The GIFT Nifty futures, which is an early indicator of the Nifty50 index stocks, was trading lower by 5 points at 24,773, indicating that the domestic benchmark indices are likely to make a muted start on Wednesday.
Earlier on Tuesday, 30 September, the Domestic benchmark indices S&P BSE Sensex slumped by 92 points or 0.12%, and settled at 80,268, while the Nifty50 traded 0.10% lower or 24 points, closing at 24,611.
Here are some stocks that are likely to remain in focus on 1 October.
Oil India: Oil India (OIL) and GAIL India (GAIL) signed an MoU to deepen collaboration across the natural gas value chain. The agreement aims to unlock synergies and expand access to cleaner energy in India. Senior officials from the Ministry of Petroleum & Natural Gas, along with company CMDs, witnessed the signing.
RITES: RITES signed an MoU with Etihad Rail and its subsidiary, National Infrastructure Construction Company (NICC) LLC, to boost business collaboration in the mobility sector across the UAE and beyond.
Lupin: Lupin secured approval from the US Food and Drug Administration (US FDA) for its Abbreviated New Drug Application (ANDA) for Rivaroxaban for Oral Suspension. The product, bioequivalent to Janssen Pharmaceuticalsβ Xarelto, treats venous thromboembolism (VTE).
Atlantaa: The company has announced inking an agreement with IRCON International for a βΉ2,485 crore contract to build the Bhandara-Gadchiroli Access Controlled Expressway in Maharashtra under the EPC model.
Adani Enterprises: Adani Road Transport (ARTL), a subsidiary of Adani Enterprises, signed share purchase agreements to acquire a 100% stake in Yashodhan Highways (YHPL) from YHPL and DRN Infrastructure, and in KN Highways Development (KNHDPL) from KNHDPL and DRN Infrastructure.
NestlΓ© India: NestlΓ© India signed a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI) to accelerate investments in greenfield and brownfield projects in Odisha and its existing manufacturing sites, reinforcing its commitment to India.
RateGain Travel: RateGain Travel Technologies, through its subsidiary, signed a definitive agreement to acquire Sojern Inc., an AI-led MarTech company specialising in the hospitality sector. The acquisition will strengthen RateGainβs AI-powered SaaS offerings for travel and hospitality.
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