The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.07% lower by 41 points at 24,665, indicating that the domestic benchmark indices are likely to make a negative start on Tuesday.
On Monday, 16 December, Domestic benchmark indices S&P BSE Sensex slumped 385 points or 0.47% to end at 81,748 while the Nifty50 traded 100 points lower or 0.40% and settled at 24,668.
Here are some stocks that are likely to remain in focus on 17 December.
Rail Vikas Nigam: The company has announced receiving a letter of acceptance (LoA) for an order worth Rs 270 crore from the Maharashtra Metro Rail Corporation.
HDFC Bank: The company has received a warning from the Securities and Exchange Board of India (SEBI) over non-compliance with listing regulations. The warning is regarding the delay in disclosing the resignation of Arvind Kapil, who is the Group Head of the HDFC Bank’s mortgage business.
Wipro: The company has announced their plans to acquire Applied Value Technologies (AVT), which has its headquarters in Massachusetts, for a total consideration of $40 million.
Nuclear Power Corporation: The company has announced raising Rs 4,000 crore by the issuance of 15-year bonds at a coupon rate of 7.14%.
Vedanta: The company board have approved the fourth interim dividend of Rs 8.5 per share for the fiscal year 2025, and has set a 24 December record date for payment of the said dividend.
Oriana Power: The company has announced signing a Memorandum of Understanding (MoU) with the Rajasthan Government under the “Rising Rajasthan 2024” to explore renewable energy projects along with potential investment opportunities up to Rs 10,000 crore.
Patanjali Foods: The company has announced the beginning of commercial production at its Niglok Palm Oil Processing Mill in Arunachal Pradesh, which has a palm fruit-crushing capacity of 5 MTS per hour.
Varun Beverages: The company has announced acquiring 39.93% of the issued and paid-up equity share capital of LunarMech.
HPCL: The Board of Directors of the company has approved a Lube Modernization and Bottoms Upgradation program that will have an estimated cost of Rs 4,679 crore, aiming to increase LOBS production to 764 KTPA from the current 475 KTPA.
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