The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading lower by 22 points at 24,651, indicating that the domestic benchmark indices are likely to make a negative start on Friday.
Earlier on Thursday, 7 August, Domestic benchmark indices S&P BSE Sensex surged by 79 points or 0.1%, and settled at 80,623 while the Nifty50 traded 0.09% higher or 21 points, closing at 24,596.
Here are some stocks that are likely to remain in focus on 8 August.
Quarterly Results Today: Siemens, Afcons Infrastructure, Bombay Dyeing & Manufacturing Company, State Bank of India, Tata Motors, Grasim Industries, DOMS Industries, Equitas Small Finance Bank, ESAF Small Finance Bank, Info Edge (India), Apeejay Surrendra Park Hotels, PG Electroplast, Gandhar Oil Refinery, Lemon Tree Hotels, Manappuram Finance, Voltas, Wockhardt, and TVS Supply Chain Solutions are some of the prominent companies set to announce their quarterly earnings for April-June.
Zydus Lifesciences: Zydus Lifesciences obtained its first Canadian Notice of Compliance from Health Canada for ZDS-Varenicline tablets (0.5 mg and 1 mg), a medication used to aid smoking cessation.
AU Small Finance Bank: The Reserve Bank of India granted AU Small Finance Bank in-principle approval to transition from a small finance bank to a universal bank.
Piramal Pharma: In its regulatory finance, the company said that on 6 August, a fire broke out at a third-party warehouse in Telangana housing Piramal Pharmaβs inventory. The company confirmed that the blaze is largely under control, with the cause under investigation. The estimated value of the damaged inventory stands at Rs 45 crore.Β
LIC: Life Insurance Corporation (LIC) posted a standalone net profit of Rs 10,987 crore in Q1, marking a 5% YoY increase. Net premium income also grew 5% to Rs 1.19 lakh crore. According to IRDAI data, LIC captured 63.5% of First Year Premium Income, dominated the group segment with a 76.5% market share, and held 38.8% in the individual category.
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