40% and settled at 78,271.28 while the Nifty50 traded 0.18% lower by 40.95 points, settling at 23,696.30.
Here are some stocks that are likely to remain in focus on 6 February.
Quarterly Results Today: State Bank of India, ITC, Bharti Airtel, Aurobindo Pharma, Hero MotoCorp, UNO Minda, Trent, Britannia Industries, BSE, Apollo Tyres, Cochin Shipyard, Emcure Pharmaceuticals, KPI Green Energy, Reliance Communications, and Chambal Fertilisers and Chemicals are some of the prominent companies set to announce their quarterly earnings for October-December.
Reliance Power: in its quarterly earnings for October-December, the company reported a net profit of Rs 41.95 crore for the quarter under review compared to Rs 1,136.75 crore net loss reported in the same quarter last year.
United Spirits: The company has announced the closure of its Hyderabad factory operations, which is a part of the Supply Chain Agility Program that was approved back in January 2023.
GE Power: The company has announced receiving a purchase order worth Rs 13.75 crore from NTPC.
Swiggy: For the quarter ended 31 December, the company’s net loss widened to Rs 799 crore for the quarter compared to Rs 574.4 crore reported in the same quarter of the previous fiscal year.
UltraTech Cement: The company has announced commissioning an additional 0.6 million tonnes per annum grinding capacity at its existing unit in Sonar Bangla, West Bengal.
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