Before the trading session on Thursday, the GIFT Nifty Futures were trading on a flat-to-positive note. This indicates a similar flattish opening for the domestic indices. 

Benchmark indices S&P BSE Sensex and NSE Nifty 50 ended Wednesday’s session in red. Nifty fell 55.10 points or 0.28% and settled at 19,384.30. BSE Sensex slipped 0.34% or 223.94 points to close at 65,393.90. 

Look at the stocks likely to see some action in trade today. 

Aurobindo Pharma: APL Healthcare Ltd, a wholly-owned subsidiary of Aurobindo Pharma, has received final approval from the US Food & Drug Administration (USFDA) to manufacture and sell Sevelamer Hydrochloride tablets 400 mg and 800 mg, used to treat chronic kidney disease.

Tata Consultancy Services: The IT major reported a 16.8% year-on-year (YoY) growth in consolidated net profit, driven by solid growth in total contract value (TCV) deal wins. The net profit grew to Rs 11,074 crore for the quarter ended June 30, 2023, compared to Rs 9,478 crore during the same period last year. 

HCL Technologies: The third largest Indian IT firm posted a poor-than-expected net profit and revenue growth for the quarter ended June 30, 2023 (Q1FY24). The net profit for the Noida-based IT services major stood at Rs 3,534 crore, down 11.3% on a quarter-on-quarter (QoQ) basis from Rs 3,983 crore due to ramp downs in deals and segments like Hi-tech and telecom. The revenue was down 1.2 per cent QoQ at Rs 26,296 crore. 

SpiceJet: Promoter and Chief Managing Director of SpiceJet Ajay Singh will infuse Rs 500 crore into the airline by subscribing to fresh equity shares and/or convertible instruments. 

Patanjali Foods: The company’s Baba Ramdev-led promoter, Patanjali Ayurved Limited, will sell up to 2.53 crore shares or 7% equity in Patanjali Foods through an offer for sale at the floor price is Rs 1,000 per share, an 18.4% discount to the last close. 

Hindalco Industries Ltd: The board of the metal mining and manufacturing company has approved a proposal to sell land at Maharashtra’s Kalwa to Birla Estates worth nearly Rs 600 crore. The sale is expected to be completed within 15 months, with the definitive documents being signed in due course.