The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading higher by 61 points at 25,392, indicating that the domestic benchmark indices are likely to make a positive start on Wednesday.
Earlier on Tuesday, 16 September, the Domestic benchmark indices S&P BSE Sensex gained by 594 points or 0.73%, and settled at 82,380, while the Nifty50 traded 0.68% higher or 169 points, closing at 25,239.
Here are some stocks that are likely to remain in focus on 17 September.
Bharat Electronics: Bharat Electronics (BEL) bagged fresh orders worth Rs 712 crore since 1 September. The contracts cover IT infrastructure, cybersecurity, ESM systems, blockchain solutions, communication equipment, and related services, though the company did not disclose client names in its filing.
RailTel Corporation of India: RailTel secured a Rs 105.74 crore order from the Bihar Education Project Council (BEPC) to procure, supply, and install smart classrooms in KGBVs across Bihar. The company also received a Rs 57.48 crore Letter of Acceptance (LoA) from the Bihar State Educational Infrastructure Development Corporation to develop hybrid smart classrooms and ICT labs in colleges and universities under the PM-USHA Scheme.
Akzo Nobel India: The Competition Commission of India (CCI) cleared JSW Paintsβ acquisition of up to 75% in Akzo Nobel India. The deal will move ahead through a share purchase agreement and a mandatory open offer, with the detailed CCI order expected soon.
Coal India: The Ministry of Mines declared Coal India the preferred bidder for the Ontillu-Chandragiri rare earth element (REE) block in Andhra Pradesh. Spanning 209.62 sq. km, the block will be allocated under an exploration license as per the Mines and Minerals (Development and Regulation) Act, 1957.
Lupin: The company announced that its Nagpur injectable facility was inspected by the US Food and Drug Administration (USFDA) between 8 September and 16 September, which concluded, and the US regulator issued six observations.
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