The GIFT Nifty futures, which are an early indicator of the Nifty50 index stocks, were trading higher by 20 points at 25,567, indicating that the domestic benchmark indices are likely to make a positive start on Thursday.

Earlier on Wednesday, 2 July, the Domestic benchmark indices, S&P BSE Sensex, slumped by 288 points or 0.34%, and settled at 83,410, while the Nifty50 traded 0.35% higher, or 88 points, closing at 25,453. 

Here are some stocks that are likely to remain in focus on 3 July.

RITES: The company has announced securing two orders worth Rs 64.01 crore on Tuesday. In a stock exchange filing, the company announced receiving a Rs 37.81 crore contract from South Western Railways and a $3.6 million (approximately Rs 26.2 crore) order from the African Rail Company.

Aurobindo Pharma: Aurobindo Pharma announced that its wholly owned subsidiary, CuraTeQ Biologics, received marketing authorisation from European authorities for its cancer drug, Dazublys. The biosimilar is part of the company’s oncology and immunology portfolio.

Tata Power: Tata Power must pay $490.32 million in damages, along with interest and legal costs, to Kleros Capital Partners, according to a partial award by a tribunal under the Singapore International Arbitration Centre (SIAC) rules. The tribunal, through a 2:1 majority, has also directed the company to pay simple interest at 5.33% on the awarded amount from 30 November 2020 until the payment date. Additionally, Tata Power must pay $8.29 million in legal costs with interest from 1 July 2025.

Voltas: Voltas received a show cause notice from the Principal Commissioner of Central GST Commissionerate, Dehradun. The notice was issued under provisions of the Central GST Act, 2017, the Uttarakhand GST Act, 2017, and the Integrated GST Act, 2017.

Vedanta: During a hearing before the National Company Law Tribunal (NCLT), Mumbai Bench, on 2 July, the Ministry of Petroleum and Natural Gas raised objections to Vedanta Ltd’s proposed demerger plan.

Indian Bank: Indian Bank reported a 10.2% year-on-year increase in total business to Rs 13.44 lakh crore for the quarter ended 30 June 2025, compared to Rs 12.20 lakh crore a year ago. According to provisional data, total deposits rose 9.3% YoY to Rs 7.44 lakh crore, while gross advances grew 11.3% to Rs 6 lakh crore from Rs 5.39 lakh crore in the same period last year.

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