The GIFT Nifty futures, which is an early indicator of the Nifty50 index, was trading 0.21% higher by 48 points at 22,638, indicating that the domestic benchmark indices are likely to make a positive start on Monday.
On Friday, 26 April, the Domestic benchmark indices S&P BSE Sensex plunged 609.28 points, or 0.82%, to end at 73,730.16, while the Nifty50 traded 150.40 points, or 0.67%, lower and settled at 22,419.35.
Here are some stocks that are likely to remain in focus on 29 April.
Quarterly Results Today: KPIT Technologies, Poonawala Fincorp, Tata Chemicals, Can Fin Homes, Shoppers Stop, Vesuvius India, UltraTech Cement, Trent, Birlasoft, PNB Housing Finance, KFIN Technologies, Rossari Biotech, UCO Bank, Spandana Sphoorty Financial, and Gillette India are some of the prominent companies that are set to release their quarterly earnings for January-March.
ICICI Bank: The company reported a net profit of Rs 10,757.5 crore, whereas its net interest income stood at Rs 19,092.8 crore.
Maruti Suzuki: In its quarterly report for January-March, the company reported a net profit of Rs 3,877.8 crore and also declared an interim dividend of Rs 125 per share.
Vodafone Idea: ATC Telecom Infrastructure has offloaded 144 crore shares, representing a 2.95% stake in the company at an average price of Rs 12.78 per share, whereas Citigroup Global has acquired 49.12 crore shares, representing a .0.98% stake in VI.
Small Finance Bank: The Reserve Bank of India (RBI) has called for applications from Small Finance Banks (SFBs) meeting specified criteria, including a minimum net worth of Rs 1,000 crore, to become regular or universal banks.
Macrotech Developers: The National Company Law Tribunal (NCLT) has approved the company’s resolution plan for V Hotels.
Welspun Specialty: The company has received an order worth Rs 21.64 crore for the supply of stainless steel seamless tubes from a PSU customer.
Adani Enterprise: The company’s subsidiary, Adani Enterprise Mauritius, has finalised the acquisition of a 49% stake in Abu Dhabi-based Adani Esyasoft Smart Solutions for a total consideration of $24,500.
Cipla: The company’s wholly-owned subsidiary, Cipla Health, has completed the purchase of the distribution and marketing business, an undertaking of the cosmetics and personal care business from Ivia Beaute Private Limited.