The GIFTY Nifty futures were trading negatively during the early hours before the opening of the markets on Friday. Domestic Indices are expected to open in the red in line with the GIFT Nifty futures amid dismal global cues ahead of the US Federal Reserve Chairman Jerome Powell’s speech.

The benchmark equity indices, NSE Nifty 50 and S&P BSE Sensex, ended Thursday’s trading session in the red, erasing all morning gains. The Nifty 50 closed at 19,386.7 points after losing 0.29% or 57.3 points, while the Sensex fell 180.96 points or 0.28% to close at 65,252.34 points.

Here are some stocks that are likely to remain in focus on August 25.

Granules India: The drugmaker’s Jeedimetla API facility received the Accreditation Certificate of Foreign Drug Manufacturer in the categories of non-sterile Drugs, Packaging, Labelling, and Storage of Drugs from the Pharmaceuticals and Medical Devices Agency (PMDA), Japan, and the Brazilian Health Regulatory Agency (ANVISA) approved compliance with the guidelines of Good Manufacturing Practices for its Bonthapally API facility. Both facilities are located in Hyderabad, Telangana. 

Reliance Industries (RIL): RIL and The Oberoi Hotels and Resorts (Oberoi) to jointly manage three properties across India and the UK, namely the upcoming Anant Vilas Hotel in Mumbai’s Bandra Kurla Complex, the Stoke Park in the UK, and another planned project in Gujarat. 

Astra Microwave Products: The company has received orders worth Rs 158 crore from the Indian Space Research Organisation (ISRO), Defence Research and Development Organisation (DRDO) and other Defence Public Sector Undertakings (DPSU) for the supply of Satellite Sub-systems, Airborne Radar, Radar, and EW projects. 

Bharat Electronics: The Defence Acquisition Council (DAC) has accorded Acceptance of Necessity (AoN) for several capital acquisition proposals worth Rs 7,800 crore on August 24, including an AoN for the procurement and installation of Electronic Warfare (EW) Suite on Mi-17 V5 Helicopters to enhance the efficiency of the Indian Air Force, to be procured from Bharat Electronics Limited (BEL).

Shoppers Stop: Due to personal reasons, the company’s managing director (MD) and chief executive officer (CEO) Venu Nair has resigned effective August 31. In his stead, Homestop head Kavindra Mishra has been promoted to executive director and CEO for three years, effective September 1.

Kaynes Technology India: The company inked a Memorandum of Understanding (MoU) with the Government of Karnataka to increase electronic manufacturing in the state. It will set up a semiconductor assembly and testing facility through its step-down subsidiaries for a total consideration of Rs 3,750 crore.

One 97 Communications (Paytm): Paytm promoter Antfin (Netherlands) Holding BV is likely to sell 2.27 crore shares, equivalent to a 3.6% stake in the company through a block deal today at a floor price of Rs 880.10 per share, at a 2.7% discount from the closing price of Rs 904.45 on Thursday.