The GIFT Nifty futures were trading in the green before the market’s opening on Thursday. Indices are expected to open on a similar positive note.

Domestic benchmark indices NSE Nifty 50 and S&P BSE Sensex closed flat after a volatile trade on Wednesday ahead of the RBI’s interest rate decision on Thursday. Sensex ended marginally lower by 34.09 points or 0.05% to 72,152, while Nifty closed slightly up by 1.10 points or 0.01% to settle at 21,930.50. 

Here are some stocks that are likely to remain in focus on February 8.

SJVN: The hydroelectric power generation company has received a letter of intent from Gujarat Urja Vias Nigam Ltd (GUVNL) to set up a 200 MW solar power project worth Rs 1,100 crore.

Mangalore Chemicals & Fertilizers Ltd: The board of the chemical fertilizers manufacturer has approved the merger of Mangalore Chemicals into and with Paradeep Phosphates.

Ashoka Buildcon: The construction engineering company has received a Letter of Award worth Rs 520 crore from the National Highways Authority of India for a project in Bihar.

Welspun Enterprises: The industrial construction company emerged as the lowest bidder for a Rs 4,128 crore project from the Brihanmumbai Municipal Corp to develop a 2,000 million litre per-day water treatment plant.

Indraprastha Gas: The natural gas distribution company has signed a Memorandum of Understanding (MoU) with two technology partners during India Energy Week 2024 to establish Compressed Biogas (CBG) plants across four states, Delhi, Haryana, Rajasthan, and Uttar Pradesh.

Zomato:  The food delivery company has announced the liquidation of two step-down subsidiaries, Zomato Vietnam Company (effective from February 2) and Lunchtime.cz (effective from February 6).

Companies announcing their Q3FY24 Results today: 3M India, Apollo Hospitals Enterprise, AstraZeneca Pharma India, Balrampur Chini Mills, Biocon, Bombay Dyeing, ESAF Small Finance Bank, Escorts Kubota, Honeywell Automation, Ircon International, JK Lakshmi Cement, Life Insurance Corp, Page Industries, Patanjali foods, Power Finance Corp, Rail Vikas Nigam, Siyaram Silk Mills, Torrent Power, United Breweries, Venky’s India and Zomato, among others.