The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.16% lower by 40.50 points at 24,422, indicating that the domestic benchmark indices are likely to make a negative start on Wednesday. 

On Tuesday, 17 September, Domestic benchmark indices S&P BSE Sensex jumped 90.88 points or 0.11%, to end at 83,079.66, while the Nifty50 traded 34.80 points or 0.14% higher and settled at 25,418.55.

Here are some stocks that are likely to remain in focus on 18 September.

Torrent Power: The company has received a letter of Intent from the Maharashtra State Electricity Distribution Co for a 1,500 megawatt (MW) pumped hydro storage. 

REC: The company has signed a non-binding financial agreement to increase its renewable loan portfolio to over Rs 3 lakh crore by 2030.

Reliance Power: The company has fulfilled all its obligations as a guarantor for Vidarbha Industries Power and has also resolved all disputes with CFM Asset Reconstruction. 

Biocon: The Life Insurance Corporation of India (LIC) has increased its shareholding in the company by acquiring additional 500,200 shares, representing a 0.041% stake in the company, and taking its total shareholding to 5.023%. 

Indian Hotels Company: The company has signed a new resort at Barnala in Punjab under the Gateway brand. The new resort will have 100 villas and is spread across 9 acres. 

Bandhan Bank: The bank has increased its fixed deposit interest rate to 8.55% on one-year deposits, aiming to attract more depositors in this competitive financial market. 

Infosys: The IT major has entered into a long-term agreement with Metro Bank of the UK to improve its IT and support functions. 

Utkarsh Small Finance Bank: The company has received approval from the Reserve Bank of India (RBI) for the variable remuneration for the Managing Director & CEO of the company for FY24 along with the fixed remuneration for FY25. 

Jupiter Wagons: The company has announced a Rs 2,500 crore capacity expansion plan to construct a new facility in Odisha for producing forged wheelsets. The new facility will increase the company’s production capacity from 20,000 to 100,000 wheelsets per year.

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