The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.38% lower by 89.50 points at 23,259.50, indicating that the domestic benchmark indices are likely to make a negative start on Wednesday. 

On Tuesday, 11 June, Domestic benchmark indices S&P BSE Sensex slumped 33.48 points, or 0.04%, to end at 76,456.60 while the Nifty50 traded 5.65 points or 0.04% higher and settled at 23,264.85.

Here are some stocks that are likely to remain in focus on 12 June.

HCL Technologies: The company has announced securing a $278 million agreement with Deutsche Apotheker-und Ärztebank eG (apoBank) for implementing an outcome-oriented managed services model designed to provide scalable, resilient, high-quality, and compliant digital foundation services. 

Union Bank of India: The company’s board of directors have considered and approved the plans to raise Rs 10,000 crore, the plan includes raising Rs 6,000 crore through different methods, including rights issues, private placements, public issues, and preferential allotments. 

TVS Supply Chain Solutions: The company has announced acquiring a 5-year strategic contract with Daimler Truck South East Asia Pte Ltd to serve as the primary logistics partner for Daimler Truck AG.

Cipla: The Additional Commissioner of State Tax (Appeal), Central Division, Patna, has upheld the order of Office of Joint Commissioner of State Taxes, Special Circle, Patna, against the company, for claiming inadmissible input tax credit during FY 2017-18. 

Patanjali Foods: The company’s board of directors has considered and approved the sale of its non-food business undertaking. A committee has been established to evaluate the proposal, perform valuations, and conduct due diligence. 

Tata Consultancy Services: The company has launched a new Internet of Things (IoT) engineering lab in the US to assist clients in developing innovative solutions more efficiently. 

Trident: A unit of the company, Trident Home Textiles has made further investment in its subsidiary Trident Global BV by acquiring 15,000 ordinary shares at €1 per share.